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

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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National Flood Insurance Program Extension

As I watched the pounding rain from my window for the third straight day, I could only imagine the damage this unpredictable spring weather was inflicting

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Continued Compliance with CAISO SQMD Requirements in Non-Reporting Years

Is your utility company ensuring continued compliance with the CAISO SQMD requirements during non-reporting years? With the California Independent System

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Bill S. 1564 Calls for Delay of CECL Implementation Until a Quantitative Economic Impact Study is Completed

The Financial Accounting Standards Board (FASB) issued a new expected credit loss accounting standard in June 2016. This new standard introduces the current

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Artificial Intelligence in Higher Education

Before you finish typing a key word in the search bar, it may appear as if your thoughts have been predicted. Artificial intelligence (AI) and machine

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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