Quality Management: Engagement Quality Reviews - Society of Louisiana Certified Public Accountants

Overview

SQMS No. 2 outlines requirements for engagement quality reviews within a firm’s quality management system. Learn what these reviews involve and how they apply in practice.

Highlights

Overview of engagement quality reviews and the firm's responsibilities

Requirements for engagement quality reviews and appointing reviewers contained in SQMS No. 1

Timing of engagement quality reviews

Performing an engagement quality review

Considerations for sole practitioners

Prerequisites

None

Designed For

Sole proprietors of audit and assurance firms

Responsible partners and staff at small- and medium-sized audit and assurance firms

Engagement quality reviewers

Objectives

Recall the requirements of SQMS No. 1 and SQMS No. 2 related to engagement quality reviews.
Recall the purpose for an engagement quality review and how the review enhances firm quality.
Identify considerations for sole practitioners.