New Quality Management Standards: What’s New for Firms’ Monitoring and Remediation Processes (X3-4537020)

With an emphasis on more proactive and continual improvement, the monitoring and enforcement of quality management (QM) systems for audit and accounting practices have changed. The revised QM standards take a proactive approach to quality management, with an increased emphasis on monitoring, remediation and improvement. Firms are now required to evaluate their system and annually conclude on its effectiveness. This is the third webcast in a four-part series on the Auditing Standard Board’s (ASB) new quality management standards. In this webcast, you’ll take a deep dive into the monitoring and remediation component of the ASB’s Statement on Quality Management Standards (SQMS) No. 1, A Firm’s System of Quality Management..

DESIGNED FOR

CPAs peer reviewers QM Directors AICPA members auditors

BENEFITS

HIGHLIGHTS

COURSE LEVEL

Basic

PREREQUISITES

None