HKICPA Practice Review Supports
Practice review is a quality assurance programme conducted by HKICPA that covers the provision of audit and other related assurance services in Hong Kong by firms, corporate practices and individual practising certificate holders (practice units). The Quality Assurance Department uses its resources to ensure due attention is paid to practice units that are engaged in auditing higher profile or public interest, predominantly listed entities.
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HKICPA is introducing an initiative to promote an understanding of the meaning and need for audit quality. They recognize the importance of audit quality and the strength of the audit profession in maintaining public confidence in capital markets and we are committed to helping auditors and other stakeholders understand audit quality and the value of audit. HKICPA also uses practice review to encourage and assist practice units to improve adherence to professional standards and raise the quality of auditing and AML compliance.
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Our profession team with solid experiences gained from the Quality Assurance Department and the Quality Review Department of Big 4 audit firms, are able to provide professional advise to our clients to enhance the quality of their audit working paper and documentation in a short period of time.