Acceptance and Continuance of Clients
Acceptance and continuance of clients was one of the 9 elements of quality control mandated in 1974 by Statements of Auditing Standards (SAS) No. 4 entitled ''Quality Control Considerations for a Firm of Independent Auditors.'' Since 1979, a firm's quality control system is required to have 3 basic...
|Journal Title:||The CPA Journal Vol. 50; no. 10; pp. 29 - 34|