When an accounting firm establishes a system of quality control,the firm's objective is to obtain assurance that the firm complied with applicable legal and regulatory requirements.

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The primary objective of establishing a system of quality control for an accounting firm is to provide it with reasonable assurance that the firm and its personnel comply with professional standards and applicable legal and regulatory requirements, and that reports issued by the firm or engagement partners are appropriate in the circumstances. Compliance with legal and regulatory requirements is a part of this broader objective, not the sole objective.

When an Accounting Firm Establishes a System of Quality Control,the