172070
Beschreibung
Mindmap von littlepaz_2001, aktualisiert more than 1 year ago
|
Erstellt von littlepaz_2001
vor mehr als 10 Jahre
|
|
ISQC1 Quality Control - Independence
- Establish policies and procedures designed to provide the firm with
REASONABLE ASSURANCE that all personnel comply with relevant
ethical requirements,
- Should be in line with the fundamental principles and reinforced by:-
- Leadership
- Education and training
- Monitoring
- Process for dealing with non-compliance
- Leadership
- Should be in line with the fundamental principles and reinforced by:-
- Engagement partners provide relevant information about client
engagements including SCOPE OF SERVICES
- PERSONNEL notify the firm of circumstances and relationships
- Accumulation and communication of relevant information to appropriate personnel
- Maintain and update records relating to independence.
- Take appropriate action regarding identified threats
- Take appropriate action regarding identified threats
- Maintain and update records relating to independence.
- Establish policies and procedures so that the firm has reasonable
assurance that it is notified of breaches of independence
requirements.
- At least annually obtain written confirmation from all
personnel of compliance with policies and procedures.
- FAMILIARITY THREAT
- Establish policies and procedures determining safeguards to reduce
the familiarity level to an acceptable level when using the same
senior personnel on an assurance engagement over a long period of
time.
- LISTED ENTITIES:- Rotation of the engagement
partner and the individuals responsible for
engagement quality control review.
- Establish policies and procedures determining safeguards to reduce
the familiarity level to an acceptable level when using the same
senior personnel on an assurance engagement over a long period of
time.
Möchten Sie kostenlos Ihre eigenen Mindmaps mit GoConqr erstellen? Mehr erfahren.