Introduction
With the new ISQM updates in place from 15 December 2022. We know just how important it is for you to better understand the theory of these, as well as how to put these in to practice. So come along to our hands on webinar which will cover theory, examples and an ACCA perspective.
About this webinar
Part 1 - Setting the scene: what motivated IAASB to develop the QM suite of standards?
Part 2 - A deep dive into ISQM 1, ISQM 2 and ISA 220, with examples.
Part 3 - A perspective from ACCA Practice Monitoring.
Key features
- Introduction to Quality Management Standards
- ISQM 1 – quality management for firms that perform audits or review of financial statement or other assurance or related service engagements
- System of Quality Management
- Risk assessment process
- Governance and leadership
- Relevant ethical requirements
- Acceptance and continuance of client relationships
- Engagement performance
- Resources
- Information and communication
- Monitoring and remediation
- Root cause analysis
- ISQM 2 – engagement quality review
- ISA 220 revised – quality management for an audit of financial statements.
Speakers
Michael Scott
Director, PCP
Chun Wee Chiew
ACCA Policy and Insights Lead for Asia Pacific
Louis Theodotou
Lead of Global Assurance Team in ACCA Practice Monitoring