Overview:

As firms transition to operating and monitoring systems aligned with the AICPA’s Quality Management (QM) Standards, the first part of this year’s course will break down the design and implementation, with a focus on developing monitoring policies and procedures to assess whether your firm’s QM system is operating consistently and effectively.

During the second part, you can choose either to work on completing your firm’s QM system design (quality risk identification, assessment, and response), or begin developing the monitoring policies and procedures to evaluate whether your QM system is functioning as intended.

Intended Audience:

•  Firms that have not yet completed the implementation of their quality management systems, including finalizing the risk assessment and response process or quality management documentation.
• Firms seeking guidance on recommended monitoring and remediation policies and procedures necessary for the design of their firm’s quality management systems.
  
• Firms interested in dedicating 3 to 3.5 hours to actively work on completing their risk assessment response process and quality management documentation.
  
• Firms that would benefit from engaging in discussions with peer firms and/or instructors regarding questions about their quality management implementation.