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Quality Management Standards Resources

Updated Nov. 5, 2024 | Article added

Significant changes are coming to the system of quality management after new standards were approved by the AICPA Auditing Standards Board in May 2022. These changes apply to all firms performing any engagement included in a firm's accounting and auditing practice.

This resources page will be continuously updated leading to the Dec. 15, 2025, implementation dates for the new standards.

 

Archived webinars

 

Quality Management Standards: Tackling the System DesignQuality Management Standards: Tackling the System Design

Speaker: Faye Hayhurst, MNCPA
May 22, 2024 | 01:16:13

 

Quality Management Standards: On Track for ImplementationQuality Management Standards: On Track for Implementation

Speaker: Faye Hayhurst, MNCPA
Dec. 7, 2023 | 50:42

 

Articles

AICPA board approves update to peer review standards
Journal of Accountancy
Nov. 5, 2024

Is your firm’s new quality management system on target for Dec. 2025?
MNCPA
Oct. 31, 2024

Quality management: Details of a standard-setting journey (podcast)
Journal of Accountancy
June 13, 2024

New SSAE caps standards related to quality management
Journal of Accountancy
May 15, 2024

AICPA seeks comments on proposed changes to QM standards
Journal of Accountancy
Sept. 1, 2023

AICPA issues SAS 149 and SQMS No. 3
Wolters Kluwer
March 8, 2023

Latest peer reviews show continued improvement
Diana L. Weddigen, CPA, Lewis, Kisch & Associates, Ltd.
Nov. 29, 2022

Implementing the new Statement on Quality Management Standards requires a plan 
Faye Hayhurst, CPA, MNCPA director of finance and administration
Sept. 30, 2022

 

Blogs

QM standards: It’s not too late to make sure you’re on time
Faye Hayhurst, CPA, MNCPA director of finance and administration
June 3, 2024

SQMS: First steps to implementing the new quality management standards 
Faye Hayhurst, CPA, MNCPA director of finance and administration
Aug. 17, 2022

Auditing Standards Board approves significant changes in firm quality standards
​Faye Hayhurst, CPA, MNCPA director of finance and administration
May 13, 2022
 

Resources

SQMS 1 Responsibilities and Understanding the Firm template (XLSX)

Quality Management news, resources (AICPA login required)

SQMS updates at the MNCPA Annual Meeting | Video
Sara Lord, CPA, RSM US LLP 
Aug. 17, 2022

 

Other SQMS CPE options