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Strengthening Internal Audit Excellence
External Quality Assessments (EQA)
At Sibiya Chartered Accountants, we conduct independent External Quality Assessments (EQA) that align with the Global Internal Audit Standards. Our reviews ensure audit effectiveness, independence, and governance improvement — giving your stakeholders confidence in the assurance function.
External Quality Assessments (EQA)
What is an EQA?
Independent. Objective. Trusted.
An EQA is required every five years and evaluates:
Audit function effectiveness
Independence & objectivity
Alignment with international standards
Benefits:
✔ Benchmark against global practices
✔ Strengthen risk & compliance oversight
✔ Improve governance accountability
Our Services
Full EQA Review
Comprehensive evaluation of your internal audit function using the IIA’s conformance scale:
Fully Conforms | Generally Conforms | Partially Conforms | Does Not Conform
Readiness Assessment
A gap analysis for internal audit teams preparing for a first or upcoming EQA. Identifies strengths, weaknesses, and areas to improve.
Methodology & Charter Updates
Review and update audit methodologies, templates, and charters to ensure compliance with the new Global Internal Audit Standards (2025).
Our Approach
We focus on:
Independence – unbiased, professional reviews
Practical Insights – tailored recommendations you can apply
Continuous Improvement – helping your audit function grow in maturity
Why Choose Sibiya Chartered Accountants?
✅ Accredited Professionals – CA(SA), CISA, CRISC, CIA, CRMA
✅ IIA Quality Assessor Certified
✅ Local Expertise, Global Standards – South African insights with international alignment
✅ Governance Focused – Stronger accountability and assurance
✅ Future-Ready – Preparing you for the 2025 Global Internal Audit Standards