2024 MSCPA Annual Convention: Details

2024 Deep Dive into Quality Management

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Tuesday, November 5, 2024 @ 9:00am 10:48am
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Description

Quality management will have a big impact on CPA firms. This course will cover both SQMS 1 and 2 as well as the related engagement level standards (SAS 146 and SSARS 26). The new standards will require a risk-based approach to quality management as well as the documentation of an information & communication process. This two hour class will provide a deep dive into what you need to know to start your implementation process!

Prerequisites

Prior experience with GAAS

Highlights

Quality Management

Risk Assessment

SQMS

Objectives

  • Recall the components of quality management under SQMS 1
  • Describe the objective of an engagement quality review under SQMS 2
  • Identify the specific responsibilities of the auditor regarding quality management under SAS 146
  • Recall the responsibilities of the engagement partner in SSARS engagements

Preparation

None

Credits

Category Amount
Accounting&Auditing 2.00