Part 2: Strengthening ISQM Compliance – Actionable Recommendations 

This is the second part of a two-part article on enhancing QAP and ISQM compliance.

Part 1: Enhancing Audit Quality: Key ISQM Findings from QAP and MIA Practice Review 

The International Standard on Quality Management (ISQM) represents a paradigm shift in how audit firms approach quality management, moving from a passive, compliance-based model to a proactive, risk-based one.

New Practice Review Framework (Part 2): Comparison between Peer Review and Quality Assessment Programme and Their Implementation

The goal of subjecting the work of the practitioners under the order to a review (peer review or Quality Assessment Programme (QAP)) by the Practice Review Committee (PRC)…

New Practice Review Framework (Part 1): Enhancing Audit Quality through Peer Review and Quality Assessment Programme

The Institute’s Practice Review (PR) Framework is set to undergo changes starting 1 July 2024, aimed at enhancing audit quality.

The Pursuit of Continuous Audit Quality Improvement: QAP Stories from KS Chia & Associates and Steven Lim & Associates

The past few years are a testament that the world demands agility to adapt to unprecedented changes.

Quality Improvement Through QAP Amidst the Pandemic: Sharing of Insights from CWC & ENG PLT

Despite facing challenges to sustain operations during the pandemic, the quest for continuous quality improvement was not forgotten by CWC & ENG PLT.

MIA Practice Review – Key Findings on Elements of ISQC 1 – Monitoring

Annually, MIA’s Practice Review Department (PRD) issues its Practice Review (PR) report to provide an overview of PRD’s assessment of the audit firms (firms) and share new initiatives and ongoing developments affecting the profession.

Everything you need to know about the Quality Assessment Programme (QAP)

Read this article to find out more about QAP and the benefits it has for audit firms.

Thumbs Up for Quality Assessment Programme (QAP)

Early participating firms recommend that their peer audit firms embark on QAP