Proposed International Standard on Quality Management 1 ...

Exposure Draft February 2019. Comments due: July 1, 2019. Exposure Draft January 2019. Comments International due: Standard July 1, Management on Quality 2019. Proposed International Standard on Quality Management 1. (Previously International Standard on Quality Control 1). Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements About the IAASB. This Exposure Draft was developed and approved by the International Auditing and Assurance Standards Board (IAASB). The objective of the IAASB is to serve the public interest by setting high- Quality auditing, assurance, and other related standards and by facilitating the convergence of International and national auditing and assurance standards, thereby enhancing the Quality and consistency of practice throughout the world and strengthening public confidence in the global auditing and assurance profession.

emerging corporate governance risks by revisiting their business practices and relevant activities. Questions have arisen about whether extant ISQC 1 remains fit for purpose, given the evolving environment in which firms operate, the intensifying focus on quality and the increasing expectations of firms’ stakeholders.

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  Governance, Corporate, Firm, Corporate governance

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