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Continue drive toward better audits

Summary

The changes emerging for audit firm quality management standards may pose implementation challenges for firms that are comparable to those caused by Section 404(b) of the Sarbanes-Oxley Act for audit clients a generation ago.
AuthorKen Tysiac -Journal of Accountancy’s Editorial Director
DivisionAudit & Assurance
Keywords
Quality Management
Categories
The Quality Management Standards
Date5 February 2021
URL
https://www.journalofaccountancy.com/news/2021/feb/new-standards-drive-toward-better-audits.html
ResourcesAudit and Assurance (273)Advocacy (58)Thought leadership (24)Technical resources (191)Less Complex Entities (LCEs) (7)Group Audits (7)Ethics & Fraud (1)ISA 315 (Revised 2019) (14)The Quality Management Standards (36)Standards (4)Implementation (11)Other (8)Webinars (2)ASA Articles (11)FAQ (5)Circulars (3)Guides (5)Other resources (85)IRBA resources (1)Regulatory Reports (2)Supporting Audit Quality (25)Corporate Reporting (251)Ethics (101)Legislation and governance (553)Pathways to Relevance (39)Sustainability (70)Tax (801)Training Offices (64)Public Sector (209)Practice (69)
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