International Federation of Accountants

Supporting International Standards

Guide to Quality Control for Small- and Medium-Sized Practices, Third Edition

IFAC
Jul 31, 2011 | Guidance & Support Tools
171 Pages
ISBN 978-1-60815-097-7
English

All available Translations: Arabic Arabic Bulgarian Chinese + View All

Don't see your language? Request permission to translate

This third edition of the guide features enhancements to the two sample manuals, as well as other refinements for clarity and consistency with International Standard on Quality Control (ISQC) 1. The guide contains the requirements set out in ISQC 1 in addition to implementation guidance, including discussion material and an integrated case study that can be used as the basis for education and training.

The guide provides non-authoritative guidance on applying ISQC 1. It is not to be used as a substitute for reading ISQC 1, but as a supplement to help practitioners understand and consistently implement this standard within their firms when developing a system of quality control for audits and reviews of financial information, and other assurance and related service engagements.

See also

  • QC Guide—Orientation, a PowerPoint slide deck to introduce users to the structure, features, and key topics in the Guide. Member bodies may have access to the slides for use in training and CPD courses.
  • Companion Manual to the QC and ISA Guides on how member bodies and other professional accountancy organizations can make the best use of the Guide.

Note this Guide pre-dates the IAASB's new quality management standards, issued in December 2020.

 

Guide to Quality Control for Small- and Medium-Sized Practices, Third Edition (PDF | 2.6 MB)
Date: Aug 01, 2011

 

Copyright © 2021 The International Federation of Accountants (IFAC). All rights reserved.

 

Related Resources

 
 

Get the latest updates delivered to your inbox

Subscribe now

 
 

LOOKING FOR BOARD STANDARDS?

View Boards Site

 

Translations & Permissions

Looking to reproduce the standards for your members? Want to include IFAC's publications in your training materials or university course? Learn how we can help.

IP permissions and policies

  

Explore More On...

Primary tabs

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.

Agree