Participating Monitored Audit Firm - PMAF - Audit Quality Review Board (AQRB)

AQRB: Participating Monitored Audit Firm – PMAF

A PMAF is a firm who has:

• Entered into a 'Quality Control Form Agreement'
  
  

• Completed the 'Quality Control Report (QCR)', which is in the form of a questionnaire, as required by the above agreement.
  
  

• Entered into a 'Monitoring Agreement’.
  
  

• Paid the appropriate fees and participating fees as set out in the Rules of Operation (Clauses 3.2 and 7.)