The Institute of Internal Auditors Presents: All Things Internal Audit

In this episode, Mike Jacka and Tshepo Mofokeng tackle one of the most common questions internal auditors face: Who audits the auditors? They break down how the quality assurance and improvement program (QAIP), professional standards, peer reviews, and self-regulation protect the integrity of the profession. They discuss how quality assurance strengthens credibility with boards, builds trust with stakeholders, and positions internal audit as a strategic advisor.

• HOST:
  • Mike Jacka, CIA, CPA, CPCU, CLU Chief Creative Pilot at Flying Pig Audit, Consulting, and Training Solutions

• GUEST:
  • Tshepo Mofokeng, CIA, CRMA CAE, Sefako Makgatho Health Sciences University Global Board of Directors, The IIA

KEY POINTS:

• Introduction: Who Audits the Auditors? [00:00:06–00:01:23]
• What QAIP Really Means and Why It Matters [00:01:29–00:02:43]
• The Role of Standards in Professional Legitimacy [00:03:05–00:03:58]
• Explaining Self-Regulation to the Board vs. Management [00:04:02–00:06:06]
• Addressing Defensiveness and Educating Peers [00:06:52–00:08:10]
• Moving from Compliance to Credibility in Quality Reviews [00:08:43–00:11:28]
• Measuring Impact, Not Just Audit Volume [00:12:01–00:13:39]
• Marketing Internal Audit's Value Through Quality [00:14:02–00:14:30]
• Finding Time for Quality Assurance Work [00:14:40–00:15:22]
• Real-World Example: How Peer Review Strengthened Trust [00:15:24–00:17:48]
• When Weak Self-Regulation Damages Trust [00:17:52–00:20:48]
• The Future of QAIP and Vision 2035 [00:21:02–00:23:19]
• Internal Audit's "Superpower" with the Board [00:23:21–00:25:11]

Visit The IIA's website or YouTube channel for related topics and more.

IIA RELATED CONTENT: Interested in this topic? Visit the links below for more resources:

• Global Internal Audit Standards
• Quality Assurance and Improvement Program
• Vison 2035
• Become a Certified Internal Auditor (CIA)
• 2026 Analytics, Automation and AI Virtual Conference

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