Firms performing Audit and review services of financial statements and other Assurance and related services, have to comply with International Standards on Auditing [ISAs] and other pronouncements of the International Auditing and Assurance Standards Board (IAASB), at the global level. Firms dealing with Audit / Review services are required to design, implement and maintain a system of quality management to manage the quality of engagements performed by the firm.

 VMS has experience in planning and implementing the System of Quality Management for Audit & Assurance firms, especially with International Audit Firms as per the compliance requirements of IAASB.