QM Standards Implementation Guides and Other Related Material

Since the previous IRBA communication issued on 2 July 2021, QM implementation materials have been published for SAICA, IAASB and IFAC, available on the IRBA’s dedicated QM webpage:
The IFAC materials are:
The IFAC developed and published a three-part series that provides tips and guidance for the practical implementation of the QM standards.
+ Instalment One: It is time to Get Ready for the New Quality Management Standards, published on 31 October 2022
+ Instalment Two: Developing a Detailed Implementation Plan, issued on 5 July 2023
+ Instalment Three is expected to be published only later this year.
Additional QM-related material may be accessed on IFAC’s QM webpage, available on:
Recent Articles
Photographic Evidence
When an auditor obtains photographic evidence to support audit procedures, the requirements for audit evidence need to be considered, i.e. Sufficient and appropriate Relevant and reliable Accurate and [...]
Key Audit Issues and Emerging Trends in Financial Reporting Compliance
Your Content Goes Here Verification of compliance with the financial reporting framework Auditors frequently make use of disclosure checklists to verify compliance with the requirements of the relevant financial reporting framework. When making [...]
Changes in the SAICA Training Regulations
SAICA recently issued their 2026 SAICA Training Regulations, effective from 1 January 2026. Training officers must ensure that the current version of the training regulations is communicated to [...]
Audit Issues & Trends to Consider
Your Content Goes Here Failure to assess non-compliance under NOCLAR and report RIs It was found that auditors often do not assess non-compliance as required. This is a two-stage, escalating obligation: NOCLAR per [...]
Recap of 2025
As we come to the close of 2025, it’s appropriate to reflect on key articles and updates communicated throughout the year. In this article, we identify key takeaways [...]
Audit Issues & Trends to Consider
Your Content Goes Here Implementation of IFRS 19 The introduction of IFRS 19: Subsidiaries without Public Accountability: Disclosures represents a notable step towards reducing the financial reporting burden for many private companies. Its primary benefit is [...]





