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New Quality Management Standards: What’s New for Firms’ Monitoring and Remediation Processes

  • 12/13/2022
  • 2:00 PM - 3:00 PM



Boost quality management through improved processes 

With an emphasis on more proactive and continual improvement, the monitoring and enforcement of quality management (QM) systems for audit and accounting practices have changed.

The revised QM standards take a proactive approach to quality management, with an increased emphasis on monitoring, remediation and improvement. Firms are now required to evaluate their system and annually conclude on its effectiveness.

Third in a four-part webcast series 

This is the third webcast in a four-part series on the Auditing Standard Board’s (ASB) new quality management standards. In this webcast, you’ll take a deep dive into the monitoring and remediation component of the ASB’s Statement on Quality Management Standards (SQMS) No. 1, A Firm’s System of Quality Management .

Learning Objectives: 

  • Quality management

Discussion Topics:

  • Identify the steps to perform a Quality Risk assessment.

Level: Basic

Instructor: Sherry Chesser,Jeffrey Rapaglia,Alan Long

Developer: AICPA

CPE Credits: 1

Area of Study: Auditing

Prerequisite: None

Who Should Attend: CPAs 

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