ISQM 1

Strengthening Compliance and Quality: How SMPs Can Prepare for Practice Review 

For Small and Medium Practices (SMPs), being selected for a Practice Review presents both a responsibility and an opportunity.
  • March 12, 2026
  • 124 views

Browsing Tag

ISQM 1

2 posts

Strengthening Compliance and Quality: How SMPs Can Prepare for Practice Review 

For Small and Medium Practices (SMPs), being selected for a Practice Review presents both a responsibility and an opportunity.
  • March 12, 2026
  • 124 views

Reminder to Practitioners and Audit Firms – New Quality Management Standards (ISQMs) – ISA 220 (Revised), ISQM 1 & ISQM 2 will be effective from 15 December 2022

The Practice Review Department (PRD) wishes to remind practitioners and audit firms in Malaysia that the International Auditing and Assurance Standards Board (IAASB) has approved three (3) new quality management standards, which will be effective from 15 December 2022.
  • March 7, 2022
  • 7.1K views