IACOP Quality Assessment Guide

This is a quality assessment App for the public sector internal audit function. The App covers a wide range of quality criteria. The assessment applies a review methodology and depending on findings it scores an institution’s internal audit unit. The App is a useful tool that assists users to monitor the progress that is being made and bring to the forefront areas that need to be improved in order to enhance the internal audit activity.

https://www.pempal.org/knowledge-product/quality-assesment-quide-public-sector-internal-audit

This application is a product of knowledge sharing and collaboration among members of the Internal Audit Community of Practice (IACOP), of the Public Expenditure Management Peer-Assisted Learning (PEMPAL) network.
The PEMPAL network, launched in 2006 with the assistance of the World Bank, is a regional body that aims to support reforms in public expenditure and financial management. The IACOP has representatives from 23 countries of the Europe and Central Asia region.
This application demonstrates the commitment of the IACOP to improving PFM in its member countries. A dedicated working group was established to identify good practice quality assurance arrangements for the public sector internal audit activity and to develop this application. This product resulted from an extensive collaborative process, which included participation of practitioners and policymakers in member countries.
Within this App, criteria have been developed to assess the current state of maturity of the internal audit function and compliance with the principles established in the International Standards for the Professional Practice of Internal Auditing (ISPPIA). The criteria are divided into two groups: key assessment criteria and secondary assessment criteria. The conformity with a key criterion is assessed by four different scores: green, yellow, orange, or red. The conformity with a secondary assessment criterion can be assessed by two scores: green or red. The colored scores represent the following assessment:
green: overall compliance with the criterion;
yellow: good compliance with the criterion, but improvement is needed in certain areas;
orange: serious non-compliance in some areas that require critical improvements;
red: overall non-compliance with the criterion.
At the level of a single ISPPIA the colors have the same meaning. Those are about the standard itself, and not the criterion. At the overall level the colors represent compliance with the entire set of ISPPIAs.

ACKNOWLEDGEMENTS
This App was built based on the IACOP Quality Assessment Guide. The Guide exists due to the combined efforts of a number of individuals who participated in the IACOP Quality Assurance

Working Group.
Specifically, the IACOP would like to recognize the following key contributors:

Amela Muftic, Bosnia and Herzegovina, Co-leader of the Quality Assurance Working Group

Arman Vatyan, World Bank, Lead of the IACOP
Jean-Pierre Garitte, World Bank, Consultant
Ljerka Crnkovic, Croatia, Vice-Chair of the IACOP and Leader of the Quality Assurance Working Group
Maksym Tymokhin, Ukraine, Co-leader of the Quality Assurance Working Group
Nini Eliashvili, Georgia, Co-leader of the Quality Assurance Working Group
Svilena Simeonova, Bulgaria, Co-leader of the Quality Assurance Working Group

Copyright © 2016 PEMPAL IACOP

All rights reserved. No part of this App may be reproduced, transmitted, or distributed in any form without prior written permission from PEMPAL IACOP, except for noncommercial uses permitted by copyright law. Any modification to the criteria used in this publication requires a citation to the effect that this App was used and that the criteria herein were modified. Contact iacop@pempal.org.