Internal Audit Quality Assessment Workshop

The Institute of internal Auditors Philippines, Inc.

The Institute of Internal Auditors (IIA) Philippines is a professional organization dedicated to the advancement of the internal audit profession in the country. Our members, who work in internal auditing, risk management, governance, internal control, information technology audit, education and security, came from various industry or sectors in the Philippines and belong to a global network of almost 200,000+ professionals from more than 170 countries and territories sharing a common vision of a global profession of internal auditing.

The Institute of Internal Auditors Philippines Inc. (IIAP) was registered with SEC in 1982 and formerly known as The Institute of Internal Auditors, Inc. – Manila Chapter. It was founded on August 14, 1948 by Mr. Santiago F. Dela Cruz Sr. along with a small group of accountants actively engaged in the profession. Mr. Dela Cruz, who is considered to be the moving spirit of the association, is the same man who, two years earlier than IIAP, co-established the Philippine College of Commerce and Business Administration (PCCBA) which we now know as the University of the East.

The IIAP despite some struggles during its formative years was able to attain full-fledged stature as a professional association upon earning its “Institute” status from The Institute of Internal Auditors (IIA Global) in 1990. At the time, IIAP is 1 of the 6 (six) chapters in the Pacific Region (others were in Bombay, Tokyo, Sydney, Melbourne and Ceylon). On its 75th Anniversary Celebration and Global Business Meeting last 16-17 July 2016 at New York Hilton Midtown, the IIAP was acknowledged as the 3rd Chapter organized by the IIA Global since the latter’s founding in 1941 still then headquartered in New York City, USA

Event Details

Focus & Features

An internal audit activity demonstrates its commitment to quality by meeting the expectations of its stakeholders while continuing to improve the effectiveness and efficiency of its operations. A successful quality assurance and improvement program (QAIP) is crucial to achieving this goal.

The required elements of a Quality Assurance and Improvement Program (QAIP) include periodic internal assessments and external assessments to demonstrate conformance with The IIA's International Standards for the Professional Practice of Internal Auditing. In addition, a quality QAIP can provide evidence to the audit committee and management that the internal audit activity is efficient, effective, and adding value.

This course is designed to help participants learn how to perform a periodic Internal Quality Assessment (IQA), following the methodology of an External Quality Assessment (EQA). The learning methodology combines lectures, facilitated discussions, and self-assessment activities. Following the quality assessment process flow model and the tools in the Quality Manual, participants can determine baseline current level of conformance, identify areas for improvement, and determine the corresponding action plans.

In summary, the course enables participants to: (a) gain a better understanding of the IPPF and its conformance requirements, (b) experience conducting an IQA, and (c) determine current level of conformance requirements and chart the action plans to prepare for an EQA.

What You Will Learn

Day 1 Unit 1 – QAIP Fundamentals and Periodic Assessment Process

Unit 2 – Planning the External Quality Assessment (EQA)

Day 2 Unit 3 – Performing the EQA: Internal Audit Governance

Unit 4 – Performing the EQA: Internal Audit Staff

Day 3 Unit 5 – Performing the EQA: Internal Audit Management

Unit 6 – Performing the EQA: Internal Audit Process

Day 4 Unit 7 – Evaluation & Reporting on the EQA

Unit 8 – Next Steps Action Plans

Number of CPE Units : 12

CANCELLATION POLICIES

1. Cancellations received less than 3days prior to the event will be charged a cancellation fee, which is 50% of the registration fee. Cancellation in zoom registration does not mean you are cancelling your registration in our seminar, please send us an official email.

2. No-show registrants will be charged 50% of the registration fee.

3. Substitutions are allowed on two conditions:

• The event/training should be the same.

• The membership status should also be the same, if the other participant is a non-member, he/she must pay the difference.

Speakers

Edna De Leon, CPA, CIA, CISA

Consultant at Rustans Commercial Corporation

Edna may be aptly called a career auditor, having spent her professional life in the field of auditing, in both external and internal audit practice. Her career, spanning more than 4 decades, includes external audit work with Sycip, Gorres, Velayo & Company (SGV), management of Internal Audit Services for companies within the Rustan Group of Companies (RGOC), and 25 years of Audit Committee work with a Unibank.
After a brief stint as SVP-Internal Audit Office with a government financial institution, Edna has returned to Rustan Commercial Corporation as Consultant for Internal Audit, Loss Prevention, and Data Privacy. Relative to this new position as Data Protection Officer, she obtained credentials from TUV Rheinland such as Certified Data Protection Officer (2018) and Certified Data Privacy Protection Auditor (2019), and the National Privacy Commission’s Data Protection Officer ACE Level 1 (2019).
Edna has been an officer and a member of the Board of Directors of the Institute of Internal Auditors, Philippines (IIAP) since 2000, taking the helm as President in 2004. She continues to be a resource for IIAP as facilitator in its Public and In-House Seminars. Her specialization is in Quality Assurance Review (QAR) of Internal Audit, as both a Trainor and a Team Leader for External Quality Assurance Review engagements of the IIAP.

Member

Member Price₱4,980

Non-member

Public Price₱5,980