Internal Audit Quality Assurance Checklist

Quality Checklist

This checklist is designed and facilitated by [Your Name] to evaluate the effectiveness and efficiency of Internal Audits conducted at [Your Company Name]. It assists in identifying areas of excellence and areas that need improvement in the auditing process.

We aim to ensure the highest level of quality in our audits. Please tick the checkboxes once the tasks have been undertaken.

Planning and Preparation
Define the scope of the audit. Identify key risks and controls to be tested. Prepare an audit plan and schedule. Secure necessary resources and documentation. Communicate with relevant stakeholders about the audit.

Execution
Conduct audit tests according to the plan. Document findings, evidence, and recommendations. Conduct meetings regularly with auditees to discuss findings and issues. Stay updated with changes in policies, regulations, and procedures. Ensure adherence to professional standards and ethics.

Post-Audit Activities
Compile and present the audit report. Discuss the audit findings and recommendations with the management. Follow up on the implementation of agreed-upon actions. Evaluate the effectiveness of the audit. Update audit procedures and policies based on lessons learned.

Do not forget to keep all the relevant documents and communications for future reference and consistency. Ensure transparency and stakeholder involvement at all stages of the audit process. Remain impartial and objective throughout, to maintain the credibility of the audit process.

Internal Audit Quality Assurance Checklist

Quality Checklist

Planning and Preparation

Execution

Post-Audit Activities