Resources and lack of IT capabilities create big barriers to getting QAR done for some.
By Joseph McCafferty
March 9, 2016
No one doubts the value of conducting a Quality Assurance Review (QAR) to gauge how well the internal audit program is meeting its goals.
In fact, a QAR is part of the requirements to meet to The Institute of Internal Auditors professional standards. In accordance with The IIA's standards, "The chief audit executive must develop and maintain a quality assurance and improvement program (QAIP) that covers all aspects of the internal audit activity." (The QAIP requirement is known as Standard 1300.)