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Mastering ISQM 1 - Webinar 1: What Small Accounting Practices Need to Know

ISQM 1 sounds complicated, but it doesn’t have to be. This standard applies to you if you compile financial statements or perform independent reviews or agreed-upon procedures. This webinar breaks down what ISQM 1 is, why it matters (even for small firms), and how to get started without needing a compliance officer or a huge manual. Whether you’re a one-person practice or managing a lean team, we’ll show you how to start building a quality system that’s simple, smart, and scalable.

2 CPD units 16 April 2025 1 presenter

What will set you apart

By completing this course you will gain the following competencies

  • A clear understanding of who must comply with ISQM 1 (spoiler: probably you)
  • Clarity on what ISQM 1 is actually about—no fluff, no audit talk
  • The first steps to create your own quality system using real templates
  • Confidence to face a CIBA practice review (without breaking into a sweat)

Event breakdown

  • Welcome & Overview
  • What ISQM 1 is and what it is NOT
  • Who Needs to Comply?
  • Scaling ISQM 1 for Small Firms
  • Getting Your Quality Policy Started
  • What to Expect from a Practice Review
  • Q&A and What’s Next
Category: Practice ManagementType: CPD CourseCPD category: Practice Management

Description

ISQM 1 isn’t just for audit firms. If your practice does reviews, AUPs, or compiles annual financials—you’re in the game. This webinar cuts through the complexity and shows you how to start implementing ISQM 1 in a practical way that fits your firm. We’ll cover what the standard requires, how to assign responsibility, and what “quality management” looks like in real life (not in a textbook). This is your roadmap to getting it done—simply, efficiently, and without overthinking it.

Presenters

Eszter Rapanos

Eszter Rapanos — Eszter Rapanos is a Chartered Accountant (SA) with extensive experience in auditing, quality assurance and the public sector. She began her career at the Auditor-General South Africa and has worked on projects involving organisations such as the European Union, World Bank, GIZ and KfW. She has also held senior roles in audit, training and quality control within accounting firms. At CIBA, Eszter leads quality assurance and public sector initiatives, drawing on her strong technical, regulatory and professional experience.

You will earn a certificate

On successful completion you will receive a certificate for 2 CPD units in Practice Management.

Requirements

  • Laptop, desktop, or mobile device with internet access
  • Microsoft Edge, Google Chrome, Safari, or Firefox browser