Overview
The AICPA issued the new Quality Management Standards as a part of its overall quality improvement initiative. This course will highlight the foundational principles within the new approach that everyone in the CPA firm should know.
Objectives
- Recall key elements of recent guidance on implementing the AICPA’s new quality management standards that would have the greatest impact on improving the quality of audit and attest services
- List the foundational principles in the new Quality Management Standards that should be consistently applied by those performing audit and attest services
Highlights
- Overview of the new quality management standards
- Focus on the most important elements of a quality management system
- Implementation tips that everyone in the firm should know
- Audit and attest standards impacted
