Risk-Based Quality Management
The new standards for quality management (ISQM, CSQM, ASQM, etc.) in many regions across the globe are moving accounting firms to a modernized, risk-based approach to quality management. This approach will ensure reasonable assurance that the firm is fulfilling compliance requirements for professional, legal and regulatory standards, as well as for delivery of engagement reports. To bring about this change, technology is going to play an essential role.
Introducing Caseware SQM – our robust, intuitive, cloud-based system of quality management designed for progressive accounting firms. It’s easy to design, implement and manage at the firm and engagement level, and helps practices deliver assurance services with confidence.
Key Features
100% Cloud-Based
Built on our robust Caseware Cloud platform to ensure information security, collaboration, easy scalability and availability from any device, at any given time.
Built-In Risk Assessment Process with Guidance and Checklists
Gain and document understanding of the firm, identify quality risks, set risk assessment thresholds and assess the potential effect on the business.
A Rich Library of Risks, Policies and Procedure Responses
Designed by global industry experts in the field of quality management and assurance.
Automated Notifications in Real Time
Get notified about staff activities and tasks and receive reminders about periodic tasks.
Intuitive User Experience
With an easy-to-use interface, search, select, add relevant details, sign off or track task progress like never before, integrating SoQM into your routine.
Controlled Access
Flexibility to assign access to different modules within the application based on the roles and responsibilities within the process, ensuring quality control.
Harness the Power of Technology and Risk Approach
Comply with Confidence
Ensure compliance with regional and international quality management standards, reducing quality risks and stress related to regulatory inspections.
Build Trust
Improve your firm’s reputation and contribute toward enhancing the public trust in the accounting profession.
Boost Efficiency and Productivity
Take advantage of the intuitive quality management app to set up clear processes and responses that are documented and consistently applied.
Drive Growth
Facilitate better practice management and drive business growth by managing risks proactively.
Ensure Consistency
Build process consistency across the different practice areas and streamline accountability of different partners and staff.
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