Audit And Assurance Quality Practice Test

A firm is performing a nonissuer audit and the engagement team identifies significant deficiencies in internal control. The firm’s internal quality review of the engagement also identified shortcomings in how the deficiencies were evaluated and documented. The firm must determine how to communicate the quality review findings. Which action is most appropriate?

A firm’s monitoring of nonissuer attestation engagements finds that teams often fail to document the criteria used to evaluate the subject matter, leading to inconsistent conclusions. The firm must decide on a response that improves engagement quality. What is the most appropriate quality control procedure?