SOCPA Publishes a Report on the Reoccurring Inspection Observations Identified Through the Field Inspection of Accounting Firms.
SOCPA has published a report on the reoccurring inspection remarks that arose during field inspection work in 2020-2021.
The report aims to paint a clear picture of certain aspects of chartered accountants' professional performance to enable firms to prevent the repetition of the mistakes and observations referred to in this report when performing future engagements.
SOCPA hopes that firms will apply their Internal self-control systems and evaluate their quality control programs after reviewing this report.
This publishing of this report comes from SOCPA's belief in the importance of enhancing communication and supporting accounting firms with the necessary information and remarks to develop their performance and enable them to achieve the highest quality standards.
To view the report Click
here.