Oct 1, 2024
the International Federation of Accountants (IFAC) released the third and final installment in its three-part publication series to help small- and medium-sized practices (SMPs) implement the International Auditing and Assurance Standards Board’s (IAASB) suite of quality management standards. Installment Three: Monitoring and Remediation provides tips and guidance for the practical implementation of the monitoring and remediation of a firm’s system of quality management.
IFAC has a collection of available resources that support quality management implementation, and the IAASB first-time implementation guides, all of which are available at ifac.org/qualitymanagement.
For the 3 installments, please click the following: