We'll Help You Meet the Standards
Quality Management Standards Support
Effective December 15, 2025, firms with accounting and attestation practices (SASs, SSAEs or SSARS) are required to have implemented the AICPA’s new quality management standards (QMS) Sections 1 and 2, SAS No. 146, SSARS No. 26, SSAE No. 23 and the related provisions of GAGAS.
The December 15 deadline is not a starting point; it is the date by which firms must have their full system of quality management (QM) designed, implemented and operating. An evaluation of the system of QM is required to be performed by Dec. 15, 2026.
The new QMS modernize quality control and reflect realities in practice, such as an increased emphasis on risk assessment, changes in technology and the growing use of external service providers.
The new standards also create a scalable system that allows firms to tailor their quality management based on their size and the types of engagements they perform.
Key changes to the QMS
- A new risk-based approach tailored to a firm’s circumstances.
- Revised components include information and communication.
- More robust leadership and governance requirements.
- Engagement monitoring and remediation process.
- New requirements for network and service providers.
Link to article in CPA Journal: Implementing the AICPA's New Quality Management Standards - The CPA Journal
Implementation Support
Following a May 6 FICPA Webinar on the QMS requirements many firms expressed interest in QMS support services with respect to implementation, applying a risk-based approach, enhancing QM leadership and documenting QM system and decisions.
In response, The FICPA has collaborated with the webinar facilitator, Randall Wilson, CPA, a nationally recognized authority on technical and quality management consulting, to help your firm be prepared and protected.
Randall can support you with three options:
- Facilitated Support: Based on a series of discussions, your firm will be provided with completed QM documentation for its QMS implementation.
- Guided Support: Through a series of meetings, your firm will be guided through its QMS implementation with detailed directions, tools and templates and review of firm-completed QM documentation.
- Ad Hoc Support: As your firm navigates its QMS implementation, your firm will be provided with a resource to answer questions and review QM documentation, as needed and requested.
About Randall Wilson, CPA, CFE
In addition to owning Wilson CPA LLC, Randall provides technical (audit and assurance) and quality management support to CPA firms. He is a member of the FICPA’s Accounting Principles and Auditing Standards and Peer Review Committees and formerly served on its State Legislative Policy Committee.
Are You Ready to Comply With Confidence?
Contact us via email for QMS support options and pricing and a customized readiness checklist.
Questions? Contact onsite@ficpa.org.