By the end of the session, participants will be able to:

• Understand the core components of ISQM 1 and ISQM 2.
• Align ethical responsibilities with quality objectives.
• Identify and manage risks arising from technology and digital conduct.
• Apply practical quality responses using automation, templates, and software.
• Establish a monitoring and remediation culture.
• Evaluate reviewer and engagement quality roles in terms of ISQM 2.
• Identify social media-related professional risks and responses.
  
  

Session 1: ISQM 1 Overview and Quality Management Framework

• Objective: Introduce ISQM 1 framework and components.
• Topics:

• Shift from Quality Control (ISQC 1) to Quality Management (ISQM 1)
• Components: Governance, Ethics, Resources, Engagement Performance, Monitoring
• Scalability for small firms

Session 2: Risk Assessment, Ethics & Technology

• Objective: Understand how to assess risks to quality, especially with evolving tech and ethical threats.
• Topics:

• Identifying quality risks (incl. staff turnover, tech reliance, remote work)
• Ethical threats in practice (self-interest, familiarity, advocacy threats)
• Digital tools: pros & cons (AI-assisted tools, file-sharing, encryption)
• Practical controls:

• Case Study:
• Group Activity:
  
  

Session 3: ISQM 2 & Engagement Quality Reviews (EQR)

• Objective: Understand ISQM 2 and its connection to ethical conduct and reviewer roles.
• Topics:

• When is EQR required? (High-risk engagements, public interest clients)
• Criteria for an eligible Engagement Quality Reviewer
• Independence, objectivity, and professional skepticism
• Integration with ethics (IESBA) and SAIPA standards

• Example:
• Activity:
• References:

Session 4 : Monitoring, Social Media Risks & Continuous Improvement

• Objective: Establish monitoring and remediation systems, including policies around social media and digital professionalism.
• Topics:

• Monitoring procedures (internal file reviews, root cause analysis)
• Dealing with social media: personal posts, advertising services, public comments
• Addressing audit fatigue and automation in quality
• Updating quality management systems

• Examples:
• Activity:
• References:
  

Key Concepts and Tools Covered:

• Quality Objectives
• Risk Responses
• Engagement Quality Reviews (ISQM 2)
• Ethical Threats (IESBA Framework)
• Monitoring & Remediation
• Technology in Practice (software, AI, cloud risks)
• Social Media Use & Boundaries