With the issuance of the suite of quality management standards and several requirements to understand and implement, get a summary of each and an overview of the requirements.
Resources
Quality Management Standards — Executive Summaries and Standards At a Glance
Sep 23, 2024 · 547 KB Download
Resource available
The following documents are available to download:
Executive Summaries
The executive summary of Statement on Quality Management Standards (SQMS) Nos. 1, A Firm’s System of Quality Management, No. 2, Engagement Quality Reviews, No. 3, Amendments to QM Sections 10, A Firm’s System of Quality Management, and 20, Engagement Quality Reviews, and Statement on Auditing Standards (SAS) No. 146, Quality Management for an Engagement Conducted in Accordance With Generally Accepted Auditing Standards (collectively, the QM standards), summarizes the changes to the quality control standards.
The executive summary of Statement on Standards for Attestation Engagements No. 23, Amendments to the Attestation Standards for Consistency With the Issuance of AICPA Standards on Quality Management, summarizes the amendments to the attestation standards to align certain concepts in the attestation standards related to quality management, where appropriate.
At-a-Glance
This “At-a-Glance” document provides a quick reference of the key points contained in Statement on Quality Management Standards (SQMS) Nos. 1, A Firm’s System of Quality Management, No. 2, Engagement Quality Reviews, No. 3, Amendments to QM Sections 10, A Firm’s System of Quality Management, and 20, Engagement Quality Reviews, Statement on Auditing Standards (SAS) No. 146, Quality Management for an Engagement Conducted in Accordance With Generally Accepted Auditing Standards, Statement on Standards for Accounting and Review Services (SSARS) No. 26, Quality Management for an Engagement Conducted in Accordance With Statements on Standards for Accounting and Review Services, and Statement on Standards for Attestation Engagements (SSAE) No. 23, Amendments to the Attestation Standards for Consistency With the Issuance of AICPA Standards on Quality Management
Download the Executive summary of SQMS Nos. 1 – 2 and SAS No. 146
File name: Executive-summary-SQMS-1-2-SAS-146.pdf
Download the Executive summary of SQMS No. 3 and SAS No. 149
File name: Executive-summary-SQMS-3-SAS-149.pdf
Download the Executive Summary of SSAE No. 23
File name: Executive-summary-SSAE-23.pdf
Download the At a Glance – Suite of Quality Management Standards
File name: Quality-Management-Standards-At-a-Glance.pdf
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