The internal audit activitys quality assurance and improvement program is the responsibility of

Who is responsible for the development and maintenance of a quality assurance and improvement program of the internal audit activity?

1.3 The Chief Internal Auditor is ultimately responsible for the QAIP, which covers all types of Internal Audit activities, including consulting.

What is a quality assurance and improvement program?

A Quality Assurance and Improvement Program (QAIP) enables an evaluation of the internal audit activity's conformance with the Definition of Internal Auditing and the International Standards for the Professional Practice of Internal Auditing (Standards) and an evaluation of whether internal auditors apply the Code of ...

What are the role and responsibilities of internal audit?

An Internal Auditor's job is to ensure that all the business processes in a company are risk-management compliant. The operating process includes assessing certain areas for compliance with relevant laws and evaluating how effective this department has been at implementing its controls into practices.

What is involved in a quality assurance audit?

“A quality assurance audit is a documented, systematic process, performed in a planned manner by competent independent personnel with the objective of evaluating the application by an organization to the principles and requirements of defined quality regulations and customer expectations”.