PCAOB Posts New Knowledge Checks To Help Auditors Gauge Understanding of New Quality Control Standard

The PCAOB has posted a new series of knowledge checks designed to help auditors gauge their understanding of important aspects of QC 1000, A Firm’s System of Quality Control. Topics covered in the knowledge checks include risk assessment, roles and responsibilities under QC 1000, considerations related to ethics and independence, and more.

Note: These knowledge checks are anonymous. Results will not be made public or used in the PCAOB’s oversight activities.

The knowledge checks are the latest in a series of resources the PCAOB has recently released to assist and inform auditors in their implementation of PCAOB standards and rules. For more PCAOB implementation resources on QC 1000 and other PCAOB standards and rules, visit the  Implementation Resources for PCAOB Standards and Rules page. Auditors with questions on implementing the new standard can connect with PCAOB staff via our website or by phone at (202) 591-4395.