Content of Course

ISQM (UK) 1 has been effective for a few years now, but regulatory feedback indicates that a number of firms struggle to grasp some of the key concepts, which include:  

• Establishing the firm’s quality objectives 
• Identifying and assessing quality risks 
• Designing and implementing appropriate responses 
• Designing and implementing  ongoing monitoring activities 

Under ISQM (UK) 1, firms can no longer rely on an “off-the-shelf” audit procedures manual; instead, the framework demands a much more proactive, risk based, and iterative approach, with risk assessment forming the core of the system.
 

Over this two-hour course, we: 

• Clarify the key requirements of the standard 
• Highlight the areas that require the greatest focus Explain how to comply with the standard in a practical, scalable way 
• Provide example documentation to support implementation