Practical Guide to ISQC 1 for Partners and Managers

This one day workshop has been designed to help participants implement the requirements of ISQC 1 at their own practice. The workshop will therefore focus on designing appropriate policies and procedures for small and medium sized audit firms and documenting them as required by ISQC 1. This will enable participants to ensure that their firms learn how to apply quality control procedures in a manner consistent with ISQC 1 and which will consequently meet ACCA monitoring visit requirements. The course will involve case study examples and is suitable for partners and also managers in small and medium sized audit firms. 

• Background to ISQC 1 
• Leadership responsibilities for quality within the firm 
• Ethical requirements 
• Independence
• Accepting and continuing appointment as auditor 
• Human resources 
• Engagement performance 
• Monitoring  
• How to undertake your firm’s ISQC 1 review
• What to look for on cold audit file reviews

Lecturer
Michael Scott BSc FCA FCCA, Director, PCP Limited