New AICPA Quality Management Standards: Implementing a Compliant and Effective Quality Management System
Recording of a 110-minute CPE video webinar with Q&A
This webinar will address the requirements of the AICPA's Auditing Standards Boards' new quality management standards. Our panel of CPAs will review the components of the latest standards, explain how the requirements vary based on the size and type of engagement, and provide recommendations for establishing an effective quality management system.
Outline
- New AICPA Quality Management Standards: introduction
- SQMS No. 1 - A Firm's System of Quality Management
- SQMS No. 2 - Engagement Quality Reviews
- SAS No. 146 - Quality Management for an Engagement Conducted in Accordance with GAAS
- SSARS No. 26 - Quality Management for an Engagement Conducted in Accordance with SSARS
- Recommendations to facilitate implementation of a new quality management system
Benefits
The panel will cover these and other critical issues:
- Identifying an engagement partner and a quality control reviewer
- Scaling audit risk procedures based on the nature of an engagement
- Tips for effectively implementing a compliant and effective quality management system
- Documenting the system of quality management
- Monitoring and annual evaluation requirements
Faculty
Marcy Johnson
Managing Director
Grant Thornton
Ms. Johnson is the Managing Director, National Audit Quality and Risk at Grant Thornton LLP (US).
| Read MoreMs. Johnson is the Managing Director, National Audit Quality and Risk at Grant Thornton LLP (US).
CloseDuane M. Reyhl, CPA, CGMA
Partner
Andrews Hooper Pavlik
In addition to his work supervising and performing audit and accounting engagements, Mr. Reyhl authored an AICPA... | Read More
In addition to his work supervising and performing audit and accounting engagements, Mr. Reyhl authored an AICPA self-study peer review course. He has 38 years of accounting experience, including six years as technical director for the California Society of CPAs' peer review program.
CloseAccess Anytime, Anywhere
CPE credit is not available on downloads.
CPE On-Demand