The AICPA issued the new Quality Management Standards as a part of its overall quality improvement initiative. This course will highlight the foundational principles within the new approach that everyone in the CPA firm should know.
Product Code
1000005129-141180
Credit Type
CPE: 2
CPE-AA: 2
CPE-Technical: 2
Intended Audience
CPAs and other financial professionals preparing the type of work described.
NASBA Field of Study
Auditing
Level of Difficulty
Intermediate
Prerequisites
none
Advance Preparation
None
Learning Objectives
Recall key elements of recent guidance on implementing the AICPA’s new quality management standards that would have the greatest impact on improving the quality of audit and attest services
List the foundational principles in the new Quality Management Standards that should be consistently applied by those performing audit and attest services
Major Subjects
Overview of the new quality management standards
Focus on the most important elements of a quality management system
Implementation tips that everyone in the firm should know