Auditors 25456
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Job Location:
Albany, GA - USA
Hourly Salary:
$ 35 - 35
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Job Description
1. Perform a Gap Assessment
2. Perform External Quality Assessment Review
Gap Assessment
The principal objectives of the gap assessment are to:
- Provide an analysis of whether OTDAs Internal Audit function conforms to The IIAs International Professional Practices Framework (IPPF) and the IIAs Code of Ethics highlighting any gaps.
- Review the implementation of the Standards including the existence of a quality assurance process and identify areas where enhancements are needed to prepare for the formal QAR.
- Assess the efficiency and effectiveness of the Internal Audit function based on the Internal Audit Charter expectations of senior management the CAE and relevant stakeholders in providing assurance and advisory services.
- Identify opportunities and offer recommendations for improvement to enhance readiness for the formal QAR including counsel to the CAE on improving performance services value addition and the credibility of Internal Audit.
To accomplish the objectives the independent assessment team should include the following:
- Review the Internal Audit Charter and the Internal Audit Policy and Procedure Manual for compliance with the Standards and the IIAs Code of Ethics and recommend changes where gaps exist.
- Review the Internal Audit Charter and the Internal Audit Policy and Procedure Manual for compliance with the Standards and the IIAs Code of Ethics and recommend changes where gaps exist.
- Review a sample of audit and consulting projects and their associated work papers and reports as requested by the team to identify gaps and offer ideas for improvement.
- Conduct interviews with selected key stakeholders for Internal Audit including senior management external auditors the CAE and Internal Audit staff.
- Review survey data received from OTDA management and key stakeholders.
- Review any benchmark data relevant to similar internal audit functions.
- Prepare any diagnostic tools consistent with the methodology established within the IIAs Quality Assessment Manual for the Internal Audit Activity focused on gap identification.
External Quality Assessment Activities
The external quality assessment should include a comprehensive review of the adequacy of the internal audit functions:
- Conformance with the current Institute of Internal Auditors (IIA) Global Internal Audit Standards.
- Mandate charter strategy methodologies processes risk assessment and internal audit plan.
- Compliance with applicable laws and/or regulations.
- Performance criteria and measures as well as assessment results.
- Competencies and due professional care including the sufficient use of tools and techniques and focus on continual development.
- Qualifications and competencies including those of the chief audit executive role as defined by the organizations job description and hiring profile.
- Integration into the organizations governance processes including the relationships among those involved in positioning the internal audit function to operate independently.
- Contribution to the organizations governance risk management and control processes.
- Contribution to the improvement of the organizations operations and ability to attain its objectives.
- Ability to meet expectations articulated by the board senior management and stakeholders.
Required Minimum Qualifications for both Gap Assessment and QAR Services:
- At least one member of the external assessment team must be a certified audit professional (CIA CPA CISA etc.) preferably CIA with current in-depth knowledge of the Standards and has completed Quality Assurance Training.
- Experience with and knowledge of the Standards and leading internal audit practices.
- Have at least five years of recent experience in the practice of leading an audit engagement.
- Attestation by assessment team members that they have no conflicts of interest in fact or appearance.
Preferred Minimum Qualifications
- Experience as a chief audit executive or comparable senior level of internal audit management.
- Experience in the organizations industry or sector.
- Previous experience performing external quality assessments.
- Completion of external quality assessment training recognized by The Institute of Internal Auditors.
Required Experience:
IC
About Company
Who We Are & What We Do Established in 2005, Knowledge Builders Inc. (KBI) provides Information Technology Consulting, Administrative and Health Care Staffing solutions, Payrolling and Call Center services to companies and governmental entities of all sizes. KBI is a Woman-Owned Bus ... View more
