ISQC: Quality Control for All Firms

ZOE MEKE
Mind Map by ZOE MEKE, updated more than 1 year ago
ZOE MEKE
Created by ZOE MEKE about 4 years ago
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Mind Map on ISQC: Quality Control for All Firms , created by ZOE MEKE on 02/02/2016.
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ISQC: Quality Control for All Firms
1 Objective of ISQC 1

Annotations:

  • The objective of firm is to ESTABLISH & MAINTAIN a system of Quality control to provide REASONABLE ASSURANCE that: 1. The firm & its staff comply with prof stds ,legal & regulatory req. 2. Reports issued by firm are appropriate
2 Leadership Responsibilities for quality within firm
2.1 Objective

Annotations:

  • To promote an Internal Culture that recognises importance of quality in performing engagements.
2.2 How objective can be met
3 Relevant Ethical Requirements
4 Acceptance and Continuance of client relationships & specific engagements
5 Human Resource
6 Engagement performance
7 Monitering
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