The New Quality Management Standards - What Everyone Needs to Know

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