Performing an Effective Quality Assessment – Virtual
25/10/2021 - 27/10/2021 @ 8:30 am - 12:30 pm - About this course: Course Description As an organization grows and its internal processes change and evolve, its quality monitoring process must keep pace. To ensure consistent quality in this dynamic environment, an ongoing commitment to growth and improvement is essential. The required elements of a Quality Assurance and Improvement Program (QAIP) include periodic internal assessments [...]
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Date/Time
Date(s) - 25/10/2021 - 27/10/2021
8:30 am - 12:30 pm

Location


About this course:

Course Description

As an organization grows and its internal processes change and evolve, its quality monitoring process must keep pace. To ensure consistent quality in this dynamic environment, an ongoing commitment to growth and improvement is essential.

The required elements of a Quality Assurance and Improvement Program (QAIP) include periodic internal assessments and external assessments to demonstrate conformance with The IIA’s International Standards for the Professional Practice of Internal Auditing. In addition, a quality QAIP can provide evidence to the audit committee and management that the internal audit activity is efficient, effective, and adding value. It can also build stakeholder confidence and document a commitment to quality, leading practices, and the internal auditors’ mindset for professionalism.

This course will provide you with the appropriate knowledge and skills to plan, perform, and evaluate the results of an external quality assessment case study. You will also learn about the processes and tools in the IIA Quality Assessment Manual (QA Manual) that can help you identify opportunities to improve your internal audit quality activities.

 

Course Schedule

  • Day 1: 08:30 – 12:30
  • Day 2: 08:30 – 12:30
  • Day 3: 08:30 – 12:30

 

Course Objectives

  • Examine the process flow and tools in the updated QA Manual and explore how these can be used to evaluate conformance with the Standards and identify opportunities for continuous improvement.
  • Practice using the QA Manual tools to plan, perform, and evaluate the results of an external quality assessment case study.
  • Discuss how to use the QA Manual tools in a periodic self-assessment.
  • Evaluate the external quality assessment options and determine which option will work best for your internal audit activity.

Course Topics:

Quality Manual and Process Overview

  • The International Professional Practices Framework (IPPF)
  • The QAIP Framework
  • Overview of the Quality Assessment Manual (QA Manual) and its process flow and tools
  • Types of internal audit quality assessments

 

Planning the Quality Assessment

  • Quality assessment scope, objectives, and planning tools
  • Key features of planning guides
  • Case study – Successful practices, opportunities for improvement, and planning the work
  • Key features of surveys
  • Case study survey results

 

Performing the Quality Assessment

  • Key features of interview guides (key practices and lessons learned)
  • Case study interview results
  • Key features of QA programs and supporting tools
  • Case study quality assessment program results

 

Evaluating Quality Assessment Results

  • QA Manual evaluation summary tools and assessment criteria
  • Applying assessment criteria on common QA scenarios (that require a high level of professional judgment)
  • Evaluating case study results, using the assessment criteria
  • Key features of the QA Manual reporting tools
  • Value-added solutions for the most significant case study opportunities for improvement

 

Periodic Self-assessment Application

  • Implications of the relevant IPPF guidance
  • Applying the IPPF Implementation Guides and QA Manual to common periodic self-assessment scenarios

 

External Quality Assessment Options

  • Implications of the relevant IPPF guidance
  • External QA options, and the related pros, cons, and other considerations
  • Applying the IPPF Implementation Guides and your business acumen to common external quality assessment scenarios
  • How to prepare for an external quality assessment

 

CPE Credits: 12

Level: Intermediate

Field of Study: Auditing

Pre-requisites: Participants should have 3-5 year’s experience in internal audit

Advance Preparation: None

Delivery Format: eLearning (Group-Internet-Based); On-site Training (Group-Live); Seminar (Group-Live)


Bookings

Ticket Type Price Spaces
Non-members $860.00
Members $777.00 N/A
Strategic Partner/ADAA Member $650.00 N/A

Finance Department

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Disclaimer

The UAE IAA reserves the right to amend the Terms & Conditions at any time without prior notice.

While the UAE Internal Audit Association and its staff make every effort to observe and maintain the schedule of every training course as set forth in the organization’s training schedule, under certain circumstances that are out of our control we might feel obligated to cancel and/or reschedule any training course or event. Under these circumstances, our training department will forward all registrants to the next available schedule for the same course. The individual participant or the sponsoring organization will have the ability to request a different schedule for the same course or a different course within the same calendar year.

CPEs: 12 Point
Course Level: Intermediate
Duration: 3 Day/s
Language: English
Member Fees:777USD
Nonmember Fees: 860USD

Number of Attendees:

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