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Ethics Safeguards

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › Ethics Safeguards

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by Amer.
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  • August 30, 2016 at 8:59 pm #336390
    Amer
    Member
    • Topics: 22
    • Replies: 8
    • ☆

    What does Independent partner review actually mean?

    August 31, 2016 at 3:27 am #336420
    lam
    Member
    • Topics: 0
    • Replies: 4
    • ☆

    Hello, Im Lam, from Vietnam
    In my opinion, “independent partner review” means: for example: Partner 1 conducts audit engagement with Company A but there are some risks (self-interest, self review..) which might affect the audit opinion, so they need Partner 2 to review the work of Partner 1 to know that P1 really follow the appropriate procedures.
    P/S: Sorry for my bad English!!!!

    August 31, 2016 at 11:29 am #336515
    Amer
    Member
    • Topics: 22
    • Replies: 8
    • ☆

    Thanks Lam for the explanation.
    And What is Quality control review as safeguard?

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