AVAKA Financial Services
South AfricaFunction quality

Internal audit quality assessmentTurn quality requirements into visible evidence of a stronger function.

We examine governance, methodology, engagement files, supervision, reporting and performance evidence to identify where the function conforms and where practical improvement is required.

Discuss this serviceReview the scope
South African business environment representing internal audit quality assessment

Standalone service

Internal audit quality assessment

A focused assessment of conformance, performance and improvement priorities for internal audit.

Questions this service answers

A precise scope starts with the right question.

  1. 01

    Does the function demonstrate conformance in practice rather than only in methodology?

  2. 02

    Where do engagement files reveal recurring quality weaknesses?

  3. 03

    Which improvements will most strengthen credibility with the audit committee?

Defined outputs

Evidence designed for action.

Final coverage follows the agreed target, authority, materiality and evidence available. These are the core outputs around which the engagement is built.

  • 01

    Conformance and maturity assessment

  • 02

    Engagement-file quality review

  • 03

    Prioritised improvement roadmap

  • 04

    Committee-ready quality assessment report

Delivery discipline

A method that protects the conclusion.

  1. 01

    Frame

    Set the mandate

    Confirm scope, stakeholders, materiality and the decisions the work must support.

  2. 02

    Map

    Trace risk to control

    Connect objectives, risks, controls, evidence sources and accountable owners.

  3. 03

    Test

    Challenge the evidence

    Use proportionate sampling, analytics and interviews to test design and operation.

  4. 04

    Land

    Make action unavoidable

    Report root causes, prioritise exposure and agree realistic remediation ownership.

Reference points

Criteria agreed before testing begins.

  • Global Internal Audit Standards
  • King V governance principles
  • PFMA and MFMA context where applicable

Applicability and final criteria are confirmed during engagement scoping.

Also in Internal audit

Related services

01.04Targeted control reviewA defined review of a high-risk process, programme, project or performance information chain.01.05Internal audit function designCharters, governance, audit-universe design and strategic planning for a credible internal audit function.01.06Performance and compliance auditIndependent testing of performance information, compliance obligations and the controls supporting reported results.

Start with the target

Define what this internal audit quality assessment needs to prove.

Request a scoping call