Overview

Risk-based quality management

The adoption of the new International Standard on Quality Management (ISQM) is moving accounting firms toward a modernized, risk-based approach to quality management. To bring about this change, technology is going to play an essential role. Introducing Caseware SQM – a 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 levels, and helps practices deliver assurance services with confidence.

Features

Built-in risk assessment process with guidance and checklists

Gain an understanding of the firm, identify quality risks, set risk assessment thresholds and assess the potential effect on the business. Proactively approach risk management by spotting potential risks before they occur and take preventative measures to reduce the likelihood of non-conformance.

Rich library of risks, policies and procedure responses

Designed and approved by a global group of industry experts in the field of quality management and assurance, SQM facilitates compliance to both global and localized quality management standards such as ISQM, SQMS, CSQM, ASQM, NIGC, etc. Ensure that your firm is equipped to address a wide range of quality-related issues.

Automated notifications delivered in real time

Get notified about staff activities and tasks instantaneously through email notifications on all changes and updates, and receive reminders about periodic tasks as per the frequency defined during the design phase. Increase efficiency and free up employees’ time and resources to focus on other important tasks.

Controlled access

Flexibility to assign access to different modules within the application based on the roles and responsibilities within the process, ensuring quality control. Reduce the risk of costly data breaches, unauthorized access to sensitive information and other security issues.

Benefits

Comply with confidence

Assists with maintaining international quality management standards and 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 your different practice areas and streamline accountability of different partners and staff.