Now let’s look at
Quality Control
. What I ask you to think about is that quality control is a try, and
why is a try? Quality control the very top, it’s talking about people being able to trust, people be
able
to believe, financial statements. So, you are looking at from the eyes of the user, of an outsider.
So, can
an outsider, can an investor, trust financial statements? So, auditing as a quality control devise
means
Auditing
helps
trust,
without
it,
there
is
less
trust.
And
less
outsiders
trust
financial
statements,
outsiders and investors will not invest their money and companies cannot grow, the economy
may
stop. Ok, how do we get to the position of trust?
There are two supports: quality process and
quality approach.
When you thinking quality process, I want you to think about
law and rules
, they
are all key issues. And cause the three
??? that would ??? come to my mind and start talking
about
laws or rules: the accounting standards, the law and rules, how do accountants prepare
financial
statements? These are the rules that you must obey, then as the Corporation Law which again
