Answered: List and briefly describe, in your own…

List and briefly describe, in your own words, each of the six (6) elements of a quality control system established by the AICPA for the accounting and auditing practice of a CPA firm.

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter1: Auditing: Integral To The Economy

Section: Chapter Questions

Problem 42RSCQ

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Question

List and briefly describe, in your own words, each of the six (6) elements of a quality control system established by the AICPA for the accounting and auditing practice of a CPA firm.

Processes and procedures involved in achieving the organizational goals and objectives for the daily operations of a company. Control systems involve all the operational control systems, their implementation, and strategic control processes.

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