How does the IIA determine if the internal audit function passes the external QA?

Modified on Wed, Sep 18 at 11:02 AM

The criteria is described in The IIA's Quality Assessment ManualTo summarize, it is a matter of determining conformity to each of the standards individually and then rolling those determinations into an overall conclusion. Due to the fact that it is a conclusion, the lack of general conformity to a particular standard would not necessarily result in an overall "partially conforms" opinion or the reverse.

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