Elements of Quality Control-"HELPME"

6 elements of firm quality control

Human Resources

Personnel Management, staffing, training, performance evaluations, compensation.

Engagement (Client) Acceptance and Continuance

Minimize likelihood of associating with management that lacks integrity, take on only engagements you can competently perform, ensure you can comply with legal/ethical requirements, ensure policies are in place for withdrawal from engagement.

Leadership

Tone at the top.

Performance

Policies and procedures to effectively perform, supervise engagement. Ensure proper data handling, allow consultation with experts, provide a means to resolve differences with management, establish guidelines for quality control review.

Monitoring

Provide reasonable assurance that quality control system is relevant, adequate, and operating effectively. Normally carried out by a partner equivalent.

Ethical requirements