Quality control systems
One of the pillars of our assurance strategy is to support
partners and staff in their delivery of consistent high quality
client service worldwide. Our rigorous quality system is
designed to provide us with reasonable assurance that the firm and
its personnel comply with professional standards and regulatory and
legal requirements.
Our national quality control system is aligned with:
- The Financial Reporting Council’s (FRC) key drivers within the
Audit Quality Framework (key aspects of which can be found
throughout this document)
- IFAC Code of Ethics for Professional Accountants
- International Standard on Auditing 220: Quality Control for
Audits of Historical Financial Information
- ISQC1: International Standard on Quality Control for Firms,
which encompasses the following key elements:
1. Leadership responsibilities for quality
2. Ethical requirements
3. Acceptance and continuance of clients and engagements
4. Human resources
5. Engagement performance; and
6. Monitoring activities.