Governance & policies
How the firm governs its own work.
Quality management standards govern how assurance work is performed. They are not services we sell — they are the framework everything else is delivered inside.
ISQM 1
A system of quality management, documented and monitored.
We have established a System of Quality Management designed to identify and respond to quality risks in the performance of audit and assurance engagements. It operates across eight components, each with defined objectives, responses and monitoring.
Governance and Leadership
Partner-level accountability for quality, with responsibility assigned by name.
Ethical Requirements and Independence
Independence confirmed, monitored and documented on every engagement.
Client Acceptance and Continuance
Deliberate decisions about which engagements the firm takes on, and keeps.
Engagement Performance
Methodology, supervision, review and consultation applied consistently.
Resources
People, technology and intellectual resources matched to the engagement.
Information and Communication
Information flows within the firm and with those charged with governance.
Monitoring and Remediation
Ongoing monitoring, root-cause analysis of findings, and remediation that is tracked to completion.
ISQM 2
Engagement quality reviews
ISQM 2 governs the appointment and eligibility of engagement quality reviewers and the performance and documentation of the review itself. Where an engagement requires a review, it is completed before the report is dated.
Eligibility
Reviewers are appointed on competence, experience and independence from the engagement team.
Objective evaluation
Significant judgements and the conclusions reached are evaluated independently of the team that made them.
Timing
The review is completed before the engagement report is dated and issued.
Documentation
The nature, timing and extent of the review are documented within the engagement file.
ESG Policy
Environmental, social and governance commitments.
The firm’s ESG policy sets out the commitments we hold ourselves to as an organisation, and the standards we expect in the relationships we enter into.
Environmental
- Environmental responsibility
- Efficient use of resources
- Reduction of environmental impact
- Sustainable business practices
Social
- Employee welfare
- Diversity and inclusion
- Human rights
- Community engagement
- Health and safety
- Ethical business relationships
Governance
- Ethical conduct
- Corporate governance
- Independence
- Transparency and accountability
- Anti-corruption
- Risk management
- Compliance
Contact
Need our governance documentation for a tender?
We can provide the firm’s quality management and ESG documentation on request for procurement and prequalification submissions.