Parker Russell International's certified chartered acoountant member firms comply with the professional standards appropriate to their respective countries and adhere to the following international standards: Parker Russell International's certified chartered accountant member firms comply with the professional standards appropriate to their respective countries and adhere to the following international standards: Conduct, or have an interest in conducting, transnational audits; Promote the consistent application of high-quality audit practices and standards worldwide; Support convergence of national audit standards with the International Standards on Auditing (ISAs) issued by the International Auditing and Assurance Standards Board (IAASB); Demonstrate commitment to the the FoF’s membership obligations as detailed below. Membership Obligations Members of the Forum commit to the following: Maintain quality control standards in accordance with the International Standard on Quality Control (ISQC 1) issued by the IAASB in addition to relevant national quality control standards; Conduct, to the extent not prohibited by national regulation, regular globally coordinated internal quality assurance reviews; Have policies and methodologies for the conduct of transnational audits that are based, to the extent practicable, on the International Standards on Auditing (ISAs) issued by the IAASB; Have policies and methodologies that conform to the IESBA Code of Ethics for Professional Accountants and national codes of ethics; and Agree to submit to the Secretary of the Forum an annual report, in an approved format, indicating that it meets the membership obligations set forth above. A globally coordinated quality monitoring and review program supports member firms in the maintenance of these standards. Forum of Firms Parker Russell International is a member of the Forum of Firms. The forum is an association of international networks of accounting firms. Its goal is to promote consistent and high-quality standards of financial reporting and auditing practices worldwide.