The QRC shall have the following functions:
a. Conduct quality control review on
applicants for registration to
practice public accountancy and
render a report on such quality
review.
b. Mete out sentences of imprisonment to
CPAs who fail to present a valid system of
quality control.
c. Revoke the certificate of registration and
professional ID of an individual CPA, firm,
or partnership of CPAs who have not
observed quality control measures and
who has not complied with the standards
of quality prescribed for the practice of
public accountancy.
d. All of these
a. Conduct quality control review on
applicants for registration to
practice public accountancy and
render a report on such quality
review.
b. Mete out sentences of imprisonment to
CPAs who fail to present a valid system of
quality control.
c. Revoke the certificate of registration and
professional ID of an individual CPA, firm,
or partnership of CPAs who have not
observed quality control measures and
who has not complied with the standards
of quality prescribed for the practice of
public accountancy.
d. All of these