Contact a Specialist
Services
SOC & Attestations
Payment Card Assessments
ISO Certifications
Privacy Assessments
Federal Assessments
Healthcare Assessments
Penetration Testing
Cybersecurity Assessments
Crypto and Digital Trust
Schellman Training
Build Your Compliance Roadmap
Industry Solutions
Cloud Computing & Data Centers Meet a broad range of regulatory and industry compliance mandates for your customers
Financial Services & Fintech Cybersecurity assessments for both the banking industry and the financial service providers
Healthcare Reporting to manage risk and adhere to applicable laws and regulations
Payment Card Processing Validate compliance with the various forms of the PCI DSS
US Government Achieve authorization to work for federal agencies, DoD, and the associated contractor base
View All Industry Solutions
Learning Center
Articles
Whitepapers
Case Studies
Events & Live Webinars
On-Demand Webinars
Visit the Learning Center
Our Process
About Us
Leadership Team
Careers
Corporate Social Responsibility
Visit About Us
Services
Services
View All Services
SOC & Attestations
SOC & Attestations
Payment Card Assessments
Payment Card Assessments
ISO Certifications
ISO Certifications
Privacy Assessments
Privacy Assessments
Federal Assessments
Federal Assessments
Healthcare Assessments
Healthcare Assessments
Penetration Testing
Penetration Testing
Cybersecurity Assessments
Cybersecurity Assessments
Crypto and Digital Trust
Crypto and Digital Trust
Schellman Training
Schellman Training
Industry Solutions
Industry Solutions
View All Industry Solutions
Cloud Computing & Data Centers
Cloud Computing & Data Centers
Financial Services & Fintech
Financial Services & Fintech
Healthcare
Healthcare
Payment Card Processing
Payment Card Processing
US Government
US Government
Learning Center
Learning Center
Visit the Learning Center
Articles
Articles
Whitepapers
Whitepapers
Case Studies
Case Studies
Events & Live Webinars
Events & Live Webinars
On-Demand Webinars
On-Demand Webinars
Our Process
About Us
About Us
About Schellman
Leadership Team
Leadership Team
Careers
Careers
Corporate Social Responsibility
Corporate Social Responsibility
Contact a Specialist

The Schellman Blog

Stay up to date with the latest compliance news from the Schellman blog.

Blog Feature

QAR | Assurance / Service Audits | audit readiness

What to Know About Quality Assessment Reviews

By: Schellman
May 1st, 2014

Effective January 1, 2002, the Institute of Internal Auditors (IIA) released updated standards in the International Professional Practices Framework (IPPF). Internal auditing departments, according to Standard 1312 of the IPPF, must complete an external assessment once every five years from a qualified independent assessor or assessment team. In addition, the chief audit executive (CAE) must discuss the form and frequency of external assessments and the qualifications and independence of the external assessor or assessment team with the board of directors. Standards (unlike practice advisories, practice guides and position papers) are principal focused mandatory requirements consisting of statements for the professional practice of internal auditing and for evaluating the effectiveness of performance which are applicable at the organizational and individual levels.

Read More

All posts

Schellman

4010 W Boy Scout Boulevard, Suite 600
Tampa, FL 33607

U.S. 1.866.254.0000

Outside the U.S. 1.813.288.8833

Services
Industries
Resources
Company

© SchellmanPrivacy PolicyTerms

“Schellman” is the brand name under which Schellman & Company, LLC and Schellman Compliance, LLC provide professional services. Schellman & Company, LLC and Schellman Compliance, LLC practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Schellman & Company, LLC is a licensed certified public accounting firm (Florida license number AD62941) registered with the Public Company Accounting Oversight Board (PCAOB) that provides attest services to its clients, and Schellman Compliance, LLC provides nonattest cybersecurity and compliance professional services to its clients. Schellman Compliance, LLC is not a licensed CPA firm. Schellman & Company, LLC and Schellman Compliance, LLC are independently owned and are not liable for the services provided by any other entity providing services under the Schellman brand. Our use of the terms “our firm” and “we” and “us” and terms of similar import, denote the alternative practice structure conducted by Schellman & Company, LLC and Schellman Compliance, LLC.