The GAO recommends auditors layer on multiple quality control procedures ensuring their audits meet standards.
audit quality control
Has the GAO gone too far with audit quality control?
Objectives: Assess whether an audit team has met the Yellow Book requirements regarding quality control and peer review At the most basic level, the quality control requirements are twofold. The Yellow Book requires that audit shops: have an internal quality control system, and undergo an external peer review that determines whether the audit shop’s quality […]
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