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Internal Audit Quality Assessors program for Audit Managers

INTERNAL AUDIT QUALITY ASSESSORS’ PROGRAM FOR INTERNAL MANAGERS

DATE: Wednesday, 2nd - Friday, 4th June 2021
VENUE: Sopa Lodges, Naivasha

OVERVIEW: QAIP
The Government of Kenya through Gazette Notice No 5440 of 8 July 2014 adopted the
International Professional Practice Framework (IPPF) for Internal Auditing Standards by IIA. This requires all internal audit functions in state organs and public sector entities to adhere to IPPF.

Internal Audit Guidelines for National Government Entities provide that compliance can only be ascertained through a Quality Assessment Review and where none has been conducted then there is no basis for confirming compliance. The private sector is also required by the Institute of Internal Auditors to adopt IPPF for Internal Auditing Standards and therefore expected to comply by the standards by undertaking Quality Assessment Review. Internal Auditing Standard 1300, requires the head of Internal Audit to develop and maintain a quality assurance and improvement programme that includes internal and external assessments.

Internal assessments involve on-going monitoring of the performance of the internal audit
activity and periodic self-assessment by persons within the organization with sufficient
knowledge of internal audit practices. External assessments on the other hand are to be
conducted by a qualified, independent assessor/s from outside the organization at least once every 5 years. The Regulations and the Internal Audit Guidelines provide for the external quality assessment to be undertaken at least once every 3 years but not later than 5 years by a professionally recognized body or institution.

Internal Quality Assessment as an enabler: The quality assessments enable the organization to:

i) assess the effectiveness of the internal audit function in providing assurance and
consulting services to the Board, Management and other interested parties;

ii) assess
conformance to the Internal Auditing Standards; and

iii) identify opportunities to offer
recommendations for improvement on the performance, image and credibility of the internal audit function.

The course is for all heads of internal audit and internal audit managers in public and private sector entities who have at least 3 years’ experience in internal audit. Those attending should ensure payments are made prior to the event so as to access online material 2 weeks before the date of the workshop.

The course is examinable and for one to be certified he/she has to get 80% pass. The exams will be done on the last day of the workshop.

Charges: 80,000/= + 16% VAT

Event Properties

Event Date 02-06-2021
Event End Date 04-06-2021
Individual Price Members Ksh 80,000, Non-Members Ksh 80,000
Location Sopa Lodges
Registration for this event is closed

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