Acca aaa s21 Notes

Acceptance and continuance of client relationships and audit engagements.
The firm must 
ensure that appropriate procedures regarding the acceptance and continuance of client 
relationships and audit engagements have been followed, and shall determine that conclusions 
reached in this regard are appropriate.
September 2021 to June 2022 exams
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Human resources.
The firm shall establish policies and procedures designed to provide 
reasonable assurance that it has sufficient personnel with the competence, capabilities and 
commitment to ethical principles to properly perform the audit to enable an appropriate 
auditor’s report to be issued. Responsibility for each engagement is assigned to an engagement 
partner and policies and procedures must be in place to assign appropriate personnel to each 
engagement.
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Engagement performance
. Direction, supervision, reviews, consultation and performance 
should be of a standard to enable an appropriate auditor’s report to be issued
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Monitoring. 
To ensure that the quality control procedures adequate, relevant and are operating 
properly.
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Note that many of the requirements of a quality control system can be remembered by the 
acronym HARLEM:
‣
H
uman resources
‣
A
cceptance and continuance
‣
R
elevant ethical requirements
‣
L
eadership
‣
E
ngagement performance
‣
M
onitoring