Webinar

Deep Dive Into Quality Management

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

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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!

Major subjects

• SQMS 1 and 2
• Auditing
• Yellowbook

Learning 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

Who should take this program?

• Accounting Professionals

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $79.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.