ICAEW.com works better with JavaScript enabled.
ICAEW Insights In Focus

Countdown to ISQM 1 – is your practice ready?

Listen now
The words 'ICAEW INSIGHTS In Focus' and the ICAEW logo on a two-tone blue background

In this Insights In Focus special episode, we discuss the rollout of the International Standard on Quality Management (ISQM) and what firms need to do before ISQM 1 is implemented on 15 December 2022.

The aim of ISQM is to raise audit quality and encourage practitioners to think about the risks that may affect their work. But the imminent arrival of ISQM 1 has the potential to be tricky and time-consuming for practices – perhaps even prohibitively so at a time of economic uncertainty and volatility.

Host Iain Wright, ICAEW Managing Director, Reputation and Influence, discusses how firms and practitioners can navigate these issues with Louise Sharp, ICAEW Senior Technical Manager in Audit and Assurance; Catherine Hardinge, Technical Partner at Price Bailey; and Peter Hollis, owner of Hollis & Co.



Iain Wright


  • Catherine Hardinge, Partner, Technical, Price Bailey
  • Peter Hollis, owner and Principal, Hollis & Co
  • Louise Sharp, Senior Technical Manager, Audit and Assurance, ICAEW


Ed Adams

Episode first published: 16 November 2022

Podcast recorded: 11 November 2022

All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.