Quality Assurance Improvement Plan
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 Ethics. The program also assesses the efficiency and effectiveness of the internal audit activity and identifies opportunities for improvement. (From the Institute of Internal Auditors).
The Chief Audit Executive (CAE) is ultimately responsible for the QAIP, which covers all Internal Audit activities, including consulting.
IIA QAIP Standards
- 1300: Quality Assurance and Improvement Program
- 1310: Requirement for the Quality Assurance and Improvement Program
- 1311: Internal Assessments
- 1312: External Assessments
- 1320: Reporting on the Quality Assurance and Improvement Program
- 1321: Use of "Conforms to (or in conformance with) the International Standards for the Professional Practice of Internal Auditing"
- 1322: Disclosure of Noncompliance