Chapter Sixteen - Consultations
[Chapter 16 tailoring comments:
ISQC1 requires firms to establish policies and procedures designed to provide it with reasonable assurance that:
(a) Appropriate consultation takes place on difficult or contentious matters;
(b) Sufficient resources are available to enable appropriate consultation to take place;
(c) The nature and scope of such consultations are documented; and
(d) Conclusions resulting from consultations are documented and implemented.