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Report No. DODIG2012116 August 7, 2012, External Quality Control Review of the Defense Information Systems Agency Audit Organization Additional Information and Copies The Department of Defense, Office
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External quality control review is a process where an independent party evaluates the quality control procedures and Systematic Internal Review (SIR) of a certified public accountant (CPA) firm.
CPA firms that perform engagements subject to the Statement on Auditing Standards No. 108 (SAS 108) and are registered with the Public Company Accounting Oversight Board (PCAOB) are required to file external quality control review.
To fill out the external quality control review, the CPA firm must provide information regarding their quality control procedures, documentation of performed SIRs, and any corrective actions taken to address any findings or deficiencies.
The purpose of external quality control review is to ensure that CPA firms are complying with professional standards and maintaining a high level of quality in their financial audits and related services.
The external quality control review report should include details about the scope of the review, findings from the review, any deficiencies or areas for improvement identified, and any actions taken by the CPA firm to address those findings.
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