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Quality Assessment Review
***QA Speaking Schedule***

Under IIA Standards, an external assessment must be performed at least once every five years by a qualified, independent reviewer or review team from outside the organization. For organizations adhering to Generally Accepted Government Auditing Standards (GAGAS), each audit organization performing audits or attestation engagements in accordance with GAGAS must have an external peer review at least once every three years.

Why are the IIA Standards receiving attention right now? The compliance deadline for the 2002 Standards revision was January 1, 2007. Companies in all industries from small internal audit departments up to the world’s largest organizations proactively went through the mandatory QAR process during 2005 and 2006 in order to be compliant before December 31, 2006. The five year time period for these organizations has either passed or will lapse by January 1, 2012. Organizations with an internal audit activity that do not meet this reoccurring five year requirement will be non-compliant with the IIA’s Standards.

Honkamp Krueger & Co., P.C. has assembled a dedicated and heavily experienced team of subject matter expert Quality Assessment (QA) professionals who are internationally recognized for providing QA services throughout the world. Our QA professionals are regulars on the Institute for Internal Auditors (IIA) speaking circuit on the topic of QA at the IIA Chapter level from coast-to-coast. The Institute of Internal Auditors also engages our Honkamp Krueger QA Team Leaders as instructors for their quality related courses.

Over the course of their careers our QA Team Leaders have completed over 250 Full Quality Assessments, Readiness Assessments, Validation of Self-Assessments, and internal Quality Assurance and Improvement Program setups for over 25 of the Fortune 100. This includes one of largest QA engagements ever performed back in 2006 for the World’s Largest Retailer.

If you are interested in receiving an external Quality Assessment (QA), QA Readiness Assessment (RA) or Self-Assessment with Independent Validation (SAIV) proposal from Honkamp Krueger’s QA Team Leaders, please complete an inquiry form so we may develop a no-obligation proposal for you. Our proposal turnaround time is approximately 5 – 7 business days after receipt of all necessary information.

Should you have any questions about IIA’s quality Standards or our external QA process, please feel free to e-mail us at quality@honkamp.com.
 
 
Please check out our video on Honkamp Krueger's QAR Practice: