ISQM 1 & ISQM 2 (Mauritius)

In-house course

2 Days
Attendance at this seminar will secure 13 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, SAIT, SAIPA , ACCA, IACSA & IRBA).
LYNETTE BADENHORST   lynette@probetatraining.co.za

ISQM 1 & ISQM 2


Practical illustrative examples on the following:

  • Establishing Quality Objectives in relation to each component of the system of quality management that are to be achieved by the firm
  • Identifying and assessing risks to the achievement of the quality objectives (referred to as quality risks in the ISQM);
  • Designing and implementing responses to address the quality risks;
  • Consideration of scalability;
  • Assigning roles and responsibilities;
  • Risk assessment process;
  • Changes in nature and circumstances of the firm or its engagements which lead to additional quality objectives;
  • How to consider each component of the ISQM and other matters under ISQM 
  • Governance and leadership;
  • Relevant ethical requirements;
  • Acceptance and continuance of client relationships and specific engagements;
  • Engagement performance;
  • Resources (Human, technological, intellectual);
  • Information and Communication;
  • Monitoring and Remediation
  • Designing and performing monitoring activities; and
  • Evaluating findings and identifying deficiencies;
  • Evaluating identified deficiencies and responding to identified deficiencies; and
  • Findings about a particular engagement.
  • Consideration of Network requirements or network services in a system of quality management;
  • Evaluating the system of quality management;
  • ISQM 2 – Engagement Quality Reviews; and
  • Documentation.