Event Registration - North Dakota CPA Society
AICPA New Quality Management Standards: Bringing It All Together — Exploring All Components of a Quality Management System
7/22/202512:00 PM - 1:00 PM CST
Location: Online
Event Description
The newly-issued Statement on Quality Management Standards No. 1 requires firms to design, implement and operate a new system of quality management by December 15, 2025. Start now by learning what you need to know to be in compliance with the new standards and pass your peer review!
Description:
Credits: 1 CPE
Level: Basic
Prerequisites: None
Who should attend:
Instructors: Sherry Chesser, Jeff Rapaglia, Alan Long
Description:
- Pull together all components for an effective and tailored QM system
- 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
- 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.
- 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.
Credits: 1 CPE
Level: Basic
Prerequisites: None
Who should attend:
- CPAs
- Peer Reviewers
- QM Directors
- AICPA Members
- Quality Management
- Peer Review
- Audits
- Risk Assessment
- Apply the requirements of SQMS 1.
- Design and implement a system of quality management
Instructors: Sherry Chesser, Jeff Rapaglia, Alan Long
