. 2 When the relevant quality risk items are identified, how does the audit firm develop any procedures or processes to assess the level of quality risks? Please provide the details of followings
and to develop appropriate responses e.g., relevant policies and procedures. B14 Describe how the firm continually evaluates client relationships, other non-audit services, and specific engagements so
following questions: - Who does this? - How often is it done? - Have there been any such situations during the year? b. If “no,” describe how the firm monitors its independence with respect to clients with