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The AICPA has issued three new proposals related to quality management. The new SQM Standards will replace the extant quality control (SQCS) and provide a more scalable and risk-based QM methodology. This is the first of three blogs that will dive into the details of each proposal. This blog addresses A Firm’s System of Quality Management and the components of a system of quality management.

Call to Action: What impact will this change to adopt these quality management standards have on your firm?


Linkhttps://www.aicpa.org/content/dam/aicpa/research/exposuredrafts/accountingandauditing/downloadabledocuments/20210204a/20210204a-quality-mgmt-ed.pdf