31386 paragraphs found
Law, regulation or AUASB standards may establish additional requirements for an individual assigned responsibility for a matter(s) in paragraph 20 , such as requirements for professional licensing, professional education or continuing professional …
The appropriate experience and knowledge for the individual(s) assigned operational responsibility for the system of quality management ordinarily includes an understanding of the firm’s strategic decisions and actions and experience with the firm’s …
How the firm designs the firm’s risk assessment process may be affected by the nature and circumstances of the firm, including how the firm is structured and organised. Scalability examples to demonstrate how the firm’s risk assessment process may …
The process of establishing quality objectives, identifying and assessing quality risks and designing and implementing responses is iterative, and the requirements of this ASQM are not intended to be addressed in a linear manner. For example: In …
Information sources that enable the firm to establish quality objectives, identify and assess quality risks and design and implement responses form part of the firm’s information and communication component and include: The results of the firm’s …
Law, regulation or AUASB standards may establish requirements that give rise to additional quality objectives. For example, a firm may be required by law or regulation to appoint nonexecutive individuals to the firm’s governance structure and the firm …
The nature and circumstances of the firm and its engagements may be such that the firm may not find it necessary to establish additional quality …
The firm may establish sub-objectives to enhance the firm’s identification and assessment of quality risks, and design and implementation of …