Rethinking QAIP: Can Internal Audit Prove Its Quality on Any Given Day? | Assurance Without Limits

Most internal audit functions rebuild their quality evidence when an external assessment approaches. Boards now need to know whether internal audit is reliable today, not five years ago. Four practitioners discuss what changes when quality and conformance can be evidenced continuously. They are a former IIA Standards Board member, a former CAE advising on AI assurance, a head of internal audit and an audit committee chair. Covered: → What a five-yearly EQA does and doesn't tell an audit committee → Domain III: why the audit committee is now the customer of the QAIP → Conformance + performance = quality, and why confidence is what boards buy → Whether assurance can keep pace with AI-driven decisions → Integrated assurance without giving up independence → What a chair should do when the evidence and their instinct disagree → Why a green quality dashboard can produce comfort rather than assurance Panel: Liz Sandwith — Chief audit executive and risk leader; former IIA Standards Board member Tom McLeod — Former CAE; advises boards on assurance for AI-enabled organisations Siebrand Wolbers — Head of Internal Audit, SoftwareOne Pete Williams — Audit committee chair; Interim Director of Risk and Assurance, Platform Housing Group Moderated by David Hill — former Chief Executive, SWAP Internal Audit Services SustainGRC · Governance Intelligence Infrastructure Governance that holds up. Chapters. These assume the edit starts at Simon's welcome (4:45 in the raw recording). Shift them if the cut differs. 0:00 Welcome and why now 2:45 Meet the panel 5:40 If quality could be evidenced on any given day 12:20 What the five-year cycle actually tells you 23:00 Can assurance keep pace with AI? 28:05 Integrated assurance: no gaps, no duplication 33:45 When evidence and instinct disagree 38:40 What boards should want from QAIP reporting 46:20 One version of the truth 51:10 Knowing where assurance is duplicated 53:25 Is a continuous dashboard more dangerous? 55:45 Close