Major changes are in the works for quality control standards, including a name change. This session will present an overview of the IAASB’s proposed suite of quality management standards, which are expected to be issued as final standards by the end of 2020. The session will cover the key changes from the current standards and the ASB’s approach to convergence with the proposed standards.
Identify the IAASB proposed standards.
Indicate the key changes in the proposed standards.
Recognize the implications for the ASB QC standards.