New PCAOB Quality Control Standard Overview

Overview

Due to advances in technology, use of outside resources, and more, PCAOB released a new integrated, risk-based standard focused on accountability and continuous improvement for all PCAOB-registered firms. This course will provide an overview of the significant elements and foundational principles of this new standard.

Highlights

• Background of the new PCAOB Quality Control Standard
• Overview of the elements of a quality control system
• Examples of quality risks and potential responses
• Highligts of what is different between the AICPA Quality Management Standard

Prerequisites

None

Designed For

Anyone who performs PAOB audits or has quality control responsibilities

Objectives

• Recall the elements of PCAOB's new Quality Control Standard
• List signifiant requirements of the Quality Control Standard elements

Preparation

None