The quality management standards will have an impact on your practice as you implement a risk-based approach to addressing quality management. You have to meet the requirements, so why not make it worthwhile and practical?
In this highly interactive series of workshops, you fully design and implement your system of quality management in ONE DAY and are ready for monitoring, remediation and evaluation in the year following.
Most Canadian accounting firms are realizing that the effort required for implementation is in the neighborhood of 100-200 hours. This is probably time you don’t have.
This is why we created our “work with you” approach to help you get it done. You will be ready with three easy steps.
1. Pre-Workshop Preparation
The pre-workshop activities include a recorded overview of the quality management standards. You receive the SQM Toolkit Database (SQMT) a fully populated and tailorable database, along with installation and setup instructions. SQMT is installed on your system, not in the cloud. The pre-work (less than 2 hours) guides you through a risk identification exercise to help you prepare for the live workshop day.
2. Live Virtual Workshop: Design and Implementation
This is a full-day live virtual workshop where, together, we fully design your system of quality management in ONE DAY. We tailor the content library included in the SQMT to the specific nature and circumstances of your firm. We start by finalizing and assessing quality risks. These risks are linked to the quality objectives. Finally, we develop risk responses that are tailored to your firm. At the end of the day, you have completely designed your system of quality management!! Yes, in one day.
3. Next Steps Workshop: Monitoring, Remediating and Evaluating
The standards also require you to perform an annual evaluation of your system of quality management. The Next Steps Workshop is a second live virtual half-day session to provide further guidance and tips on monitoring activities, remediating and evaluating and how to easily document it all in SQMT. This session is also an opportunity to ask any follow-up questions that may have arisen. We work with you every step of the way so you don’t have to figure it out on your own.
Our approach is unique as it focuses on useful guidance and meaningful examples, not only technical requirements. This proven methodology saves you time, energy and cost in designing and implementing your SQM, and evaluating in the year following.
If you have further questions about any aspect of our workshop approach, contact us by email.
Unlock your $1,000 discount! Use code “CSQMNOW” at checkout.
$5,995.00
Design and implement your system of quality management and meet the requirements of CSQM 1 through our efficient workshop approach. We work with you every step of the way to save you time and provide peace of mind in getting it done (10+ CPD hours).
Strengthen quality in audit engagements by understanding current CAS hot topics, typical challenges faced in meeting requirements with guidance how to address them efficiently (2.0 CPD).
Strengthen compilation engagements by understanding CSRS 4200 hot topics, the typical challenges faced in meeting requirements and how to address them efficiently (1.0 CPD).
Understand and implement the requirements of identifying and assessing the risk of material misstatement to perform effective and efficient audit engagements (1.5 CPD).
Being in public practice inevitably means you will encounter issues, a structured approach to researching and resolving issues will help to save time and be effective. (1.0 CPD).
Identify and implement the requirements of auditing accounting estimates and related disclosures in an effective and efficient manner (1.0 CPD).
It can be a challenge to get things done and the ability to find hidden moments throughout the day helps practitioners tackle their many competing priorities in practice (1.0 CPD).
Fraud happens in all types of organizations and it is important to appreciate the responsibilities related to fraud risk in order to respond and determine impact on engagement report (1.0 CPD).
Ethics is fundamental to being in public practice and it is important to understand concepts, have an ethical decision-making process and identify biases to strengthen your practice (1.0 CPD).
We talk to our clients every day and strong communication skills helps to hold better client discussions, even those difficult ones (1.0 CPD).
Develop critical thinking skills to maintain an attitude of professional skepticism in engagements (1.0 CPD).
Understand and appreciate the requirements of CSRS 4400, an engagement that may be an alternative in meeting your client’s requests (1.0 CPD).
Strengthen review engagements by understanding current CSRE hot topics, typical challenges faced in meeting requirements and how to address them efficiently (1.0 CPD).
Appreciate the requirements of analytical procedures and how to incorporate preliminary, substantive and final analytics into audit engagements in an efficient manner (1.5 CPD).
Identify and implement the requirements of understanding, selecting and testing journal entries in an effective and efficient manner (1.5 CPD).
Develop an effective and efficient approach to performing file and working paper reviews on audit and other engagements (1.0 CPD).
Please contact us to find out more about our services and how we can help you save time and achieve peace of mind.
Kirsten S. Albo, FCPA, FCA, ICD.D
Phone: 1.204.228.2529
Email: askksa@ksaconsultinginc.com
Kirsten uses her knowledge and expertise built from over 3 decades of experience in public practice. She is recognized for her technical knowledge and practice style along with her drive, passion and leadership. She is innovative and practical with a results-oriented approach. READ MORE
ASK KSA provides consulting and advisory services to small- to mid-sized practitioners to help them save time and achieve peace of mind by meeting the requirements of public practice. We provide practical solutions to SMPs on conducting effective and efficient engagements. READ MORE
The standards are constantly changing and there are other evolving shifts in the profession making it challenge to keep up to date. Each month ASK KSA releases an update on technical requirements, practice management and professional development topics. SIGN UP
