Office of Internal Audit passes External Quality Control Review
Generally Accepted Government Auditing Standards (GAGAS) issued by the Comptroller General of the United States Government Accountability Office require audit organizations to have an external peer review at least once every three years. The City of Albuquerque Office of Internal Audit (OIA) passed its triennial peer review on October 11, 2013, with the highest possible rating.
Read the complete 2013 Peer Review
The latest peer review covered the period of July 1, 2010 through June 30, 2013 and followed standards and guidelines contained in the Peer Review Guide published by the Association of Local Government Auditors (ALGA). The external peer review determines whether the reviewed organization's internal quality control system is adequate and whether quality control policies and procedures are being complied with to provide the audit organization with reasonable assurance of conforming with applicable professional standards.