In order to achieve the firm‘s quality control targets the following matters should be considered:
i) Personnel qualities: Personnel in the firm should adhere to the principles of integrity, objectivity, independence and confidentiality.
ii) Skills and competence: The firm should be staffed by personnel who have attained and maintain the skills and competence required to enable them to fulfil their responsibilities.
iii) Assignment: Audit work should be assigned to personnel who have the degree of technical training and proficiency required in the circumstances.
iv) Director and supervision at all levels to provide the firm with reasonable assurance that the work performed by the firm meets appropriate standards of quality.
vi) Acceptance and continuance of clients: In making such decisions, the firms should consider its own ability to service a client properly and the integrity of the client‘s management.
vi) Monitoring: The firm should monitor the effectiveness of its quality control policies and procedures.
