An account does not include: 1  Products or services for which a formal banking relationship is not established with a person, such as check cashing, funds transfer, or the sale of a check or money order.  Any account that the bank acquires.
A quality audit is a process by which you review and evaluate an element of your business to ensure that you're meeting certain standards. The standards varyâyou can set them or you can follow standards set by your industry.
Quality standards used for audit purposes include those set by a company or by the American Society for Quality or ASQ, International Standards Organization or ISO, American National Standards Institute or ANSI, six sigma quality standards and military specifications or milspec. Audits can also be divided by the type of auditor.