
Internal Audit Quality Assurance
Internal Audit Quality Assurance refers to the process of reviewing and improving the internal audit function within an organization. It ensures that audits are conducted effectively, follow professional standards, and add value by identifying risks and improving controls. This process involves evaluating the accuracy, thoroughness, and independence of audits, often through ongoing assessments or external reviews. The goal is to maintain high-quality audits that support sound decision-making, compliance, and organizational performance, ultimately strengthening trust in the internal audit function.