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ACCA has introduced a new online resource providing free access to UK and international Auditing and Accounting Standards. This service improves on ACCA's previously annually-issued Accounting Handbook and Auditing Handbook, which were last published in August 2004.

The printed versions were quickly out of date as standards were modified or new ones issued, requiring members routinely to cross-reference published standards with paper updates. With the new service, members will be able to efficiently access an up-to-date and reliable source of information on standards that automatically incorporates updates as soon as they are released.

You can access the online standards by selecting the link in the Related Links section at the top left side of this page.

Practical guidance on quality control procedures for small and medium sized audit firms

ACCA members must comply with the requirements of the International Standard on Quality Control 1 (ISQC 1). This is why ACCA has developed a guide designed to assist firms to implement the requirements of ISQC 1 and to understand all the practical issues involved. International Standard on Quality Control 1: Practical guidance for small and medium sized audit firms includes the following features:

  • detailed guidance on all aspects of ISQC 1 implementation
  • example policies and procedures which firms can easily tailor to meet their practices' individual needs
  • a set of example forms and checklists covering: acceptance and continuance, fitness and propriety, independence, cold file review procedures and more.

Policies and procedures may be tailored on screen, and the forms and checklists may be completed either on screen or manually.

The guidance is relevant to all small and medium sized audit firms, and not just those based in the UK or Ireland. Developed with the assistance of ACCA's Practice Monitoring Directorate, the guidance is available free of charge to all ACCA's members.

To download a copy of this guidance, members should login to myACCA, and go to the 'downloads' section. You can access myACCA by selecting the link in the Related Links section on this page.


Last updated: 12 Dec 2014