Lessons Learned from External Quality Assessments 2019/2020 - Power BI

Continuous evaluation and improvement of the service provision is a key feature of professional organisations. Such reflection and development strongly contribute to the confidence in and added value of the services. This also holds true for internal audit functions (IAFs). The professional standards of the Institute of Internal Auditors (IIA) therefore include a mandatory programme for quality assurance and improvement. This includes an external, independent quality assessment, which must take place at least once every five years.

This report describes the results of the analysis of the external quality assessments performed in 2019 and 2020. A similar analysis was previously performed in 2018.

The report has been published in PDF and PowerBI. This PowerBI offers the possibility to make selections per Standard, at main and detail level, and according to the size of the IAF. This makes it even better to look at which points of interest may be of value to the reader.

With this report, the IIA provides IAFs with tools for the next step in their quality improvement. In addition, this report is a tool for IAFs in preparing for an external quality assessment.