To maintain the firm’s System of Quality Control we need to both receive information from and provide quality information to our audit clients.
RECEIVE FROM client
  • Quality data
  • Timely communications
    • Planned mergers or acquisitions
    • Materiality and ownership changes
    • Other corporate transactions
COMMUNICATE TO client
  • Initial and annual written communication to the Audit Committee of all relationships that may be thought to bear on independence in accordance with PCAOB Rule 3526
  • Discuss with the Audit Committee potential effects of the relationships on our independence
  • Document substance of the discussion with the Audit Committee in KCw
  • Written affirmation that firm is independent, in compliance with PCAOB Rule 3520
  • All proposed audit and permitted non-audit services must be pre-approved by Audit Committee
For assistance, refer to “The Audit Committee Communications User Guide” found on Alex.