External Quality Assessment (EQA) for private sector organisations
Independent, proportionate, and commercially-focused reviews for FTSE 100, FTSE 250, and other complex organisations.
Our independent External Quality Assessments help private sector organisations evaluate and enhance the effectiveness of their internal audit function. Delivered by experienced internal audit leaders, our reviews provide an objective assessment against the Global Internal Audit Standards, together with practical recommendations and actionable insights to support continuous improvement.
What we deliver
- Independent EQA opinion.
- Assessment against the Global Internal Audit Standards.
- Detailed review of internal audit governance, performance and effectiveness.
- Identification of strengths and recognised good practice.
- Benchmarking and market insight.
- Practical and prioritised recommendations.
- Continuous improvement roadmap.
- Executive summary suitable for Audit Committees and Boards.
Why choose us
Genuine independence
At the Chartered IIA, we do not outsource services. This means we don't have a commercial interest in replacing your internal audit provider or selling additional delivery services.
Experienced EQA reviewers
Our review panel is comprised of experienced Heads of Internal Audit, many of whom have held senior executive, board and non-executive positions. The individuals named in our proposal are the same individuals who undertake the assessment.
Commercial understanding
Our reviewers understand the realities facing private sector organisations, including growth, transformation, shareholder expectations, operational resilience, supply chain risks, technology change and regulatory scrutiny.
Practical recommendations
We do not simply identify areas of non-conformance. We work collaboratively with internal audit functions to identify practical opportunities to increase effectiveness, influence and organisational value.
Meet the Quality Services Panel
Ian Arnold
Ian Arnold has over thirty years’ internal audit experience gained in-house in senior Executive roles and most recently working as a Director in KPMG UK's Internal Audit advisory group, specialising in Technology Risk & Assurance.
His experience spans many industries across the private sector, including advising small, medium and FTSE100 listed business to deliver and improve Internal Audit services.
Lynn Bamsey
With over forty years of experience in finance, governance, risk and internal audit, Lynn is a highly accomplished audit leader with extensive senior roles across FTSE 100 organisations and global enterprises. She has spent more than 17 years in internal audit leadership, including a decade at Vodafone and seven years as Head of Risk & Internal Audit for the James Dyson Family Office.
Her sector experience spans telecoms, retail, education, and family office environments, she provides extensive knowledge in risk management, internal controls, governance, compliance, and integrated assurance.
Steven Brown
Steve is a co-founder of Brave Within and has more than 20 years’ experience in assurance, governance and enterprise risk, including Internal Audit leadership roles at BP, Centrica and AstraZeneca across the oil and gas, utilities, petrochemical and pharmaceutical sectors. He has led portfolios of complex audits, developed audit approaches and ways of working, and worked with boards and executive teams to ensure Internal Audit provides relevant insight and contributes to organisational success.
At Brave Within, Steve advises Internal Audit functions on strategy, quality assurance and improvement, and how to provide more insightful reporting to senior management and Audit Committees.
Peter Chambers
Peter has more than 35 years’ experience in internal audit, including over 20 years in senior leadership roles across major organisations and professional services. He is currently Director, Internal Audit & Risk at Sizewell C, where he established the internal audit function for one of the UK’s largest infrastructure programmes and now has broader responsibility for internal audit, enterprise risk, internal controls and integrated assurance.
Previously, Peter was Chief Audit Executive of Saudi Electricity Company, where he led the transformation of a 100-strong internal audit function, and held a senior internal audit leadership role with Mubadala Investment Company in the UAE, where he developed the group’s internal audit excellence model and assessed the effectiveness of internal audit functions across a diverse portfolio of companies.
Peter has particular experience in energy, infrastructure and complex, regulated organisations, complemented by extensive audit committee and internal audit effectiveness experience.
Greg Coleman
Greg is a seasoned internal audit / governance professional with over 20 years hands-on internal audit experience in five multinational companies, (including 14 years as Chief Audit Executive in three public limited companies listed on the UK Stock Exchange). Greg’s career spans five industry sectors: financial services; consumer healthcare/ pharmaceutical; engineering; big data and fast-moving consumer goods.
For the last 12 years, Greg has worked as a consultant and has carried out various governance projects for organisations in different industries and has also led a number of international training courses. I've been a member of the External Quality Assurance panel since September 2015 and have carried out over 35 reviews.
David Finch
David held the role of Chief Audit Executive / Head of Internal Audit / Director of Risk & Assurance within global FTSE100, FTSE 250, and private equity backed commercial businesses from 1997 to 2013. Prior to this he was Financial Controller within a number of UK businesses.
David founded a risk management consultancy in 2014 and has been part of the EQA team for the last 13 years, covering both UK and international businesses in manufacturing, retailing, supply chain, construction, and business support services.
David has experience in property management & investments, hospitality, and is currently a Trustee within a community farm charity, as well as being the External Examiner for Birmingham City University.
Paul Kaczmar
Paul has over 25 years’ experience in internal audit and risk management across a variety of commercial organisations including media, distribution, manufacture and recruitment. In addition, he has held senior roles in finance, business development, strategic planning and IT.
Michelle Kavanagh
Michelle has over 30 years’ experience as a governance and risk specialist working within both professional services as a big 4 partner and, also, as an in-house Head of Internal Audit and Risk.
Michelle has a proven track record of working in partnership with Boards and Executives across both public and private sector to deliver value from internal audit functions and, as a result, she knows what good looks like.
Junaid Khan
Junaid has extensive experience in developing and implementing IA strategies, frameworks and operating models, including as Head of IA Quality for the leading Telecom operator in the MENA region. He specializes in Strategy & Change, Process Assessments & Improvements, Technology audits and Quality Assurance.
He helps organizations develop and execute their IA strategies, build IA capabilities, implement IA tools and establish, right-size and rebuild in-house functions.
John Moody
John has over 30 years’ experience in Internal Audit and Risk Management and has led the development of the internal audit service lines for leading professional services firms in the UK and Ireland.
John has been a member of the EQA panel for over 10 years and has led full EQAs and Readiness Assessments for organisations across the Energy, Local and Central Government, NGO, Transport, Financial Services and Health sectors.
John has also served as a member of the Health Service Executive’s (HSE’s) Audit and Risk Committee. John uses his experience and insights to provide challenge and share proven best practices wherever possible.