Stay ahead in the evolving landscape of quality management with this essential training on the IAASB’s latest quality management standards.
In December 2020, the IAASB introduced ISQM 1, ISQM 2, and ISA 220 (Revised) to enhance the effectiveness of quality management in firms using IAASB’s standards. These changes mark a shift from traditional quality control to a more dynamic, risk-based approach to quality management. With these standards becoming effective on 15 December 2022, it is crucial for professionals to understand and implement them effectively.
What You’ll Learn:
This training provides a comprehensive overview of the new quality management framework, covering:
✔ Introduction to the new standards – Understanding the rationale behind the changes
✔ Quality management at firm level – Implementing a robust system within your organization
✔ Engagement quality reviews – Enhancing the effectiveness of engagement-level reviews
✔ Quality management at engagement level – Applying quality principles to individual engagements
Certification:
Upon successful completion, participants will earn a verifiable Silver LEAF Certificate, demonstrating their proficiency in the new quality management standards.
Take this opportunity to enhance your expertise and stay compliant with the latest quality management requirements!
Elevating the standards of all auditors and those seeking to become auditors by upholding the principles of legislation, regulation, and quality audit management and performance.
Quest Curriculum
- 6 Levels
- Coaching By LEAF
- Community Support
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Level 01 Introduction
Mission(s) in this level: Welcome & Introduction
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Level 02 Quality Management at Firm Level
Mission(s) in this level: Overview and the Firm Risk Assessment, Other components of quality management, Monitoring, evaluation and documentation
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Level 03 Engagement Quality Reviews
Mission(s) in this level: Engagement quality reviews
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Level 04 Quality Management at Engagement Level
Mission(s) in this level: Quality Management at Engagement Level
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Level 05 Conclusion
Mission(s) in this level: Conclusion
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Level 06 Final Quiz
To complete the quest and receive a Silver LEAF Certificate, complete all the missions and pass the final quiz with at least 80 %