DHG’s Comment Letter Response to Auditing Standards Board’s Proposed Quality Management Standards

Dixon Hughes Goodman LLP (DHG) has responded to the Auditing Standards Board’s (ASB) invitation to comment on its Proposed Statements on Quality Management Standards A Firm’s System of Quality Management and Engagement Quality Reviews and the Proposed Statement on Auditing Standards Quality Management for an Engagement Conducted in Accordance With Generally Accepted Auditing Standards.

Overall, DHG is supportive of the ASB’s efforts in advancing the quality control standards by incorporating a new quality management approach focusing on proactively identifying and responding to risks to quality. We commend the ASB for their efforts in developing scalable standards that consider views from firms of all sizes while aligning with the International Auditing and Assurance Standards Board (IAASB) standards. We also stress the importance of convergence with other global standard setters and regulators, including the Public Company Accounting Oversight Board (PCAOB), to promote consistency and alignment of requirements of the quality management standards and to minimize unnecessary differences or incremental efforts without a corresponding benefit to audit quality.


Jennifer Bodden
Senior Manager
Professional Standards Group

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