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Importance of Independent Quality Control Review for CPA Firms

by kate_thomas9 days ago
tags: qualitycontrolreviewforcpa

Quality Control Review for CPA firms is important to make sure that the CPA Firms providing attestation services meet higher professional standards. These control policy also help CPA Firms to meet ethical as well as regulatory requirements, especially around independence.

A CPA Firm must develop its quality-control system based on the following six elements.

1- Up to date Ethical Guidelines2- Human Resources3- Engagement Performance4- Monitoring5- Professional Client-Employee Relationships6- Tone at the top

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