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5 Mins: What's the QAR Deadline & Other Stakeholder Issues

  • Broadcast in Business



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Learn more valuable information from Compliance Expert, Sonia Luna, on the necessity, cost savings and advantages of a Quality Assessment Review (QAR): Register for Sonia's upcoming webinar by submitting your question HERE. . 

In THIS audio, Sonia shares 7 minutes on when the clock REALLY starts ticking for QAR and what happens if you’re NOT compliant.  What risks does a corporation take by not having an outside audit done on their internal audit department?  How do they know if best practices are being followed?  What message does it send to the SEC and to investors if they must go back and amend documents?

The clock does not start when most companies THINK it does – it starts the minute the department is formed.  And if a corporation is NOT compliant, every document they send to the Board must note that the QAR has not been done, the company is not compliant, and the IIA standard should also be outlined.

Aviva Spectrum is the premier provider of Internal Audit, SOX compliance, and Risk Management Services in the West Coast. Our goal in creating long-term, strategic partnerships with our clients is to establish efficient internal controls systems simply and effectively that in turn build core strength and efficiency in your corporate structure.