Major changes are in the works for quality control standards, including a name change. This session will present an overview of the IAASB’s exposure drafts on a suite of quality management standards, which are open for comment until July 1, 2019. The session will cover the key changes from the current standards and the ASB’s approach to convergence with the proposed standards.
1) Awareness of the IAASB exposure drafts
2) Understanding of the key changes in the proposed standards
3) Understanding the implications for the ASB QC standards