I need at least 3 pages minimum - QAR AUDIT PROGRAM HINTS
A QAR OR QUIP IS AN AUDIT OF INTERNAL...

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I need at least 3 pages minimum -  QAR AUDIT PROGRAM HINTS
A QAR OR QUIP IS AN AUDIT OF INTERNAL AUDIT, NOT OF SOME OTHER AREA OF THE ORGANIZATION (e.
	
Document Preview: QAR AUDIT PROGRAM HINTSA QAR OR QUIP IS AN AUDIT OF INTERNAL AUDIT, NOT OF SOME OTHER AREA OF THE ORGANIZATION (e.g. accounts payable, inventory etc.)GENERAL:Procedures should be selected from the seven evidence gathering procedures (evidence sheet : observation, analytical procedure, confirmation, scanning, document examination, recalculation, verbal inquiry)Ensure or make sure is something that mgt. should do, internal audit assesses, in this case, they are assessing themselvesDetermine starts an objective statement, not a procedureReread what you write aloud, if you don’t know what you said or if it sounds funny, editAfter writing a procedure, do you know exactly what to do (ask a classmate to edit)In many instances in the past, the procedures were so general, that no one would know where to start – students were mark down for thisImagine giving instructions to small children, teaching the rules of soccer or baseball for the first timeDo not focus on internal controls that have nothing to do with QARsDEVELOP AN AUDIT PROGRAM – LIST OF AUDITOBJECTIVES AND CORRESPONDING AUDIT PROCEDURESTHAT WOULD BE USED TO PERFORM A QAR.QAR – QUALITY ASSURANCE REVIEW (INTERNAL AUDIT REVIEWING ITSELF)Research on web, IIA, and Protiviti.  If you find this material exactly, do not copy, think of your own or you will not get creditEach student will have a minimum of 3 full pages to submit – group will submit togetherUse the format discussed in classSet timetablesEach objective will have one or more (usually more) procedures (evidence gathering procedures).  Objectives are reasons why the auditor is to perform the procedure.  Procedures are how the evidence is to be gathered (these must be very specific and contain action verbs– not look at some stuff or check some stuff).Ask questionsHint:Probably will not use analytical procedures or observation in QARs.  Observation in that you would not watch your internal audit colleagues do their jobs.  Also, you...

David · Accepted Answer

Quality Assurance Review 
Quality Assurance Review is a strategic assessment of an internal audit function including its 
infrastructure, staff experience and performance in relation to goals of business, best business 
practices and applicable standards. The approach to Quality Assurance Review is flexible and it 
can be customized to meet the specific concern of an organization. In Quality Assurance Review, 
it is ascertained whether the department is 
 Performing an effective role in the overall control environment of organization. 
 Focusing the right people on right issues. 
 Appropriately risk oriented. 
 Using technology effectively. 
 Providing value-added results. 
 Adhering to adequate internal audit standards and industry practices. 
Quality Assurance is the method that gives independent assurance about the working of quality 
control systems and practices. Thus, Quality Assurance is the methodology of comparing what is 
needed of a system and what is actually being provided. It ensures that required quality controls 
are in place and they are properly implemented. In this different ways of strengthening or 
improving the quality controls are identified 
Audit Program for Quality Assurance Review 
Area selected for Audit:  
Working for internal audit department 
Objective behind this selection:

I need at least 3 pages minimum - QAR AUDIT PROGRAM HINTS A QAR OR QUIP IS AN AUDIT OF INTERNAL AUDIT, NOT OF SOME OTHER AREA OF THE ORGANIZATION (e. Document Preview: QAR AUDIT PROGRAM HINTS A QAR OR...

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