Quality

Assurance

1st Sem, 2023-2024

Ms. Mariefe D. Jamon
 Quality
Degree to which inherent
characteristics of an audit fulfils
requirements.

 Significance  Clarity
 Reliability  Efficiency
 Effectiveness
 Objectivity
 Relevance
 Timeliness

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Quality Control
Systems and practices
designed to ensure
appropriate report.

Making sure of keeping

with the applicable
standards, rules, practice
and procedures.
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Quality Assurance
Provides assurance that quality
control and practices are working
effectively.

Help ensure that audit products and

service meet the required standard.

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QUALI
TYLet’s dive in
Types of QA Reviews
Internal Review External Review
 Periodic reviews carried out to meet the  Done by external parties.
ongoing monitoring requirements or other
- PASAI Region
quality control frameworks.
-Private Auditing Firm
-Management Consulting Firm
 Can be conducted by established quality
-Academic Expert
assurance unit or through peer review
mechanism involving different divisions. -Regulatory Body

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 BENEFITS OF CONDUCTING QARs

Assess its efficiency Evaluate its current Appraise the risk if Plan and implement
and effectiveness needs in the staff are strategies for
conjunction with performing below upgrading policies
future goals satisfactory levels and procedures and
or not in conformity knowledge and
to the professional skills for staff.
standards.

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 SCOPE AND APPROACH
For QARs
Assessing the controls
in place and
determining whether
they are being
followed and whether
they are consistent
with the relevant
standards.
Institutional Level QARs

 Assess whether  Not specifically  Provide useful

focused on any
the institution specific type of input for
has an adequate audit. It affects all developing, or
quality types of audits and
updating, the
management services that an
system.
institution is strategic plan.
expected to deliver
as per the mandate.

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Individual Audit Level QARS
Assess the extent compliance of
Audit Team with the approved
audit methodology for the given
type of unit.
May help draw conclusions on the
extent to which the institutions
approved methodology aligned
with internal good practice.
May be conducted before the issue
of the audit report or after.
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HOT REVIEW
Aims to ensure compliance with relevant
auditing standards and achieving
engagement activities.
COLD REVIEW
Check whether the institutions quality
control can be followed and how it can be
improved in the future audits.
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Conclusion
Thanks to your commitment and
strong work ethic, we know next year
will be even better than the last.
We look forward to working together.

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