IFAC Releases Instalment Two in Small Firm Implementation Support Series on IAASB Quality Management Standards
The International Federation of Accountants (IFAC) has released the second instalment in a three-part publication series to help small and medium-sized practices implement the International Auditing and Assurance Standards Board’s (IAASB) quality management standards. Instalment Two: Developing a Detailed Implementation Plan provides a step-by-step approach to identifying quality objectives; completing the quality risk assessment process; identifying existing, or creating new responses to those quality risks; and implementing, documenting and communicating the system of quality management.
Instalment Two is available on the following link:
This series joins IFAC’s collection of available resources that support quality management implementation, including webinars, articles and videos, as well as the IAASB first-time implementation guides, all of which are available on: