Who Audits the Internal Auditor? Self-Regulation as Internal Audit's Superpower

Mar 3, 2026

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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]

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