Description

Create a robust QM system based upon your firm’s needs

Statement on Quality Management Standards (SQMS) No. 1, A Firm’s System of Quality Management (ital), changes how quality management is approached, with emphasis on creating processes and policies tailored to your firm’s circumstances. The new risk assessment process is a key component to identifying and evaluating the likelihood and potential impact of various risks to your firm. This webcast will offer a practical approach to risk assessment, and to determining the responses — policies and procedures — to the quality risks facing the firm.

Target Audience

CPAs

peer reviewers

QM Directors

AICPA members

auditors

Course Objectives

Recognize the Steps to perform a quality Risk assessment.

Determine a firm’s Risk assessment plan.

Select responses to quality risks.

Identify how to monitor results.

Subjects

quality management

peer Review

audits

Risk assessment