2024 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. This two hour class will provide a deep dive into what you need to know to start your implementation process!

Highlights

Quality Management

Risk Assessment

SQMS

Prerequisites

Prior experience with GAAS

Designed For

Accounting professionals

Objectives

• Recall the components of quality management under SQMS 1
• Describe the objective of an engagement quality review under SQMS 2
• Identify the specific responsibilities of the auditor regarding quality management under SAS 146
• Recall the responsibilities of the engagement partner in SSARS engagements

Preparation

None

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by ACPEN. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.