Auditing 2025: ISQM Update
Part of a series on 2025 Audit Updates. This module explores International Standard on Quality Management 1 for firms conducting audits, reviews, or other assurance engagements. It covers monitoring, remediation, annual reviews, and documentation requirements.
Auditing 2025: ISQM Update
This course will enable you to
About the course
Systems of quality management exist to monitor and maintain the standard of a firm's engagements. To be effective, they must be carefully designed and operate at an optimal level.
The International Standard on Quality Management 1 (ISQM 1) Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements helps ensure that quality standards are upheld consistently across all areas of operation.
This short course offers a focused exploration of ISQM 1 and examines common issues identified by regulators and professional bodies since the standard became mandatory.
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Contents
How it works
Author
Steve Collings
Steve is Director at Leavitt Walmsley Associates, a firm of Certified Chartered Accountants. He is an internationally recognised speaker, writer and commentator on all matters to do with financial reporting and auditing. Steve is a prolific author, having written over 25 books and currently represents the North West of England on ACCA’s Practice Network Panel.
