IIA Quality & Performance Review
– catalysts for quality and performance by means of international standards –
Within this module, ARC conducts and quality and performance review for its clients according to standards set by the auditing field’s global professional association, the Institute for Internal Auditors (IIA) or the respective adjunct national requirements of the IIA Austria, the German Institute for Internal Auditing (Deutsches Institut für Interne Revision = DIIR) and the Institute of Internal Auditing Switzerland = IIAS / Schweizerischer Verband für Interne Revision = SVIR). The performance of a quality assessment according to IIA Standard 1312 at least every five years has been demanded by the IIA and national audit-profession associations. Besides the fulfillment of these demands, the performance of clients’ audits aus well as the relevant processes are the priority among ARC’s concerns.
Over the course of a quality assurance review, ARC’s methodic procedure is oriented on the IIA’s best practices as well as specifications made by national audit associations. The ARC performance review provides clients with strategic impulses and references for furthering the advancement of one’s internal audit operations.
ARC structures the results in a modular fashion in a 10-segment package. This approach, which already has been conducted for a number of companies in various branches of business, is subdivided into the following components:
- Functional orientation of the audit
- Audit-services portfolio
- Audit techniques
- Cooperation with other parties
- Quality management
- IT equipment
- Staff development
- Organizational structure
In addition to a quality certification, course participants also receive a documented analysis of strengths and weaknesses that provides detailed development roadmaps for achieving enhanced performance. In order to facilitate the effective and efficient launch of a client’s audit operations, ARC gladly provides support regarding implementation as well.
- Joint definition of the quality assessment’s scope
- Coordination of the chronological sequence of individual milestones and contacts
- Inspection of documents and selection of interview partners for audit-client feedback
- Analysis and evaluation of current status
- Expansion of the general quality-assurance review by means of the 10 performance modules
- Analysis of strengths and weaknesses within a peer-review comparison
- Examples in the form of best-in-class procedures
- Detailed approaches for the further development of clients’ own audit operations
- Support in the implementation of various strategy initiatives
About the ARC Institute
With the Audit Research Center, the ARC Institute provides important impulses for the further development of the audit industry. The focus is on networking science and practice. The focus is on further and new development in cooperation with auditors, companies and associations in order to maintain practical relevance and to develop methods, tools and concepts that can be implemented. The results developed in dialogue with industry experts serve as a guideline and adaptation options in practice today, in order to increase the overall benefit of the company in the long term and sustainably with innovative auditing work.
In the spirit of thought leadership, the ARC Institute and the Audit Research Center stand for topic leadership and forward thinking in the area of internal auditing.
Currently, the ARC Institute supports not only leading supranational institutions in the context of research, consulting and personnel development projects, but also numerous listed companies in the three German-speaking countries of Germany, Austria and Switzerland.
Each open training day is 890,- Euro plus VAT when booking the modules individually. Inhouse training conditions are based on individual pricing and travel expenses. After receipt of your registration you will receive a confirmation of registration with invoice. Please pay the registration fee directly after receiving the invoice. The registration fee does not include 19 % VAT. The price includes participation in the lectures of the booked event, lunch, coffee breaks and seminar documents.
Employees and managerial staff from the internal audit function
Interactive presentation, discussion, group projects, practical exercises, case studies, retrospective summary
Training / Training / Consulting period:
Bookings are based on an audit-situation analysis as well as a personal preliminary meeting (workshops generally cover 2 days of instruction, audit performance/support determined by circumstances).
Would you like more details about ARC’s Audit Training & Consulting Services, or do you wish to book an appointment with its team? Please address your e-mail inquiry to Info@ARC-Institute.com or phone us at +49-2159-6945-904