Statement on Quality Management Standards (SQMS) No. 1, A Firm’s System of Quality Management (ital), changes how quality management is approached, with emphasis on creating processes and policies tailored to your firm’s circumstances. The new risk assessment process is a key component to identifying and evaluating the likelihood and potential impact of various risks to your firm. This webcast will offer a practical approach to risk assessment, and to determining the responses — policies and procedures — to the quality risks facing the firm.
DESIGNED FOR
CPAs
peer reviewers
QM Directors
AICPA members
auditors
BENEFITS
- Recognize the steps to perform a quality risk assessment.
- Determine a firm’s risk assessment plan.
- Select responses to quality risks.
- Identify how to monitor results.
HIGHLIGHTS
Quality management
Peer review
Audits
Risk assessmentCOURSE LEVEL
Basic
PREREQUISITES
None