Quality Management – Next Steps

Overview

This practical, discussion-based course assists firms that have already implemented the AICPA’s Quality Management (QM) standards address the next challenges in meeting the requirements of QM standards – 1) evaluating whether a firm’s QM system operates effectively in practice and 2) supporting QM firm leadership’s annually required conclusion on system effectiveness.
Moving beyond initial design and documentation, the course examines the ongoing responsibilities of monitoring, remediation, and annual evaluation that are central to a risk-based quality management system. Through real-world examples, peer review insights, and interactive discussion, participants will gain a deeper understanding of how to assess whether their QM systems are functioning as intended and how to demonstrate operational effectiveness with meaningful evidence.

The course emphasizes the critical transition from “having” a QM system to proving that it works. Participants will explore common post-implementation breakdowns, develop practical monitoring approaches tailored to firm risks, and learn how to distinguish documented policies from evidence of actual execution. The program also addresses evaluating findings, identifying root causes, designing effective remedial actions, and supporting leadership’s required annual conclusion on system effectiveness. 

Intended for managing partners, quality management leaders, peer reviewers, and audit and accounting professionals, this in-person, instructor-led program provides actionable guidance to help firms strengthen compliance, improve accountability, and respond confidently to increasing regulatory and peer review scrutiny.