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Author Question: The purpose of establishing quality control policies and procedures to accept or continue a client ... (Read 21 times)

connormoss

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on: Aug 21, 2022

Question 1

The method used by a CPA firm to ensure that the firm meets its professional responsibilities to clients and others is
◦ continuing professional education.
◦ compliance with generally accepted reporting standards.
◦ quality control.
◦ peer review.

Question 2

The purpose of establishing quality control policies and procedures to accept or continue a client relationship is to
◦ provide reasonable assurance that personnel are adequately trained to fulfill their responsibilities.
◦ monitor the risk factors concerning misstatements that arise from the misappropriation of assets.
◦ document objective criteria for the CPA firm's peer review.
◦ minimize the likelihood of associating with a client whose management may lack integrity.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by connormoss on Aug 21, 2022

Harsh06

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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connormoss

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

carlsona147

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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