Course Details

Quality Management – This is what ISQM1, the International Standard for Quality Management is all about.


Quality Management for the entire Firm, often referred to as the Firm’s System of Quality Management.


When we look at the key components of the Quality Management System….;


1 - The firm's Risk Assessment Process

2 - Governance and leadership

3 - Relevant ethical requirements

4 - Acceptance and continuance

5 - Engagement performance

6 - Resources

7 - Information and communication

8 - Monitoring and remediation process


…..We realise - THIS ISN’T NEW TO US! We’ve been running our Firm’s in accordance with ISQM1 all along. The only difference now is that we need to evidence this in a format that is in line with the requirements of ISQM1 while also considering the requirements of ISQM2 and ISA 220.


In this webinar Elaine Jackson will cover the following topics:

  • A reminder of the requirements of ISQM1, ISQM2, ISA 220
  • Evidencing Active Quality Management
  • The Annual Evaluation Requirements
  • Addressing Failures and Breaches
  • What do our Institutes inspect?

 

Course Level: Intermediate

CPD Course Speaker

OmniPro

Elaine Jackson

Elaine Jackson, Director of Audit and Compliance at Michael Power Accountants, specialising in Audit, Debt Review/Restructuring and Compliance. Michael Power Accountants provide Audit, Accountancy, Tax and Financial Advisory Services to businesses across Munster, operating from their offices in Tipperary Town and Clonmel.

Elaine has previously worked with OmniPro as Head of the Accountants Resource Centre and was also a member of OmniPro’s Practice Support team.

Over the last number of years, Elaine has been providing Firm’s with assistance and training in the following areas; Anti-Money Laundering, Audit Testing and Walk Through Procedures, Audit Planning and Efficiency, OmniPro Audit Working Paper Demos, Preparing for Monitoring Visits and Post Monitoring Visit follow-ups.

Elaine is an AITI Chartered Tax Advisor (AITI CTA), a Chartered Accountant (ACA) and holds a Diploma in Corporate Finance.