For the European area you can take a look at these ENQA (European Network for Quality Assurance in Higher Education) standards and guidelines: http://www.enqa.eu/wp-content/uploads/2013/06/ESG_3edition-2.pdf They are widely used in institutional evaluations performed by the EUA - European University Association (there are some interesting materials on their website also: http://www.eua.be/eua-work-and-policy-area/quality-assurance.aspx)
Education is the need of our life .It starts from our childhood under the light of parents.With the passage of time education at all the stages from primary to college play an very important part in the lifeline of students who have to move their footsteps for the goal of their career.
It is a education with all the scientific technological development under the computer mirror have to study the frame works of the higher education to meet the challenges of present century which the time period of competitive frame works.
This demands the heavy responsibility on the part of education systems who have to view all the type of development in the line with Global Frame work of education system.The task is not easy but the educationist with their all the scientific tech may catch hold of the system of different areas & should place & to make a system which is the need of the higher education they wish to impart students.
The main end of higher education has no limitation formula by keeping the area & the particular region which student belong .
Students which their higher academic career would not like to be stagnate but they would prefer to be mobile.It is only in this line the system of the higher education should be framed but this only personal opinion .
Quality assurance framework should be based on the quality of faculty, quality of students, the course content, the delivery, the evaluation, the learning outcome, quality of research, quality of continuing education, quality of consulting, international exposure, corporate connect and enabling infrastructure like rich digital library, computing and video conferencing facilities.
The new quality assurance instruments emphasized by the state include the definition of academic degree frameworks, policies introducing new assessment practices such as academic audits and/or subject assessments designed to maintain and improve internal quality assurance practices, state conducted accreditation of programs and/or institutions, performance funding and contracts, and finally regulations influencing the public provision of academic information such as state-mandated exams or surveys.
these publications provide you precise profound inforamtion http://www.qaa.ac.uk/en/Publications/Documents/Framework-Higher-Education-Qualifications-08.pdf
You can take a look in a book by Stefanie Schwarz, Don F. Westerheijden "Accreditation and Evaluation in the European Higher Education Area". Some more general information: Quality Assurance in Higher Education: Trends in Regulation, Translation and Transformation by F. Westerheijden, Bjørn Stensaker, Maria João Rosa. Here you can find also some information from UNESCO:
There are Quality Assurance System for UK (QAAHE), in Australia (AQUA), in Saudi Arabia (NCAAA) and so on. These systems including some standards and cafeterias in order to asses quality level in organisation.
As well as, there some Accreditation internal boards such as ABET, AACSB,...
and some societies apply the same thing, such as Statistical Society in UK