Strengthen audit quality with this ISO 200 quality management systems training for financial statement audits and assurance governance. The program shows audit leaders how to design, document and run a firm-wide quality management system that meets international standards and regulator expectations. Participants will learn to set quality objectives, assess quality risks, monitor engagement performance and remediate deficiencies. Through practical case studies and file review exercises, attendees will build audit work that withstands inspection. This program is essential for audit partners, quality reviewers and assurance professionals.
Objectives
- Explain the principles and requirements of ISO 200 quality management for audits
- Design a risk-based system of quality management for an audit function
- Set measurable quality objectives and identify quality risks
- Document policies, procedures and engagement quality controls
- Conduct engagement quality reviews and file inspections
- Perform root cause analysis on audit deficiencies
- Monitor quality indicators and report to governance bodies
- Prepare for regulatory inspections and external quality assessments
- Build a culture of professional scepticism and continuous improvement
Target Audience
- Audit partners and audit managers
- Quality assurance and quality control officers
- Internal audit heads and senior auditors
- Finance directors overseeing assurance
- Public sector audit professionals
- Audit regulators and inspectors
Methodology
- Quality management framework workshops
- Quality risk assessment exercises
- Engagement file review simulations
- Root cause analysis labs
- Case studies of audit quality failures
- Quality dashboard design sessions
- Peer sharing of audit quality practices
