32. What is CSQC 1?

CSQC 1, or Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance Engagements replaces the existing standard, GSF-QC or General Standards for Firms Performing Assurance Engagements. It essentially adopts the requirements of the International Standard on Quality Control, ISQC 1. Access CSQC 1.