Quality Management Standards Resources
Updated Sept. 16, 2024 | CPE updated
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.
Featured Event
24SR-P048: Implementing the New Quality Management Standards: Time to Get to Work (Virtual)
Wednesday, Oct. 30, 2024
8-11:45 a.m. Central
4 CPE (4 technical)
This seminar will take a dive deep into the eight components of an SQM, providing practical examples of how to apply them in real-world situations. Gain a solid foundation to start building your firm's SQM and explore the AICPA's guidance specifically tailored for sole practitioners and smaller firms.
Archived webinars
Quality Management Standards: Tackling the System Design
Speaker: Faye Hayhurst, MNCPA
May 22, 2024 | 01:16:13
Quality Management Standards: On Track for Implementation
Speaker: Faye Hayhurst, MNCPA
December 7, 2023 | 50:42
Articles
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 | Blog
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
