A CPA firm would provide itself reasonable assurance of meeting its responsibility to offer professional services that conform with professional standards by

Question

Quizplus · Accepted Answer

Maintaining a comprehensive system of quality control that is suitably designed in relation to its organizational structure is the most effective way for a CPA firm to ensure that it is meeting its responsibility to offer professional services that conform to professional standards. This includes establishing policies and procedures to ensure compliance with professional standards, identifying and addressing potential audit risks, monitoring the quality of the firm's work, and providing ongoing training and development to ensure that staff are up to date on best practices and emerging trends. While the other options listed may also be important for ensuring compliance with professional standards, they are not as comprehensive or effective as a comprehensive quality control system.

A CPA Firm Would Provide Itself Reasonable Assurance of Meeting