Quality Assurance in Internal Audit
The rapidly changing risk landscape has increased the needs of internal audit’s stakeholders. Internal auditors can keep pace by developing new skills, improving relationships and adopting new technologies to better meet the increased expectations. A common challenge in the pursuit of these opportunities is determining the gold standard for an internal audit activity. Nicodemus Tan, Partner, Governance and Risk from Baker Tilly and Governor of IIA Singapore conducted a webinar, “Quality Assurance in Internal Audit” on 22 April 2021 which saw the participation of close to 300 attendees from Singapore, Brunei, Hong Kong, India, New Zealand, Philippines, Sri Lanka, Taiwan and Thailand. In this webinar, Nicodemus shared about the Quality Assurance and Improvement Program (QAIP) framework and tips on how to perform a self-assessment and get ready for the QAIP.
