Professional Oversight

At Legislative Audit, our goal is to deliver the highest quality audit services possible to the Arkansas citizens we are privileged to serve.

Legislative Audit is a member of the American Institute of Certified Public Accountants' (AICPA) Government Audit Quality Center.  We are committed to adhering to the highest quality standards by voluntarily agreeing to the Center's membership requirements, which include designating a partner responsible for the quality of our governmental audit practice, establishing quality control programs, performing ongoing monitoring procedures, and making our peer review report findings publicly available.

Quality Assurance Section

Government Auditing Standards and the AICPA’s Quality Control Standards require audit organizations to have an appropriate internal quality control system in place that encompasses the audit organization’s leadership, its emphasis on quality work, and its design of policies and procedures to provide reasonable assurance of compliance with professional standards and applicable legal and regulatory requirements.

Our Quality Assurance Section, reporting directly to the Legislative Auditor, is responsible for confirming adherence to professional standards through independent, ongoing monitoring and inspection of selected audit and attest reports and the related engagement documentation. This section also reviews continuing professional education activities to assure that professional staff maintain the competencies and capabilities necessary to perform engagements in compliance with professional standards and regulatory and legal requirements. Other responsibilities include reviewing relevant literature issued by auditing and accounting authoritative bodies; communicating with professional staff important new or amended standards; and providing assistance in the implementation of accounting and auditing standards.

External Quality Control Review (Peer Review)

Government auditing standards require that, “...audit organizations conducting government audits should have an appropriate internal quality control system in place and undergo an external quality control review”.  Quality control policies and procedures continually monitor the quality of work to provide reasonable assurance of conformity with generally accepted auditing standards and government auditing standards.

In  addition to Quality Control policies and procedures, an external quality control review (peer review) is performed every three years by the National State Auditors Association’s external peer review team. The most recent peer review was for the year ended June 30, 2015. This report, dated September 25, 2015, reflects that our system of quality control is suitably designed and provides reasonable assurance of compliance with applicable standards.  You can read the opinion letter here.