Quality Management

The IAASB has raised the bar for quality management.

Three new and revised standards strengthen and modernize the audit firm’s approach to quality management. Through the standards, the IAASB is addressing an evolving and increasingly complex audit ecosystem, including growing stakeholder expectations and a need for quality management systems that are proactive and adaptable.

The standards direct audit firms to improve the robustness of their monitoring and remediation, embed quality into their corporate culture and the “tone at the top”, and improve the robustness of engagement quality reviews.

The standards are effective December 15, 2022. They replace the IAASB’s current standards, International Standard on Quality Control 1 and International Standard on Auditing 220.

 

Just Released

   
Learn More about the Quality Management Standards
An Overview of the IAASB’s Quality Management Standards
Quality Management Standards: Perspectives on Initial Implementation Efforts
IAASB Quality Management Standards
Perspectiva general de las normas de gestión de calidad del IAASB
Vue d’ensemble des normes de gestion de la qualité de l’IAASB
国际审计与鉴证准则理事会质量管理准则概览
Raising the Bar on Quality Management: The IAASB’s New QM Standards
IFAC, IAASB, and ICAC Discussion Forum on Quality Management Standards
Albanian: Raising the Bar on Quality Management: The IAASB’s New QM Standards
Georgian: Raising the Bar on Quality Management: The IAASB’s New QM Standards
Ukrainian: Raising the Bar on Quality Management: The IAASB’s New QM Standards
Russian: Raising the Bar on Quality Management: The IAASB’s New QM Standards
Bosnian-Serbian-Croatian: Raising the Bar on Quality Management: The IAASB’s New QM Standards
Supporting the New Quality Management Standards
All You Need to Know about the Firm's Risk Assessment Process
Resources: Expectations for Firm and Engagement Partners
What’s New for Firms' Monitoring and Remediation Process
Bringing it all Together: Exploring all the Components of a Quality Management System
 

Effective Date:

December 15, 2022

 

IAASB Quality Management Standards

ISQM 1

ISQM 2

ISA 220 (Revised)

Conforming Amendments

 

Translations & Permissions

Looking to translate or reproduce the standards? Want to include these publications in your training materials or university course? Learn how we can help.

IP permissions and policies

   

Quality Management Videos

Watch our quality management videos - in English, French, Mandarin & Spanish - for detailed explanations on the new and revised standards.

Watch Here

 

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.

Agree