QuestionsCategory: CA-Final Peer ReviewProcedure to be followed by the QEB: lay down the procedure of evaluation criteria to evaluate various services being provided by the members of the institute and to select in such manner and form as it may decide,the individual and firms rendering such services for review.sir explain..
Ashish PatelAshish Patel asked 6 years ago
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Best Answer
RaviRavi Staff answered 6 years ago

Quality Review Board decides how ca firms or individuals should be selected for review. they also determine how they will be evaluated what will be benchmark / criteria for quality of work done. QRB generally keeps Standards on Auditing / Accounting Standards / Sch III as criteria to evaluate quality of work done by professionals.