I.7 Reliance on Other Assurance Providers

1. As needed, Internal audit plans may leverage the work of other internal and external assurance providers to minimize duplication of work, provide enhanced coverage, and allocate internal audit resources to other risk areas. Internal audit utilizes The IIA’s IPPF Practice Guide Reliance by Internal Audit on Other Assurance Providers.

2. Other assurance providers are defined as but not limited to the following:

   Internal: Legal Services, Human Ressources, Occupational Health and Safety committee and other conducting internal reviews or audits of the Office’s operations.

   External: External accounting firms conducting audits on the Office’s Financial Statements

3. The following principles will be evaluated by the CAE when evaluating whether to rely upon internal or external assurance providers and the extent of reliance:

   1. Purpose

   2. Independence and objectivity

   3. Competence

   4. Elements of practice

   5. Communication of results and remediation

4. All work contracted by internal audit to outside service providers will be carried out in conformance with The IIA Standards and will be subject to all aspects of the QAIP, including the ongoing quality assurance steps above.

Last modified:

2018-03-08