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ISQM TOOLKIT

250.00 (307.50 incl VAT)

Available as an immediate download in a set of six Word documents.

The first edition of our International Standard on Quality Management (ISQM) 1 Audit Quality Management Manual is now published, in good time to meet the implementation deadline of 15 December 2022.

This Manual is called the ISQM TOOLKIT and complies with the ISQM (Ireland) 1 as issued by the Irish Audit & Accounting Supervisory Authority that becomes effective from 15 December 2022. It replaces the ISQC 1 on audit quality control.

The Manual is suitable for smaller audit firms of five Partners or less. It will need tailoring to meet the requirements of the standard.

See full description below

It consists of:

  • A Getting Started Guide;
  • The Main Toolkit, in three parts; and
  • Four questionnaires, to help you assess the firm’s quality risks.

The Contents are shown here to indicate what is included:

  • ISQM Toolkit Getting Started;
  • ISQM Toolkit Part 1 Objectives and Risks;
  • ISQM Toolkit Part 2 Risk Assessment and Responses;
  • RP1 Audit Team Questionnaire;
  • RP2 Assessing Your Provider - Methodology and software;
  • RP3 Assessing Your Provider – Training; and
  • RP4 Assessing Your Provider - File review and Technical Questions.

If you need assistance with implementation, or have any questions please call John at 086 839 8360 or e-mail john@jmcc.ie