Quality control in the audit environment - international edition
This publication is an international version of the ICAEW Audit and Assurance Faculty guide on quality control for audit firms issued in September 2010.
It takes into account recent developments, in particular the impact of the International Auditing and Assurance Standards Board’s (IAASB’s) clarified version of International Standard on Quality Control 1 (ISQC 1) Quality control for firms that perform audits and reviews of financial statements, and other assurance and related services engagements. This redrafted standard became effective as of 15 December 2009 but for many is only now starting to impact on operations.
This guide does not give specific coverage to the application of ISQC 1 to engagements other than audit engagements, although we believe that many matters covered will also be relevant to other engagements performed by firms. It should be noted that the standard’s scope extends to reviews of financial statements, and other assurance and related services engagements.
Continue reading
This content is not freely available. To access 'Quality control in the audit environment - international edition' you need to be one of the following:
-
ACA student
-
This content is available to ACA students. If you want to start the ACA qualification there are several routes you can take
-
Audit and Assurance Faculty
-
Stay ahead of the curve with our expert guidance, trusted technical resources and practical insights.
-
Business and Finance Professional
-
An internationally recognised designation and professional status from the ICAEW.
-
ICAEW member
-
Gain access to world-leading information resources, guidance and local networks. 98% of the best global brands rely on ICAEW chartered accountants.