This audit report sample presents the results of an internal audit department evaluation to the audit committee, particularly following the quality assessment review process. It can be used internally, as a means of self-assessing the department's practices and status against proven best practices; as part of a standalone internal quality assessment review or in anticipation of an external review; as a framework for conducting external "peer reviews" or other quality assurance reviews; or as a way to present final review results in a summary format.
The object of the review was to position the internal audit function as a respected, high-value/low-cost contributor to the overall business success of the company by helping the company use resources efficiently and effectively, continuously improve its business processes, establish a strong business controls culture, and ensure compliance with applicable laws and regulations.
The results are directly associated with testing criteria used in the related Internal Audit Qualitative Diagnostic Questionnaire
. The presentation is easy to view, understand and modify to fit your organization’s needs.