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Your System of Quality Management FLEXCAST

Available Until

Your Desk

2.0 Credits

Member Price $98.00

Non-Member Price $113.00

Overview

In the realm of auditing and accounting, adherence to the latest quality standards is not just best practice, it’s a necessity. The recent overhaul of quality standards by the Auditing Standards Board has presented a problem for many firms: transitioning from SQCS 8 to the new SQMS 1, SQMS 2, SAS 146, and SSARS 26. This course agitates the concern by emphasizing the urgency and significance of adopting these new standards, which mandate a system of quality management for all accounting and auditing practices. The solution lies within this comprehensive course led by Jeff Sailor, who employs a unique, engaging style to demystify these new requirements. Participants will learn how to effectively implement these standards, understand the components of a quality management system, and prepare for the anticipated focus in peer reviews, ensuring their practices are not just compliant, but also at the forefront of quality and excellence in the field.

Highlights

SQMS 1. SQMS 1. SQMS 2. SAS. SSARS 26. 8 components and differences from SQCS 8.SQMS 2. SAS. SSARS 26. 8 components and differences from SQCS 8.

Prerequisites

None.

Designed For

CPAs, CFOs, and auditing professionals.

Objectives

Identify the 8 components of a system of quality management. Identify the additional requirements for a system of quality management. Apply the standards for determining when an engagement quality review will be necessary. Describe the requirements for the conduct of an engagement quality review. Apply the control standards in the performance of audits and other attestation engagement. Apply the control standards in the performance of SSARS engagements.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.

Leader(s):

Leader Bios

Jeff Sailor, Western CPE

Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software.

Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights with humor in high-energy presentations. He’s also adept at presenting complex topics in a very practical, easy-to-understand manner, thus earning him rave reviews for more than 20 years. Jeff currently presents seminars, webcasts, and in-house instruction for Western CPE. He’s also a featured speaker at national conferences as well as at state and regional meetings.

For more than 10 years, Jeff has served as an AICPA peer reviewer, focusing on small firms and sole practitioners. He also served on the Resource Committee for the Private Company Financial Reporting Committee (PCFRC). Jeff has spoken at two NASBA national conferences on how to make education more engaging for practitioners.

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Non-Member Price $113.00

Member Price $98.00