To achieve conformance with the Standards, the chief audit executive must include which of the following activities in the quality assurance and improvement program (QAIP)?
A.
Require board oversight of the QAIP.
B.
Assess Standards conformance for each individual engagement.
C.
Conduct a self assessment at least once every five years.
D.
Report the results of the QAIP to senior management
To achieve conformance with the Standards, the chief audit executive must include the activity of reporting the results of the quality assurance and improvement program (QAIP) to senior management and the board. This is essential for maintaining transparency and accountability in the internal audit activity’s efforts to uphold and enhance the quality of its operations.
IIA Standard 1300: Quality Assurance and Improvement Program.
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