product-image
New Quality Management Standards: A Practical Approach to Risk Assessment and Response
Audit & Assurance
Webcast

New Quality Management Standards: A Practical Approach to Risk Assessment and Response

Learn about SQMS No. 1 and understand the new risk-based approach to quality management (QM), with emphasis on creating processes tailored to your firm's needs for its A&A practice.

$125 - $149
Do you have an AICPA or CIMA membership? Log in to apply your member discount.

Format

Webcast

Date

Sep 11, 2025

NASBA Field of Study

Auditing

Level

Basic

CPE Credits

2

Instructor

Jeffrey Rapaglia, Ahava Goldman, Joe Lynch , Sherry Chesser

Availability

3 months

Product Number

WC4749803

 View  
 Business & partner 
Product Details

Create a robust QM system based upon your firm’s needs

Statement on Quality Management Standards (SQMS) No. 1, A Firm’s System of Quality Management , changes how quality management is approached, with emphasis on creating processes and policies tailored to your firm’s circumstances. The new risk assessment process is a key component to identifying and evaluating the likelihood and potential impact of various risks to your firm. This webcast will offer a practical approach to risk assessment, and to determining the responses — policies and procedures — to the quality risks facing the firm.

Key Topics

  • Quality management
  • Peer review
  • Audits
  • Risk assessment

Learning Outcomes

  • Recognize the steps to perform a quality risk assessment.
  • Determine a firm’s risk assessment plan.
  • Select responses to quality risks.
  • Identify how to monitor results.

Who Will Benefit

  • CPAs
  • Peer reviewers
  • QM directors
  • AICPA members
  • Auditors
Credit Info
CPE Credits
2
NASBA Field of Study
Auditing
Level
Basic
Prerequisites
None
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
2 hrs
For more information, please refer to CPE requirements and NASBA sponsorship information
Pricing
Do you have an AICPA or CIMA membership? Log in to apply your member discount.
Nonmembers
$149.00
AICPA Members
$125.00
CIMA Members
$125.00

Group ordering for your team

2 to 5 registrants

Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.

Start order

6+ registrants

We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)

Contact us
Speakers
Jeffrey Rapaglia
Forvis Mazars, LLP
Jeff Rapaglia is a Partner within Dixon Hughes Goodman, LLP’s (DHG) Professional Standards Group. Jeff has extensive knowledge of, and insight into, the key challenges facing the audit profession, including major initiatives undertaken by the regulators and standard-setters. He brings more than 20 years of extensive professional experience, having spent more than three years as Technical Director of Professional Practice for the Center for Audit Quality (CAQ), and several years prior as a Senior Manager within the Public Company Accounting Oversight Board’s (PCAOB) Office of Research and Analysis. Prior to these roles, Jeff was Vice President of Financial Reporting for a smaller public financial institution and started his career at a Big Four firm. Jeffrey holds a Bachelor of Business Administration with a concentration in Accounting from the University of Massachusetts at Amherst, and is a Certified Public Accountant licensed in Massachusetts and North Carolina. Jeffrey’s responsibilities include evaluating and enhancing the firm’s audit methodology, authoring knowledge-share content including DHG's comment letter responses to certain regulatory proposals, and developing policies and interpretive guidance on accounting and auditing standards. Jeffrey also serves as an additional technical resource regarding SEC, PCAOB and other public company matters; and continues to be an active member of the American Institute of Certified Public Accountants (AICPA) and the CAQ, with current or past service on various committees and task forces, including the CAQ’s Smaller Firm Task Force and the AICPA's Auditor's Reporting Model and Quality Control Task Forces.
Ahava Goldman
CPA
Ahava Goldman, CPA is a associate director with the American Institute of CPA’s (AICPA) Audit and Attest Standards team. She is the staff liaison for the Auditing Standards Board and supports their standard-setting activities. As associate director, she also helps develop nonauthoritative professional guidance. Before joining the Audit and Attest Standards team, Ms. Goldman was a senior manager on the AICPA’s Examinations Team where she was responsible for the content and development of all sections of the Uniform CPA Examination and provided staff support to senior-level committees and task forces focusing on examination policies, content, and computerization. Before joining the AICPA, she was a supervisor at DDK & Company, manager at Ernst & Young LLP, and senior accountant at Kipnis & Karchmer. She graduated magna cum laude from Stern College of Yeshiva University with a Bachelor of Science in Accounting.
Joe Lynch
Joe has over 25 years of experience in technology, audit, and audit quality compliance with a focus on technology. At JGA, Joe is the IT Audit Advisory Services Leader and works with internal auditors, public and private companies, and regional and national mid-market public accounting firms to implement and to integrate technology into financial processes and improve the audit integration of engagement teams performing integrated audits and service organization reports. He also provides critical input to IT-specific requirements related to new QC standards implementation. As an Information Systems Inspection Leader for over 6 years at the PCAOB, he conducted inspections of QC and global issuer audits at large firms in the US as well as foreign affiliate firms, focusing on examining quality control and the design and implementation of audit work over IT and service organizations in integrated audits. Joe also has over 8 years of experience supporting financial service industry audit teams as a managing director at KPMG. In addition, his experience includes, over 6 years of active-duty service in the US Air Force and directly supporting companies with IT strategic initiatives such as designing the IT framework for technology departments as well as leading implementations of ERPs and systems.
Sherry Chesser
Landmark PLC
Sherry Chesser is a member of Landmark PLC and focuses a majority of her time in the assurance and bond arbitrage practice areas, with industry experience in tax exempt debt compliance, employee benefit plans and nonprofit organizations. In addition, she serves on the management team of the firm and conducts peer reviews, with a focus on peer reviews of benefit plans. Prior to joining Landmark in 2006, Sherry spent 15 years with other public accounting firms providing tax and audit services to a broad base of clients, and also served as a controller for a nonprofit organization. In 2015, she was appointed to the Arkansas State Board of Public Accountancy for a five-year term and is currently serving her final year as President of the board. In addition, she is a committee member of NASBA’s Compliance Assurance Committee and previously served on the Arkansas Peer Review Committee. (ASB Member since 2020-2021)
Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services.The Association is committed to making professional learning accessible to all product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional accommodation requests please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.

Ratings and reviews

Cancellation Policy
View our Cancellation policy here

Related content

    This site is brought to you by the Association of International Certified Professional Accountants, the global voice of the accounting and finance profession, founded by the American Institute of CPAs and The Chartered Institute of Management Accountants.

    About|Terms & Conditions|Accessibility|Privacy Policy|Contact|Help|Site Map

    CA Do Not Sell or Share My Personal Information

    }