Sa 220
Querist : Anonymous
Querist : Anonymous
SA 220 (Quality Control for an Audit of Financial Statements) requires the engagement team to be comprised of personnel performing the audit — which includes articled assistants (i.e., audit trainees).
Yes, articled assistants are part of the engagement team.
However, since they are not yet qualified professionals, they are not held directly responsible to external parties for compliance with ethical requirements.
The responsibility for ensuring that ethical requirements (like independence, confidentiality, etc.) are met rests with the engagement partner and senior team members.
Articles must comply with ethical requirements, but their accountability is internal, as they perform tasks under supervision.
So, while articled assistants are included in the engagement team per SA 220 and SQC 1, ultimate responsibility for ethical compliance lies with the qualified professionals leading the audit.
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