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22WI-0427: New Quality Management Standards: Resources -- Expectations for Firms and Engagement Partners (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Thursday, December 8, 2022
1:00pm - 2:00pm Central Time
1 CPE (1 technical)

Leverage resources for optimal QM performance

Managing a firm's resources to achieve the objectives of a quality management (QM) system involves planning, maintaining, scheduling, and allocating resources in ways that are best for each firm -- but the system needs to use and leverage resources effectively.

In this webcast, you'll gain a better understanding of how firms can design and operate their QM systems to appropriately manage resources -- human, technological, intellectual, and financial. Managing resources is not only about the quantity available but also having the correct proportion of each resource to perform quality engagements.

These revised standards strengthen an engagement partner's responsibilities for quality management at the engagement level and may positively change aspects of corporate culture.

Second in a four-part webcast series
This is the second webcast in a four-part series on the Auditing Standard Board's (ASB) new quality management standards. You'll take a deep dive into the resource component of the ASB's Statement on Quality Management Standards (SQMS) No. 1, A Firm's System of Quality Management, and the engagement partner's responsibility for resources under Statement on Auditing Standards (SAS) No. 146, Quality Management for Engagements Conducted in Accordance with Generally Accepted Auditing Standards.

Major subjects

  • Quality management

Learning objective(s)

  • Identify the four kinds of resources needed to maintain Quality management systems.

Who should take this program?

CPAs

Fees

Our records indicate you are a nonmember. If you register, you will be charged $76.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $65.00
checkmark Standard Nonmember Fee $76.00

More program information

Location Online
Area
of study
Accounting & audit
Field(s)
of study
Auditing - Technical (1.0)
Level Basic
Format Group Internet Based
Sponsor AICPA
NASBA ID#: 112891
Prerequisites Prereq. None
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.