The following is an example of a CPA firm’s quality controlprocedure requirement: “Any person being considered for employment by the firm musthave completed a basic auditing course and have been interviewed and approved by anaudit partner of the firm before he or she can be hired for the audit staff.” Which elementof quality control does this procedure affect and what is the purpose of the requirement?
The following is an example of a CPA firm’s quality controlprocedure requirement: “Any person being considered for employment by the firm musthave completed a basic auditing course and have been interviewed and approved by anaudit partner of the firm before he or she can be hired for the audit staff.” Which elementof quality control does this procedure affect and what is the purpose of the requirement?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following is an example of a CPA firm’s quality control
procedure requirement: “Any person being considered for employment by the firm must
have completed a basic auditing course and have been interviewed and approved by an
audit partner of the firm before he or she can be hired for the audit staff.” Which element
of quality control does this procedure affect and what is the purpose of the requirement?
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