Consultancy
IIA Kenya offer consultancy in External Quality Assessments (EQA) and in Enterprise Risk management (ERM) to both public and private entities across the world.
i). External Quality Assessments (EQA)
Carrying out an External Quality Assessment (EQA) for an internal audit function isn’t just a compliance exercise—it’s one of the few ways to prove that your audit function is credible, effective, and aligned with global standards.
The Institute of Internal Auditors requires that every internal audit function undergo an External Quality Assessment at least once every five years under the International Professional Practices Framework (IPPF). Under the Public Finance Management Regulations Kenya, an Internal audit units must undergo a professional External Assessment at least once every 3–5 years
Benefit of EQA to an organisation.
- EQA assesses compliance with the International Professional Practices Framework (IPPF) and alignment with globally accepted audit standards.
- Strengthens governance and board confidence and Strengthens oversight Enhances decision-making at board level.
- Improves internal audit effectiveness to aligned to organizational objectives.
- Enhances organizational risk management.
- Enhances staff capacity and professionalism by identifying Training needs.
ii). Enterprise Risk management (ERM)
Enterprise Risk Management (ERM) strengthens how organizations identify, assess, manage, and monitor risks in a structured and proactive way instead of reacting after problems.
IIA Kenya offer consultancy in ERM.
- Training and capacity building in ERM for internal Audit team.
- IIA Kenya directly supports organizations by offering ERM consultancy services, including Designing or improving ERM frameworks.
- Linking ERM with internal audit, Internal audit provides independent assurance on risk processes and Evaluate whether ERM is working effectively
IIA Kenya is ready to partner with your organisation in offering the services. We being affiliated with IIA global, IIA Kenya has strong emphasis on professional development and credibility.
iii). Quality Assurance and Improvement Programs (QAIPs)
IIA Kenya help in Quality Assurance and Improvement Program.
Quality Assurance (QA)-This ensures that the processes of an audit unit function are well designed and are followed correctly
Quality Improvement (QI)-involves identifying the problem and making the process better.
iv). GRC (Governance, Risk, and Compliance) Advisory
We support internal audit function to be accountable, transparency and implement well oversight role. IIA Kenya support organisation in development of Internal audit charters and Board Internal Audit committee charters.
At IIA Kenya we focus on internal Audit, Governance, and Risk not just general consultancy.
You can directly reach us for any clarification by writing us an email through.
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