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AICPA Quality Control Standards Changing to Quality Management Standards

The AICPA is shifting away from its Quality Control Standards to something it calls Quality Management Standards. Find out what that means, how it impacts you, and some implementation concerns.

Nov 10, 2021, 06:15 AM

By Allison M. Henry, PICPA Vice President, Professional and Technical Standards


In this video, Allison Henry, PICPA vice president of professional and technical standards, discusses the extant Quality Control Standards versus the proposed Quality Management Standards. Get an overview of the new components and key changes as well potential implementation challenges.

 

Read the PICPA exposure document response to the AICPA Quality Management Standard. You can also watch a recording of the AICPA’s ASB Proposed Quality Management Standards town hall.


For more on this topic, register for the PICPA Accounting and Auditing Conference webcast on Dec. 9-10. Ahava Goldman, AICPA associate director of audit and attest standards, will provide an AICPA ASB update.


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