Russell Bedford International
Established in 1983, Russell Bedford International is an international network of independent firms of accountants, auditors, tax advisors, and business consultants. Ranked as one of the world’s top accounting networks, Russell Bedford International is represented by some 700 partners, over 6,500 members of staff, and 350 offices in more than 100 countries in Europe, the Americas, the Middle East, Africa, and Asia-Pacific. Russell Bedford International was also named among the first 17 full members of the IFAC Forum of Firms in January 2008. The Forum is an association of international audit networks, and its goal is to promote consistent and high-quality standards of financial reporting and auditing practices worldwide.
Through the close personal and business relationships we have developed with the other member firms, we can provide our clients with financial and business consulting services worldwide.
Audit Quality Control
Quality, integrity, and independence: our minimum standards for transnational audits. As a global audit network, Russell Bedford International is committed to quality, integrity, and independence.
After several years of dedicated effort and significant financial investment, we have successfully developed and implemented a globally coordinated system for monitoring the audit quality control standards of our member firms.
We have policies and procedures, backed by rules and bye-laws, that require member firms conducting transnational audits to:
- Maintain appropriate quality control standards in accordance with International Standards on Quality Control, issued by the International Auditing and Assurance Standards Board (IAASB), in addition to relevant national quality control standards;
- Participate in the networks audit quality control review program;
- Have policies and methodologies for the conduct of audits based, to the extent practicable, on International Standards on Auditing;
Have systems and methods in place that, as a minimum, conform to the International Federation of Accountants (IFAC) Code of Ethics for Professional Accountants and national codes of ethics.