IAASB video addresses quality management consideration for firms
Apr 30, 2021
On April 30, 2021, the International Auditing and Assurance Standards Board (IAASB) released a video on the suite of quality management standards now available.
The video addresses considerations for firms when preparing to implement the standards, such as what may be retained from current systems, the time and resources needed, the impact on the firm as a whole, and various ways to approach implementation. It emphasizes the need for firms to start early and prepare for implementation.
Review the press release and video on the IAASB's website.
