Quality Assurance Review

Compliance with The IIA Standards

  • External Assessment QAR
  • Self-Assessment with Independent Validation

Quality assessments assist in determining whether activities performed within internal audit functions conform to The Institute of Internal Auditors (The IIA) International Standards for the Professional Practice of Internal Auditing and the organizations charter, plans, policies, and procedures. An assessment evaluates the role and relationships of the internal audit function in the governance process and in managing the internal auditing practice and resources.

Schneider Downs conducts quality assurance reviews based on your policies, COSO guidelines, The IIAs International Standards for the Professional Practice of Internal Auditing, and The IIAs Professional Practices Framework. Using a four-step process, we validate whether your methodology is compliant, and if results are reliable and applicable to your organization.

case studies

 
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

Top Risks to Keep On Your Radar for 2020

We live in a disruptive world where the risks companies face are constantly evolving. Risks not on your radar today could easily be brought to light within

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SOC 2 Examinations - Keys to Success

“What do you need for a SOC 2 Audit?” Prior to starting a SOC 2 examination, clients often ask us what they can do to ensure an efficient audit

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Crypto-Secured Lending

An exciting advancement in the cryptocurrency industry will allow consumers to leverage their crypto holdings as collateral for formal currency loans.

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The Wolf, the Goat and the Kid: An Unexpected Tale of Invoice Redirection Fraud

In the 1668 La Fontaine fable "The Wolf, the Goat, and the Kid", a mother goat leaves home in search of food, warning her daughter about the

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The Privacy of Consumer Banking Data and the Financial Data Exchange

As cyber threats and global regulations continue to intensify, the privacy and protection of consumer banking data remains a high priority of the financial

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contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102