Surgent's Firm Quality Control Standards and Best Practices

Overview

The best way to ensure engagement quality is through consistent application of a firm’s system of quality control. In this course, we will review the key components of such a system, which can be found in the AICPA’s quality control standards. Specifically, this course will discuss adherence to relevant ethical standards, client and engagement acceptance and continuance procedures, human resources policies and procedures, engagement performance and monitoring activities, and best practices in designing and implementing effective quality control standards that address the responsibilities of firm leadership.

The course will place special focus on addressing the challenges that smaller firms may have when attempting to implement these standards.

Highlights

• The major requirements of QC Section 10, A Firm’s System of Quality Control
• Elements of an effective system of quality control
• Considerations for sole practitioners and smaller firms when implementing QC Section 10
• Guidance in implementing an effective firm-wide system of quality control across its six components

Prerequisites

None

Designed For

CPAs in public practice with accounting, financial reporting, or attest responsibilities

Objectives

• Recall AICPA Firm Quality Control standards
• Identify best practices for effective implementation of effective firm-wide quality control initiatives

Preparation

None

Notice

This on-demand webcast can be taken at any time of your choosing and is valid for one year from the date of purchase. No live instructor is present, and an exam is required to earn credit. You must score 70% or higher to earn the certificate.

How do I access my Self-Study Package?

Visit https://www.surgentcpe.com/login and enter your username (your LCPA email address) and password. If you do not remember your password, press the "Forgot?" button to receive a password reset email. Once logged in, the page will refresh to display your account menu on the left side.