The growing complexity of audit engagements and increasing regulatory scrutiny require firms to maintain high standards of quality management. The International Standard on Quality Management 1 (ISQM 1) forms part of a suite of quality management standards aimed at enhancing the quality of audits, reviews and other related services.
This webinar discusses what firms need to do to comply with ISQM 1 and provides practical strategies for implementation. Participants will gain clarity on the structure, scope and application of ISQM 1 as well as how it interrelates with ISQM 2 and ISA 220 (Revised).
Join Nestene Botha CA(SA) on the 30th of May 2025 from 10h00 to 12h00 and learn how to implement robust quality management practices at both the firm and engagement levels.
Attending this webinar will equip you with the following skills:
Develop a comprehensive understanding of ISQM 1, including its scope, objectives and key components.
Recognise the major changes introduced by ISQM 1 compared to the previous ISQC 1 standard and understand their impact on your practice's quality management practices.
Learn how ISQM 1 applies to various types of engagements and practices and how to scale and tailor the standard based on the size and complexity of your organisation.
Understand the relationship between ISQM 1, ISQM 2 and ISA 220 (Revised) to ensure a cohesive approach to quality management at both the practice and engagement levels.
Gain practical insights into implementing ISQM 1, including conducting a risk assessment, monitoring, remediation strategies and overcoming common challenges.
The webinar will cover the following topics:
What is ISQM 1?
Key changes from ISQC 1
ISQM 1 applicability
ISQM 1 objective
The relationship of ISQM 1 with ISQM 2 and ISA 220 (Revised)
Structure and components
Scalability and other practical considerations What is ISQM 1?
This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA.
All attendees are issued with a CPD certificate available in an online profile.
Nestene Botha completed her B.Com (Hons) at North West University in 2012. In 2014 she completed her professional articles and her Master's Degree in Chartered Accountancy. She then registered with SAICA as a Chartered Accountant in 2015.
Nestene has lectured on the audit programme at the University of Cape Town. She started her own audit, tax & accounting practice which she has since grown into a reputable firm in the Table View area with 60 clients and two staff members.
The following persons will benefit from attending this webinar:
Registered auditors.
Practice managers.
Trainee accountants.
R 450.00 - Online admission - Individual.
Group Price 1 - From R337 per person (up to 5 users)
Group Price 2 - From R260 per person (up to 10 users)
Group Price 3 - From R224 per person (over 11 users
If you already have a profile, login and register for the webinar.
If you don’t have a profile, create a free profile then login and register for the webinar.
Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).
Click here to find out about the Technical Resource Centre & CPD Subscription options.
By attending this webinar you will be provided with:
A summarised slide presentation.
Reference documents and/or course material where available.
You can ask questions during the webinar and you will also have access to the presenter after the webinar.
At SA Accounting Academy, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.
Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritise hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.
Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.
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