Quality control for a CPA firm
A) includes the organizational structure of the firm and the procedures it establishes.
B) is tailored to each specific audit engagement.
C) is a guarantee that auditing standards are followed.
D) is required only for firms auditing SEC companies.

Question

Quizplus · Accepted Answer

Quality control for a CPA firm includes the establishment of an organizational structure and procedures that ensure compliance with auditing standards. It is not specific to any one audit engagement and is required for all CPA firms, not just those auditing SEC companies.

Quality Control for a CPA Firm