The quality of the internal audit department can be assessed by considering the following:
- By reviewing internal audit reports to see whether management acts on the recommendations by internal audit;
- By ascertaining whether the department is staffed by competent people with the required technical training;
- By drawing from prior year‘s experience on the level of reliance placed on internal auditors work.
- Whether internal audit work is properly planned and reviewed.
- The auditor should also evaluate the scope of the function and the extent of work carried out by internal audit.
Share through