Event Registration - North Dakota CPA Society
AICPA New Quality Management Standards: A Practical Approach to Risk Assessment and Response
7/1/2025
12:00 PM - 2:00 PM CST


Location: Online





Event Description
Description:
  • Create a robust QM system based upon your firm’s needs
  • 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. 

Field of Study: Auditing
Credits: 2 CPE
Level: Basic
Prerequisites: None

Who should attend:
  • CPAs
  • Peer Reviewers
  • QM Directors
  • AICPA Members 
  • Auditors
Key Topics:
  • Quality Management 
  • Peer Review
  • Audits
  • Risk Assessment
Objectives:
  • 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.
Instructors: Joe Lynch, Jeff Rapaglia, Ahava Goldman, Sherry Chesser