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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.

Date Thursday, December 8, 2022
Time 1:00pm - 2:00pm
Central Time
Location Online
CPE credits CPE 1.0
Field(s)
of study
Auditing - Technical (1.0)
Fees
Standard Member Fee $65.00
Standard Nonmember Fee $76.00

Description

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.

Who should take this program?

CPAs

Major subjects

  • Quality management

Learning objective(s)

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

Notes:

Course code Code 22WI-0427
Sponsor AICPA
NASBA ID#: 112891
Level Basic
Format Group Internet Based
Prerequisites Prereq. None
Advance
prep
None

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

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