New Quality Management Standards: Bringing It All Together - Exploring All Components of a Quality Managem

Wednesday, February 12, 2025
Webcast or Webinar, Online
1:00 PM - 2:00 PM (opens at 12:30PM) EST
1Credits
Accounting and Auditing

Registration is Open

Members
$71.00 Regular Price
Non-Members
$82.00 Regular Price

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Course Type: Webcast
Course Code: 24/AI537033
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Auditing

Overview:

Pull together all components for an effective and tailored QM system (bold)

For a quality management (QM) system to be successful, it needs achievable objectives and tailored processes in place to enable the performance of quality engagements. It also needs clearly articulated roles and responsibilities and the ability to identify, evaluate, and correct deficiencies.

The revised QM standards are designed to emphasize firm leadership's responsibility for proactively managing quality, strengthening a firm's monitoring and remediation processes, and advancing the ability of the firm to tailor its system of quality management to the nature and circumstances of the firm.

To succeed under these new standards, you'll need to know how to set up a functioning QM system that will help your firm identify and address risks for its audit and assurance practice.

Fourth in a four-part webcast series (bold)

This is the fourth webcast in a four-part series on the Auditing Standard Board's (ASB) new Quality Management Standards and looks at how to create an effective QM system. You'll take a deep dive into aspects of the ASB's Statement on Quality Management Standards (SQMS) No. 1, A Firm's System of Quality Management (ital).

Attendance in each webcast in this four-part series will earn you one CPE credit. You can participate in one or all based on your interest in the topics. A rebroadcast of this webcast is scheduled for Dec.15, 2022, at 2:00pm ET.

Objectives:

  • Apply the requirements of SQMS 1.
  • Design and implement a system of quality management

Major Topics:

  • Quality management
  • Peer review
  • Audits
  • Major Topics:

  • Quality management
  • Peer review
  • Audits
  • Designed For:

  • CPAs
  • Peer reviewers
  • QM directors
  • AICPA members
  • Prerequisites:

    none