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Safeguards

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Safeguards

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
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  • September 6, 2015 at 6:39 pm #270122
    hussnainshoaib
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    What is meant by individual partner review/quality control review?

    September 6, 2015 at 8:26 pm #270128
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23319
    • ☆☆☆☆☆

    The answer to that really depends upon the context in which you have found the expression!

    I can make a stab at it but it could be inappropriate when read in context 🙁

    Quality control review is simply a review exercise (hot or, more likely, cold) where a partner from another office of the firm, either in the same or a different country, or (if it’s a sole practitioner firm) a sole practitioner or a partner from a different firm of a similar size.

    You have mentioned “individual partner review”. I have a feeling that this should be “independent partner review” Am I right?

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