Overview

Quality Assurance Reviews (QARs) are essential for ensuring the internal audit function operates in accordance with the International Standards for the Professional Practice of Internal Auditing (IIA Standards). QARs assess the effectiveness, independence, and quality of the audit activity and provide insights for continuous improvement.

Our Approach

At 11Ps Consulting Group, we provide both full external QARs and independent validations of self-assessments. Our approach is grounded in the IIA’s Quality Assessment Manual and tailored to your organization’s audit maturity and risk profile.

Our QAR methodology includes:

• Reviewing audit charters, manuals, plans, and tools
• Interviewing stakeholders (CAEs, management, audit committee)
• Observing audit practices and team capabilities
• Assessing conformance with IIA Standards and Code of Ethics
• Evaluating audit performance metrics and reporting value
• Delivering a clear, practical improvement plan

Use Cases / Applications

• Mandatory QAR every 5 years (per IIA requirements)
• Enhancing credibility and transparency of the audit function
• Benchmarking internal audit maturity
• Preparing for regulator or board scrutiny
• Validating effectiveness of internal QAIP programs

Why 11Ps?

• Led by Certified Internal Auditors (CIA) with proven experience
• Independent, objective review with actionable feedback
• Custom scoring aligned with your strategic goals
• Benchmarking against best practices from global leaders
• Clear roadmap for strengthening audit value and impact