The New UK Quality Management Standards
Category: Audit | Duration: 1hr | Tag: VODUK2165 | Type: Video | Speaker: Edward Rands
Course Details
In this session Edward Rands will give an overview of ISQM (UK) 1, ISQM (UK) 2 and the revised ISA (UK) 220, which revolutionise the approach to quality management to audit and assurance engagements, and take effect for accounting periods commencing on or after 15 December 2022.
- Overview of the new standards
- The risk-based approach to quality management across the firm
- Quality management requirements at the engagement level
- What you need to do to implement the new standards
CPD Course Speaker
ECR Professional Ltd
Edward Rands
Edward Rands was for eleven years the Risk and Professional Standards partner at a large independent firm of chartered accountants.
He led the firm’s technical team, which was responsible for maintaining and updating accounting and auditing knowledge, and for dealing with complex problems and queries as they arose.
He was also the founder chairman of the UK technical committee of his firm’s international network, and a contributing author of the network’s commercially published IFRS manual.
He now works as an independent consultant, advising firms on technical and regulatory matters.
He led the firm’s technical team, which was responsible for maintaining and updating accounting and auditing knowledge, and for dealing with complex problems and queries as they arose.
He was also the founder chairman of the UK technical committee of his firm’s international network, and a contributing author of the network’s commercially published IFRS manual.
He now works as an independent consultant, advising firms on technical and regulatory matters.