The new quality management standards will significantly impact most accounting firms with an assurance practice. Is your firm ready for these robust changes? Participants who attend this course will learn about these changes and available resources.
Learning Objectives
Upon completion of this course, you will be able to: • Recognize how the quality management standards will impact an accounting firm’s practice.
• Identify the differences between the existing quality control standard (Quality Control Standard No. 8) and the new quality management standards
• Recall the types of engagements outside the scope of the quality management standards
Major Topics
Learn about the new risk-based approach to quality management and the impact to engagement partners, engagement teams, and engagement quality reviewers.