The Quality Management Standards (ISQM 1, ISQM 2 and ISA 220 (Revised)) have been issued by the International Auditing and Assurance Standards Board (IAASB). These new and revised standards contain significant changes and follow proactive, integrated and risk-based approach to design and implement an effective system of quality management systems within the firms. These standards will replace the current ISQC 1.
In order to facilitate practicing members of SAFA member countries, the SAFA ‘Committee on Auditing Standards and Quality Control’ is organizing a Webinar on Quality Management Standards on Thursday,
September 15, 2022 at 3:00 pm (Pakistan Standard Time).
The webinar will include two presentations on the significant changes made in the ISQM 1 and ISQM 2. The presentations will be followed by a panel discussion where our experienced panelists will share their road map for adoption and implementation of Quality Management Standards in their regions. The panel includes representation from the Institute of Chartered Accountants of Pakistan (ICAP), Institute of Chartered Accountants of Bangladesh (ICAB), Institute of Chartered Accountants of Sri Lanka (ICAS) and Institute of Chartered Accountants of Nepal (ICAN). For details about the webinar, please refer the attached flyer.
You may register for the webinar by clicking the following link: https://member.icap.org.pk/online-registration-for-seminar-workshop/
The ICAP resources on Quality Management Standards can be downloaded from the ICAP website using links: https://www.icap.net.pk/quality-management-standards