Annex A: Audit quality approach diagram
IAASB Audit Quality Framework | PSAA audit contracts |
Key attributes of quality audits | Method statements |
3 critical tests
|
Sources of evidence
|
Evidence-based outputs | Firm focus | System wide focus |
Quarterly report against a scorecard of KPIs | ✓ | ✓ |
Quarterly report and latest insights into audit quality: | ||
|
✓ | |
|
✓ | |
|
✓ | ✓ |
Annual summary report | ✓ | ✓ |