At Gaber & Co we are very strict to comply with Quality Control standards. At our firm Quality Control standards are designed to help us meeting our compliance responsibilities and building a safeguard to any possible professional liability.
We are making sure that elements of a firm's system of quality control addressed in ISQC 1 comprise as follows:
Leadership responsibilities for quality within the firm;
Ethical requirements (including independence);
Acceptance and continuance of client relationships and specific engagements;
Human resources (including assignment of engagement teams);
Engagement performance (including consultation, resolution of differences of opinion and engagement quality control review); and
Monitoring (including dealing with complaints and allegations).
The firm has developed the following areas to ensure the application of Quality Control in the firm according to ISQC 1:
• System Application
• Customized Templates & Standard Working Papers
• HR manual
• Performance Appraisal System
• IT security & Backup.