Menu

Deep Dive into Quality Management

Overview

Quality management will have a big impact on CPA firms. This course will cover both SQMS 1 and 2 as well as the related engagement level standards (SAS 146 and SSARS 26). The new standards will require a risk-based approach to quality management as well as the documentation of an information & communication process. SQMS 1 is required to be implemented at all accounting firms by December 15, 2025 but due to the size of the effort, firms should start their implementation process ASAP. SQMS 2 covers the appointment and eligibility of the engagement quality reviewer and the performance of the reviews. SAS 146 addresses the specific responsibilities of the auditor regarding quality management at the engagement level for an audit of financial statements and the related responsibilities of the engagement partner. SSARS 26 amends AR-C Sections to be consistent with these new standards. This two hour class will provide a deep dive into what you need to know to start your implementation process!

Objectives

  • Recall the components of quality management under SQMS 1
  • Recognize the objective of an engagement quality review under SQMS 2
  • Identify the specific responsibilities of the auditor regarding quality management under SAS 146

Highlights

  • SQMS 1 and 2
  • Auditing
  • Yellowbook

Register Now

Materials are generally available 3 days in advance of an event. Once you have downloaded the manual, we are unable to cancel your registration.

Event Code:

6811043

2 CPE Credits
Auditing: 2 Credits

Registration

Member Price:
$79
Non-member Price:
$109

Registration is open through 11/29.

Saturday, November 29th

9:00am to 10:48am

Add to Calendar

Instructor

Melisa Galasso