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What's new in quality management

The webinar covers what’s changing in quality management and what you need to do about it.

New standards on quality management ISQM 1 and 2 will replace and expand upon ISQC 1 and ISA 220 will also be updated, as well as quality management at the engagement level.

The International Auditing and Assurance Standards Board (IAASB) has published exposure drafts for the new standards which cover a firm's responsibilities to design, implement and operate a system of quality management for audits, reviews and other assurance or related services engagements, as well as responsibilities for engagement quality reviews.