Baker Tilly International Quality Standard

We require, as a condition of membership, that members deliver professional services in accordance with the Baker Tilly International Quality Standard and other relevant technical and regulatory standards. The Baker Tilly International Quality Standard requires members to conduct all aspects of their business to the highest professional standards, to maintain integrity and to keep in good standing in their local business community.

Each member should comply with all national standards applicable to all aspects of their work. These include auditing, independence and any other standards issued in a member’s location which have an impact on their work.

Members are also expected to comply with the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants and to carry out audits to standards no lower than those contained in the International Audit and Assurance Standards Board’s (IAASB) International Standards on Auditing (ISAs).

Member firms are also required to maintain a centrally-held list of companies considered ‘restricted’ because of an audit relationship.

Baker Tilly International and its member firms are full members of the Forum of Firms having met international quality and ethics requirements. The objective of the Forum of Firms is to promote consistent and high quality standards of financial and auditing practices worldwide. Organisations which are members of the Forum of Firms have confirmed that they:

  • Have policies and methodologies with respect to transnational audits that are based, to the extent practicable, on ISAs and conform to the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants and national codes of ethics
  • Maintain appropriate quality control standards in accordance with International Standards on Quality Control (ISQC) in addition to relevant national standards
  • Conduct, to the extent not prohibited by national regulation, regular, globally coordinated internal quality assurance reviews.

Quality assurance

Our code of conduct and shared values set the tone of Baker Tilly International, providing us with a clear set of standards that influence everything we do.

Member firms are subject to continuous monitoring via the annual submission of information relating to their practice.

Member firms conduct their business within the framework of their internal policies which comply with applicable professional standards, laws and regulations. Each member is responsible for its risk and quality performance and, where necessary, for driving change and improvement.

The Baker Tilly International Quality Assurance Review Programme is part of the overall quality assurance procedures of Baker Tilly

International. Under this programme, member firm reviews are carried out under a risk-based cyclical programme, and member firms are subject to review more frequently should their structure or business focus materially change.

Led by a full-time centralised team, the review programme covers all aspects of a member firm’s operations and service delivery.

Member firms design and implement action plans as they deem appropriate based on the results of the review. These are reviewed by Baker Tilly International and, depending on the circumstances, may result in a further review of all or part of a member firm’s procedures. Failure to comply with the Baker Tilly International Quality Assurance Programme may result in a member’s dismissal from the network.

In 2016 the network created the role of CQO. The CQO is responsible for overseeing the expansion of the network’s quality assurance programme, developing and implementing Global Focus – the network’s common audit methodology – and further enhancing the network’s leadership role within the industry. This new leadership position supports the continuous improvement and integration of quality practices across the network and significantly enhances our ability to delivery longterm sustainable growth.