WHY undergo a Quality Assessment (QA)?

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WHY undergo a Quality Assessment (QA)?

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: External QAs are necessary in order to provide full objectivity. In addition to enabling you to state that your IA activities are “conducted in accordance with the International Standards for the Professional Practice of Internal Auditing,” they build stakeholder confidence by documenting the internal audit function’s commitment to quality and leading practices, and the internal auditors’ mindset for professionalism. Obtaining an external QA also provides evidence to the board, management, and staff that the internal audit activity is concerned about the organization’s internal controls, governance, and risk management processes.