Quality Management of an Individual Audit (3) Flashcards
1
Q
What is the engagement partner responsible for?
A
Ensuring ethical compliance
2
Q
What does ensuring compliance often include? (Identify)
A
Identifying and addressing threats
3
Q
What does ensuring compliance often include? (Evaluate)
A
Evaluating any breaches
4
Q
What does ensuring compliance often include? (Personnel)
A
Ensuring that engagement personnel take appropriate action
5
Q
What is this engagement partner responsible for?
A
Acceptance/continuance procedures in line
6
Q
What is the partner’s responsibility to decline?
A
If the engagement is ethically unacceptable
7
Q
What must the engagement ensure?
A
That sufficient and appropriate resources are made available to engagement team includes human, technologies and intellectual resources
