JICPA Publishes an Overview of the Quality Control Review for the Year Ending March 31, 2007
August 08, 2007
On July 6, JICPA published an overview of the Quality Control Committee's review of quality control for the year ending March 31, 2007.
This year, 137 audit firms were reviewed out of 467 firms subject to quality control review by JICPA. Quality control review reports and recommendation reports were issued to 142 firms, including nine firms from the previous review period. Of these 142 firms, a qualified conclusion was expressed to 69 firms, and a negative conclusion to two.An English translation of this report will be available soon.