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Article: Quality control for the small firm. (accounting firms)
- Article from:
- The National Public Accountant
- Article date:
- October 1, 1990
- Author:
CopyrightCOPYRIGHT 1990 National Society of Public Accountants. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Quality Control for the Small Firm
Does the quality of accounting work correlate with the size of the accounting firm? Some recent studies have suggested that small public accounting firms tend to perform lower quality accounting work than larger firms. While such findings are debatable, they suggest a need for small accounting firms to identify specific problem areas and investigate possible solutions to ensure the highest possible image of professionalism and competency regardless of size.
The AICPA Statement on Quality Control Standards provides guidance regarding independence, personnel assignment, consultation, supervision, hiring, professional ...