This paper will compare two instruments for quality assurance on the internationalization of higher education institutions: The Internationalization Quality Review Process (IQRP) and the International Education Quality Assurance System (IEQAS). Methodologies adopted were ethnography, hermeneutical phenomenology and the cross-cultural comparative approach. Findings show that IQRP was more comprehensive than IEQAS. Three domains -- the nature of the quality assurance, procedural aspect and rewards and sanctions -- were selected, contrasted, compared and analyzed. During the analysis of sanctions, a discernable concept, equity was derived from the IEQAS and an in-depth analysis was undertaken to reveal and interpret the nature of the meaning.