New Quality Management Standards: Resources -- Expectations for Firms and Engagement Partners
Tuesday, July 8, 2025
Noon-1 p.m. Central
1 CPE (1 technical)
Course code: 25WI-0114
View pricing
Online registration is not available due to server maintenance.
Please call 952-831-2707 between 7:30 a.m. and 4:30 p.m. Central to register.
Leverage resources for optimal QM performance
Managing a firm's resources to achieve the objectives of a quality management (QM) system involves planning, maintaining, scheduling, and allocating resources in ways that are best for each firm -- but the system needs to use and leverage resources effectively.
In this webcast, you'll gain a better understanding of how firms can design and operate their QM systems to appropriately manage resources -- human, technological, intellectual, and financial. Managing resources is not only about the quantity available but also having the correct proportion of each resource to perform quality engagements.
These revised standards strengthen an engagement partner's responsibilities for quality management at the engagement level and may positively change aspects of corporate culture.
Second in a four-part webcast series
This is the second webcast in a four-part series on the Auditing Standard Board's (ASB) new quality management standards. You'll take a deep dive into the resource component of the ASB's Statement on Quality Management Standards (SQMS) No. 1, A Firm's System of Quality Management, and the engagement partner's responsibility for resources under Statement on Auditing Standards (SAS) No. 146, Quality Management for Engagements Conducted in Accordance with Generally Accepted Auditing Standards.
Attendance in each webcast in this four-part series will earn you one CPE credit. You can participate in one or all based on your interest in the topics.
Major subjects
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Quality management
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Peer review
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Audits
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Risk assessment
Learning objectives
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Identify the four kinds of resources needed to maintain quality management systems
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Recognize who is included and excluded on an engagement team
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Distinguish between internal and external human resources
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Recognize service providers and what they offer firms
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Assess the engagement partner's responsibility for quality management at the engagement level
Who should take this program?
- CPAs, peer reviewers, QM Directors, AICPA members and auditors
Pricing
|
Standard Member Fee |
$75.00
|
 Standard Nonmember Fee |
$89.00
|
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