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Webinar (AICPA): New Quality Management Standards: All You Need to Know About the Firm’s Risk Assessment Process

Description

Create a robust QM system based upon your firm’s needs (bold)

Recently issued 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 needs. The new risk assessment process is a key component to identifying and evaluating the likelihood and potential impact of various risks to your firm.

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 their circumstances. The first step in the path to success in implementing these new standards is understanding them.

First in a four-part webcast series (bold)

This is the first webcast in a four-part series on the Auditing Standard Board’s (ASB) new quality management standards.

Starting with the risk assessment process, you’ll dive into the components of the ASB’s SQMS No. 1.

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. 6, 2022, at 2pm ET.

Learning Objectives

Identify the steps to perform A Quality risk assessment.

Major Topics

Quality management

Provider
AICPA - Durham
Course Level
Basic
CPE Field of Study
Auditing
1
Who Should Attend

CPAs

Prerequisites

None

Advanced Preparation

This webinar is produced by AICPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Location
Webinar
Event Information
When
Dec 6, 2022
12:00 pm - 1:00 pm MDT
Location
Webinar
Total CPE Credits
1
Format
Webinar

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Webinar (AICPA): New Quality Management Standards: All You Need to Know About the Firm’s Risk Assessment Process


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