Audit Quality Management

Date: 02-26-26
Time: 12:00 PM - 2:00 PM EST
CPE Credit: 2 hours

Program Description:

High-quality audits are the cornerstone of public trust in the profession. This course provides an in-depth overview of audit quality management systems in accordance with AICPA’s Statement on Quality Management Standards (SQMS 1 & 2), PCAOB quality control standards, and international guidance. Participants will explore how firms design, implement, and monitor quality management systems that address governance, ethics, engagement performance, risk assessment, and monitoring activities. The course also highlights emerging risks to audit quality, including technological change, resource constraints, and regulatory developments. Practical tools and examples will be used to illustrate how firms can strengthen their audit quality management frameworks and documentation. 

 Topics Covered:
• Audit Standards
• Audit Procedures
• Audit Quality Management
• AICPA’s Statement on Quality Management Standards (SQMS 1 & 2)

Learning Objectives:
• Explain the purpose and components of an effective audit quality management system.
• Identify risk factors that can impair audit quality and strategies to mitigate them.
• Apply SQMS and PCAOB requirements to firm governance, ethics, and engagement performance.
• Evaluate monitoring and remediation processes to ensure continuous quality improvement.
• Document quality management procedures in compliance with professional standards.