Document ID: chunk:federal_register_of_legislation:F2023C01118:body:0:p25
Version: federal_register_of_legislation:F2023C01118
Segment Type: other
Provision Reference: 
Character Range: 74077–76964

may differ from the definition set out in this ASQM.

Network (Ref: Para. 16(l), 48)

A19.         Networks and the firms within the network may be structured in a variety of ways. For example, in the context of a firm's system of quality management:

           * The network may establish requirements for the firm related to its system of quality management, or provide services that are used by the firm in its system of quality management or in the performance of engagements;

           * Other firms within the network may provide services (e.g., resources) that are used by the firm in its system of quality management or in the performance of engagements; or

           * Other structures or organisations within the network may establish requirements for the firm related to its system of quality management, or provide services.

For the purposes of this ASQM, any network requirements or network services that are obtained from the network, another firm within the network or another structure or organisation in the network are considered "network requirements or network services."

Personnel (Ref: Para. 16(n))

A20.         In addition to personnel (i.e., individuals in the firm), the firm may use individuals external to the firm in performing activities in the system of quality management or in the performance of engagements. For example, individuals external to the firm may include individuals from other network firms (e.g., individuals in a service delivery centre of a network firm) or individuals employed by a service provider (e.g., a component auditor from another firm not within the firm's network).

A21.         Personnel also includes partners and staff in other structures of the firm, such as a service delivery centre in the firm.

Relevant Ethical Requirements (Ref: Para. Aus 16.8, 29)

A22.         The relevant ethical requirements that are applicable in the context of a system of quality management may vary, depending on the nature and circumstances of the firm and its engagements. The term "member" may be defined in relevant ethical requirements. For example, the APESB Code defines the term "member" and further explains the scope of provisions in the APESB Code that apply to individual members in public practice and their firms.

A23.         The APESB Code addresses circumstances when law or regulation precludes the member from complying with certain parts of the APESB Code. It further acknowledges that some jurisdictions might have provisions in law or regulation that differ from or go beyond those set out in the APESB Code and that members in those jurisdictions need to be aware of those differences and comply with the more stringent provisions, unless prohibited by law or regulation.

A24.         Various provisions of the relevant ethical requirements may apply only to individuals in the context of the performance of