In the ever-changing landscape of global accounting and auditing standards, being well-prepared is vital. The recently introduced International Standards on Quality Management (ISQM) have introduced a new era of best practices, and in partnership with Kreston Global, we have compiled a valuable collection of resources to help in navigate the new International Standards on Quality Management.
Please note that these resources have not been officially reviewed nor endorsed by Kreston Global and Kreston Stanley Williamson. Instead, this list serves as a reference for Kreston Member firms, offering an overview of available ISQM resources.
Whether you’re a seasoned professional or just starting your ISQM journey, these resources are here to empower you with the knowledge and guidance you need for quality management.
Free Resources
| Resource | Source |
| The New Quality Management Standards: ISQM1 ISQM2 ISA 200 (Revised) | IAASB |
| First Time Implementation Guides ISQM1 ISQM2 ISA 200 (Revised) | IAASB |
| Introducing the Quality Management Standards (video) | IAASB |
| Quality Management Webinar Series | IAASB |
| Introduction to Quality Management Under ISQM1 | ICAEW |
| ISQM1: A Sole Practitioner Approach | ICAEW |
| Conversion from ISQC1 to ISQM: Implementation Guidance and Preparedness Assessment Questionnaire | Public Accountants and Auditors Board (PAAB) Zimbabwe |
| Overview Articles (aimed at students but still useful for all) ISQM1 ISQM2 and ISA 200 (Revised) | ACCA |
| Quality Management Series: Small Firm Implementation Instalment 1: It’s time to get ready for the new quality management standards Instalment 2: Developing a detailed implementation plan | IFAC |
| Preparing for the new quality management standards: ISQM1 Quality Objectives and Quality Risks ISQM1 Risk Responses ISQM1 System Evaluation and Monitoring |
Paid Resources
| Resource | Source |
| ISQM Implementation Hub, including introductory video, FAQs, Training and Quality Management Manual | Mercia |
| ISQM Toolkit | Insight Training |
| ISQM Manual | PCP |
| Quality Management Tool | Croner – I |
| Quality Management Systems | Inflo |
Kreston Stanley Williamson
*Correct as of 19 October 2023
*Disclaimer – this article has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the article is for general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this article, it is imperative you seek specific advice relating to your particular circumstances. Liability is limited by a scheme approved under professional standards legislation.
