ISQM (Business Opportunities - Investment)

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Item ID 9426603 in Category: Business Opportunities - Investment

ISQM


ISQM (UK) 1 represents a significant change for audit firms.

ISQM (UK) 1 replaced the ISQC (UK) 1 in December 2022. The new standard requires a more proactive approach to identifying and managing 'quality risks' which can result in a firm issuing an incorrect audit report. To achieve this, firms must establish and monitor a System of Quality Management (SOQM) which is more comprehensive than existing audit procedures documentation.


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Target Nation: England
Target City : London
Last Update : 22 November 2023 12:43 PM
Number of Views: 79
Item  Owner  : Ruby
Contact Email: (None)
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2024-05-02 (0.252 sec)