Requirements and Objective
Peer reviews are required every three years by Government Auditing Standards (section 5.60), promulgated by the U.S. Government Accountability Office (GAO), which establishes professional standards for conducting audits in government. Additionally, the International Professional Practices Framework (section 1312), issued by the Institute of Internal Auditors (IIA) requires an external assessment every five years. Both Standards are used by the Port of Seattle’s Internal Audit department. Peer reviews/external assessments must be conducted by qualified, external assessors from outside the organization.
The Port of Seattle's Internal Audit Department uses the Association of Local Government Auditors (ALGA) to perform the required peer reviews. The GAO and the Institute of Internal Auditors reviewed ALGA's Peer Review Program and found that it satisfies the requirements under both sets of standards.
The Port of Seattle Internal Audit Department has been participating in the Peer Review process since 2012. The associated reports are listed below: