Quality Management: Focus area

23 March 2022
Accounting
South African Accounting Academy

The new and revised suite of quality management standards become effective this year.

Tap into the IAASB's resources to prepare your firm.

The webpage contains access to the following all in one place:

Implementation guides
The Quality Management Standards
Basis for Conclusion & Factsheets
Summary of Key changes

Click here to access the IAASB resource page:

https://www.iaasb.org/focus-areas/quality-management

Relevance to Auditors, Independent Reviewers & Accountants:

As an auditor and independent reviewer, you need to comply with International Standards on Auditing and other Assurance Services.
You need to implement the new Quality Management Standards (including the Revised ISA220) by 15 December 2022, and thus you need knowledge of relevant implementation guides.
This central page provides easy access to you as a professional accountant and auditor.

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