Implementacion de la NICC 1 en la firma DM Auditores y Consultores SAS

Abstract

Due to the different financial scandals, every day the role of the public accountant and his ethics in the development of his assignments becomes important, it is not only to comply with the existing regulations; but to provide added value to the service that is being provided. The quality of the work depends not only on the expertise you have, but on your ethics and your training as a person, which allow you to have the discernment and professional judgment to act correctly, or at least stop you and force you to analyze certain situations that may affect. This business practice aims to implement a quality control system in the audit firm DM AUDITORES Y CONSULTORES SAS, based on the international quality control standard NICC 1, providing this company with a tool for the development of its audit work and tax audit, allowing you to be competitive in the market, improve your processes, centralize information and organize your documents. The implementation of this system will be carried out by performing a diagnosis of the firm that will allow us to identify each of the elements of the international quality control standard NICC 1, evaluating the existing processes, procedures, policies and documents. After this, and after identifying the percentage of progress of the firm in this regard, a work schedule will be made for the application of the international standard, which will include the preparation of formats and the approval of the policies by the partners of the firm. Thus, a quality control management system with a code of ethics and a manual with policies, procedures and formats will be delivered to the firm to comply with international standards and the regulations in force in the country.