ISA 220

ISA 220

ISA 220 – System of Quality Control and Role of Engagement Teams

Quality control systems, policies and procedures are the responsibility of the audit firm. Under ISQC 1, the firm has an obligation to establish and maintain a system of quality control to provide it with reasonable assurance that … Continue reading

ISA 220 – Objective

The audit complies with professional standards and applicable legal and regulatory requirements; and the auditor’s report issued is appropriate in the circumstances.

ISA 220 – Definitions

For purposes of the ISAs, the following terms have the meanings attributed below:

Engagement partner: The partner or other person in the firm who is responsible for the audit engagement and its performance, and for the auditor’s report that is issued on behalf of the firm, and who, where required, has the appropriate authority from a professional, legal or regulatory body … Continue reading

ISA 220 – Requirements

Leadership Responsibilities for Quality on Audits

The engagement partner shall take responsibility for the overall quality on each audit engagement to which that partner is assigned … Continue reading

Relevant Ethical Requirements

Throughout the audit engagement, the engagement partner shall remain alert, through observation and making inquiries as necessary, for evidence of non-compliance with relevant ethical requirements by members of the engagement team … Continue reading


The engagement partner shall form a conclusion on compliance with independence requirements that apply to the audit engagement. In doing so, the engagement partner shall obtain relevant information from the firm and, where applicable, network firms, to identify and evaluate circumstances and relationships that create threats to independence … Continue reading


The engagement partner shall take responsibility for the engagement team undertaking appropriate consultation on difficult or contentious matters be satisfied … Continue reading