QAIP is designed to improve what?

• A. Quality Assurance and Improvement Program
• B. External audit procedures
• C. Financial accounting controls
• D. IT security measures

Answer: (A)

QAIP is about improving the internal audit function itself. It provides a formal framework to assess how well the internal audit activity conforms to professional standards and internal expectations, and to drive ongoing enhancements in how audits are planned, executed, reported, and followed up. The goal is to elevate the quality and effectiveness of the internal audit work so it consistently adds value to the organization. External audit procedures, financial accounting controls, and IT security measures are separate areas and not what QAIP is designed to improve.