New Quality Management Standards: A Practical Approach to Risk Assessment and Response
Tuesday, February 18, 2025
Webcast or Webinar, Online
3:00 PM - 5:00 PM (opens at 2:30 PM) EST
2Credits
Accounting and Auditing
Registration is Open
Members
$118.00 Regular Price
Non-Members
$142.00 Regular Price
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Course Type: Webcast
Course Code: 24/AI537048
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Auditing
Overview:
Create a robust QM system based upon your firm's needs (bold)Statement on Quality Management Standards (SQMS) No. 1, A Firm's System of Quality Management (ital), changes how quality management is approached, with emphasis on creating processes and policies tailored to your firm's circumstances. The new risk assessment process is a key component to identifying and evaluating the likelihood and potential impact of various risks to your firm. This webcast will offer a practical approach to risk assessment, and to determining the responses - policies and procedures - to the quality risks facing the firm.
Objectives:
- Recognize the steps to perform a quality risk assessment.
- Determine a firm's risk assessment plan.
- Select responses to quality risks.
- Identify how to monitor results.