New resources and answers to commonly asked questions about implementing the new AUASB Quality Management Standards

Monday, July 26, 2021

Looking for resources and answers to some commonly asked questions about implementing the new AUASB Quality Management Standards?  Check out our new dedicated Quality Management Standards page on the AUASB website. The suite of standards includes:

• ASQM 1, Quality Management for Firms that Perform Audits or Reviews of Financial Reports and Other Financial Information, or Other Assurance or Related Services Engagements;
• ASQM 2, Engagement Quality Reviews; and
• ASA 220, Quality Management for an Audit of a Financial Report and Other Historical Financial Information.

The standards become effective on 15 December 2022