ISQM1 replaces ISQC1 as a more comprehensive framework for quality management in auditing firms. While ISQC1 focuses on quality control at the engagement level, ISQM1 extends to all professional services provided by audit firms. This is particularly interesting for the TGS Network. The goal of ISQM1 is to enhance overall quality, increase public confidence, and promote effective quality management practices. We aim to integrate this methodology into our quality process and annual questionnaire and will share some elements with you. The seminars will provide tailored guidance for TGS members to assess their quality and implement measures to meet the standards’ requirements.
Speaker: Nizar Al Sharif
