To ensure your internal audit function conforms to the IIA’s Global Internal Audit Standards™, regular internal quality assurance activity is required, as well as an independent external quality assessment (EQA) - at least once every five years.
Every Internal Auditor, Audit Manager and Chief Audit Executive has a part to play in their team’s quality assurance and improvement programme (QAIP). Most obviously, Chief Audit executives must develop, implement, and employ a QAIP covering the internal audit function and its diverse activities. QAIPs vary in depth and detail, but all should be aimed at adding value and delivering insight.
To ensure your internal audit function conforms to the IIA’s Global Internal Audit Standards™, regular internal quality assurance activity is required, as well as an independent external quality assessment (EQA) – at least once every five years. However, many internal audit teams have not undertaken such an exercise and many team members do not fully appreciate what is needed to achieve successful benefits and outcomes through their QAIPs and in an EQA.
This course will help you improve your QAIP, reduce significant findings from an EQA, and help you turn these important processes into a positive experience that can enhance the internal audit function’s added value, efficiency, and effectiveness.
John has undertaken over 55 EQAs in the UK, Ireland and internationally. He will draw upon his extensive, practical experience to help show what does, and doesn’t work, when it comes to QAIPs and EQA reviews.
Who should attend?
This course has been designed to be relevant to Chief Audit Executives, Internal Audit Managers and Senior Internal Auditors, and Internal Auditors, as well as key stakeholders such as Audit Committee members, with varying levels of practical experience.
It is of most relevance for those wanting to review and improve their own working practices, methodologies or quality assurance and improvement programmes, as well as those who are considering commissioning an EQA in the next few years.
Course programme
A blend of theoretical, technical, discursive, and practical approaches covering:
- What is quality and quality management
- The key elements of a quality assurance and improvement programme (QAIP)
- Internal quality assessments – common practices and pitfalls
- What an effective improvement programme looks like – good practices
- Understand how an external quality assessment (EQA) process works
- Preparing for and getting the best from an EQA
- Common lessons from EQAs
- Challenges involved in implementing an effective QAIP and how to overcome them
The course includes facilitator input, topical examples, short practical discussions and interactive group exercises to reinforce the learning and build upon your existing knowledge.
IIA Global CPE competency areas covered
- Professionalism (Professional development)
- Leadership and Communication (Internal audit strategic planning and management)
- Leadership and Communication (Quality Assurance and Improvement Program)
CPE
You will earn 7 CPE’s for CIA, CRMA and Diplomert internrevisor for attending this course.
Instructor
John Chesshire, CFIIA, QIAL, CRMA, CIA, CISA, has over 26 years’ experience working in the internal audit, risk management, business improvement and governance fields. John is a Fellow of the Chartered Institute of Internal Auditors (CIIA) in the UK, an Independent Internal Audit Committee Chair, and a member of three other Audit Committees in the international charity, defence and local government sectors. He was Head of Internal Audit and then Chief Assurance Officer for the States of Guernsey until the start of 2021.
John continues as a practising internal auditor (and not just a trainer or talking head!) and currently works flexibly as The Internal Auditor for an international credit ratings agency. Amongst his many other international and UK roles.
He has delivered numerous well-received courses for the CIIA, as well as to many other global Institutes of Internal Auditors. At the last count he regularly works with nearly 20 different IIAs. John’s other recent clients include FTSE listed companies, multinationals, financial services, central and local government, law enforcement, charities, professional services companies, and international organisations such as the OECD, the ACCA, NATO and UN Agencies.
He is the Chief Examiner, Chief Chartered by Experience Assessor and EQA reviewer for the CIIA and has been a visiting lecturer in the Governance and Assurance Hub at Birmingham City University.
John loves internal audit, is an enthusiastic advocate for the internal audit profession, and particularly enjoys working in new and emerging areas of internal audit and assurance interest.
