ISQM - Improving Quality Efficiently

Objectives

Recent monitoring reports from FRC and QAD, have heaped pressure on audit firms to improve audit quality. The session will help improve your understanding of how to establish and monitor audit quality management systems, to improve audit quality efficiently.

The course will use feedback from QAD and cold file reviews to help firms of all sizes to better refine their systems of quality management and improve audit quality.

Key Topics

• Getting monitoring and remediation processes right, including root cause analysis
• Improving audit quality efficiently
• Revisiting the risk assessment – identify and assess quality risks
• Documentation – getting it right
• Adapting the approach for different size firms and audits
• Practical case studies

Who Should Attend

This session is for all senior auditors, including audit seniors, managers and partners, of all sizes of entities.