Auditing Standards Board's Revised Quality Control Standards 

In October 2007, the AICPA’s Auditing Standards Board (ASB) issued the AICPA’s Statement on Quality Control Standards (SQCS) No. 7, A Firm’s System of Quality Control, which was effective January 1, 2009.

SQCS 7 supersedes and replaces all of the previously effective QC standards and applies to any practice that performs audits, reviews, compilations or other services covered by Rules 201 or 202 of the AICPA Code of Professional Conduct.

Elements of a System of Quality Control for a Firm’s A&A Practice


Superseded QC Standards

Leadership responsibilities for quality within the firm


Relevant ethical requirements (e.g. independence, integrity, objectivity, concern for the public interest)

Independence, integrity and objectivity

Acceptance and continuance of
client relationships and specific engagements

Acceptance and continuance of clients and engagements

Human resources

Personnel management

Engagement performance

Engagement performance



Go to the Quality Control Standards page.


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