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Services
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Compliance with Policies and Procedures– Local Firm (no
inspections)
Policy Statement:
The CPA firm will consider and evaluate, on a regular basis,
compliance with its policies and procedures.
Implementation:
The CPA firm carry out this policy by:
- Assigning an officer or management-level
employee independent of the engagement to perform a before submission
review of the engagement or an after submission review of the engagement
shortly after the release of the report. Deficiencies found from doing
this process will be regularly summarized and evaluated to determine
whether
- Additional emphasis should be placed on
the specific areas or industries in future engagements.
- Existing policies and procedures should
be modified so any deficiencies noted do not recur.
- The CPA firm will review written
communications regarding consultation on independence, integrity, and
objectivity matters, and acceptance and continuance decisions.
- The CPA firm will review circular forms
on the resolution of matters reported by professional personnel on
independence to determine that matters have been appropriately
considered and resolved.
- The CPA firm will summarize the
deficiencies noted resulting from the before submission and after
submission reviews.
- The CPA firm will prepare a summary of
the deficiencies noted for the officer or management group in order to
set forth any recommended changes to the CPA firm’s policies and
procedures.
- Issuing information on the deficiencies
noted and the agreed-upon quality control changes to all professional
personnel.
©/2003 to 2009 A Andrew Harrison CPA P.C. love a challenge
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