This event is a recorded ACCA webinar available for on demand purchase. This is not a live event. CPD points are available and resources are available on the ON24 platform. You will have access to the recording and resources through the ON24 link once registered.
The original live event took place on the 11th of May 2023. Access to the recording link will expire on the 11th of May 2024.
ISQM 1 is the new International Standard on Quality Management that replaces ISQC 1. It applies to the audits or reviews of financial statements, or other assurance or related services engagements and affects audit firms of all sizes.
ISQM 1 requires firms to develop, document and implement a system of quality management (SoQM) that is specifically tailored and responsive by 15th December 2022.
The webinar will address the following topics:
- Emerging issues and common weaknesses and risk assessment issues on ISQM
- Governance & leadership
- Ethical considerations
- Real firm strategies
- Practical documentation
- Monitoring and remediation
- What root cause analysis looks like in practice
About the Presenter:
John McCarthy is a regular speaker on accountancy practice matters, compliance and audit/accounting technical regulation. He frequently assists firms preparing for regulatory inspections.
He has expertise in delivery of Anti-Money Laundering (AML) training to accountants, tax experts, solicitors, insurance brokers, auctioneers and company secretarial and trust specialists.
He has given joint (AML) presentations with the Garda Economic Bureau and the Revenue Commissioners and has also organised and presented specialist courses on the Solicitors Accounts Regulations, insurance brokers and charities.