Improving Audit Quality 3: An Overview of ISQM 1 – Firm’s System of Quality Management
What? 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 strengthens firms’ quality management systems by taking a robust, proactive, and effective approach to quality management. The standard encourages firms to design a system of quality […]
