General Requirements (GR) [Note: answers to GR-1 through GR-6 are indications of potential high risk areas related Unfavorable (“No”) to the audit under review and should be fully explained in the notes section]. Question Criteria Yes No N/A W/P Ref. Auditor Qualifications Did those responsible for planning, directing, performing audit procedures, and reporting on the GAS GR-1 audit meet the GAGAS continuing professional education requirements? Independence GAS Was the audit documentation free of indications that GR-2 3.59; the auditor was not independent? AU-C 200.15 Did the audit documentation include support that the GAS auditor applied the GAGAS conceptual framework at GR-3 the audit organization, audit, and individual auditor AU-C 200.15 level including: GAS 3.08(a), GR-3a Identifying threats to independence? 3.36, Evaluating the significance of any threats, GR-3b GAS 3.08(b) individually and in the aggregate? Applying safeguards as necessary to GAS 3.08(c), GR-3c eliminate the threats or reduce them to an 3.28-3.31 acceptable level? Professional Judgment/Due Professional Care Did the audit documentation support that the auditor used professional judgment in planning and GAS performing the audit and in reporting the results? GR-4 AU-C [Note: Reviewers should answer this question within the context of the scope of their review and based on the results of the QCR.] If there were scope limitations identified in the audit GAS 2.24; documentation, did the auditor properly disclose all AU-C 705.07, GR-5 limitations, restrictions, or impairments in the auditor's .11-.28; AU-C 935.34 report? Question Criteria Yes No N/A W/P Ref. Quality Control
General Requirements (GR) [Note: Unfavorable (“No”) answers to GR-1 through GR-6 are indications of potential high risk areas related to the audit under review and should be fully explained in the notes section]. Question Criteria Yes No N/A W/P Ref. Auditor Qualifications GR-1 Did those responsible for planning, directing, performing audit procedures, and reporting on the audit meet the GAGAS continuing professional education requirements? GAS Independence GR-2 Was the audit documentation free of indications that the auditor was not independent? GAS AU-C 200.15 GR-3 Did the audit documentation include support that the auditor applied the GAGAS conceptual framework at the audit organization, audit, and individual auditor level including: GAS 3.59; AU-C 200.15 GR-3a Identifying threats to independence? GAS 3.08(a), 3.36, GR-3b Evaluating the significance of any threats, individually and in the aggregate? GAS 3.08(b) GR-3c Applying safeguards as necessary to eliminate the threats or reduce them to an acceptable level? GAS 3.08(c), 3.28-3.31 Professional Judgment/Due Professional Care GR-4 Did the audit documentation support that the auditor used professional judgment in planning and performing the audit and in reporting the results? [Note: Reviewers should answer this question within the context of the scope of their review and based on the results of the QCR.] GAS AU-C GR-5 If there were scope limitations identified in the audit documentation, did the auditor properly disclose all limitations, restrictions, or impairments in the auditor's report? GAS 2.24; AU-C 705.07, .11-.28; AU-C 935.34 Question Criteria Yes No N/A W/P Ref. Quality Control
Quality%20Control%20Review%20guide%20for%20Single%20Audits%20-%20final%20(Dec%202016).docx