Course Details

If you manage audit quality or lead an audit practice, this question matters: Is your firm's approach to quality management truly proactive or are you still playing catch-up?


ISQM 1 requires firms to implement a risk-based approach, which is proactive and tailored to managing the quality of audit engagements. Firms need a proactive response to changing circumstances, proactively managing or mitigating risks, and promoting continual improvement and responsiveness. This includes an increased emphasis on monitoring the system as a whole and timely and effective remediation of issues. 


Therefore, the importance of the ACR as part of your ISQM1 policies & procedures cannot be emphasised enough not only from a compliance point of view but also from a learning and quality improvement perspective. 

In this course, Lungi discusses the following topics:

  • The objective of ISQM1 
  • The Risk Assessment Process 
  • The Quality Objectives 
  • Tips for ISQM1 Implementation   

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CPD Course Speaker

Technical Executive

Lungi Sepotokele

Lungi trained with PwC in Johannesburg and specialised in external audit of mining companies. She completed part of her training as an academic at Wits University where she completed her Master of Commerce degree. Lungi has worked in external audit in Canada as an audit senior and Ireland as an audit manager.

Outside of her accounting qualifications Lungi is a hobby baker who volunteers by baking for the homeless in Dublin City