Practical Quality Management Skills for Firms Performing Audits and Reviews
CPD Hours: 2
Price: R450.00
Practical Quality Management Skills for Firms Performing Audits and Reviews
Presenters : Lettie Janse van Vuuren CA(SA)
Overview
Quality management in firms performing assurance and review engagements is a proactive process designed to protect quality, safeguard professional integrity and meet regulatory expectations. This webinar provides a practical, in-depth exploration of how to establish, maintain and continuously improve a robust system of quality management in line with ISQM 1, ISQM 2 and ISA 220.
Join Lettie Janse van Vuuren CA(SA) as she unpacks key documentary requirements for demonstrating compliance and shares practical monitoring strategies to maintain quality across all your audit and review engagements.
Learning objectives
Attending this webinar will equip you with the following skills:
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Gain insight into the key principles, importance and impact of Quality Management - specifically on a firm conducting assurance engagements.
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Familiarise yourself with the requirements of ISQM 1 and ISQM 2 and specifically, ISA 220 for audits and ISRE 2400 for independent reviews.
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Understand the documentary requirements your firm needs to meet regarding quality management for audits and independent reviews.
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Explore how to monitor your firm’s system of quality management, the effect of monitoring file reviews and engagement quality reviews.
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Identify ways to to improve your system of quality management in the light of the latest IRBA Enforcement Report and IRBA Public Inspection findings regarding Quality Management.
Content
The webinar will cover the following topics:
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Introduction.
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Requirements of:
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ISQM 1, ISQM 2 and specifically, ISA 220 for audits.
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ISRE 2400 for independent reviews.
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Documentary requirements.
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Monitoring of your Quality Management Systems.
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Striving to constantly improve: Know the contents of latest regulator’s reports.
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Conclusion.
