The evolving, risk-based approach to audit firm quality management is consistent with a trend that has become well established in the accounting profession. Over the past 15 years or so, leaders of ...

Quality auditing is the examination of an organization's quality control systems. The independent auditor examines how well a company ensures the quality of its products and services, and makes a ...

Firms that perform audits, reviews, or compilations have a little more than four months to implement the new risk-based quality management (QM) standards. The task may feel daunting, but Joe Lynch, ...

The Audit Quality Board is an advisory body composed of three independent board members — Tracey Golden, Dave Sullivan and Dan Sunderland — who are responsible for evaluating the effectiveness of ...

MDR, MDSAP, and FDA audits demand rigorous preparation, lifecycle traceability, and risk-based compliance for global market ...

Internal audits collate facts about the functions and processes in an organization so as to gauge the extent to which standards are being met. Organizations undertake internal audits before the ...