Setting a New Standard for Quality: Practical Guidance to Implement the AICPA's New Quality Management Standards

Overview

The AICPA issued new Quality Management Standards that require all accounting firms that perform audit, review, compilation, attestation, and agreed-upon procedures engagements to comply with the enhanced Quality Management Standards by December 15, 2025.

The most significant change in the new Quality Management Standards is the requirement that firms identify and assess quality risks specific to their practices and then design and implement responses to each identified quality risk.

This program will help you understand the new Quality Management Standards, provide practical guidance for adoption, and respond to the requirements of the new Quality Management Standards.

Highlights

• ??????Quality Management Standards
• Risk Management
• Compliance and Adoption

Prerequisites

None

Designed For

Practitioners responsible for quality at accounting firms that perform audit, review, compilation, attestation, and agreed-upon procedures engagements

Objectives

• Explain the impact of the new Quality Management Standards on firms
• Outline an adoption plan for the new Quality Management Standards
• Respond to the requirements of the new Quality Management Standards

Preparation

None