Quality Control 

Interim Standards

In April 2003, the Board adopted certain preexisting standards as its interim standards. Pursuant to Rule 3400T, Interim Quality Control Standards consist of the AICPA’s Auditing Standards Board’s Statements on Quality Control Standards, as in existence on April 16, 2003, to the extent not superseded or amended by the Board, and (for those firms that were members of the AICPA SEC Practice Section (SECPS)) certain AICPA SEC Practice Section’s membership requirements, as in existence on April 16, 2003, to the extent not superseded or amended by the Board.

• QC 20 System of Quality Control for a CPA Firm's Accounting and Auditing Practice
• QC 30 Monitoring a CPA Firm's Accounting and Auditing Practice
• QC 40 The Personnel Management Element of a Firm's System of Quality Control-Competencies Required by a Practitioner-in-Charge of an Attest Engagement

SEC Practice Section (SECPS) - Requirements of Membership

• SECPS §1000.08(d) Continuing Professional Education of Audit Firm Personnel
• SECPS §1000.08(l) Communication by Written Statement to all Professional Personnel of Firm Policies and Procedures on the Recommendation and Approval of Accounting Principles, Present and Potential Client Relationships, and the Types of Services Provided
• SECPS §1000.08(m) Notification of the Commission of Resignations and Dismissals from Audit Engagements for Commission Registrants
• SECPS §1000.08(n) Audit Firm Obligations with Respect to the Policies and Procedures of Correspondent Firms and of Other Members of International Firms or International Associations of Firms
• SECPS §1000.08(o) Policies and Procedures to Comply with Independence Requirements