ISQMs - Mastering Quality Management: A Two-Day Dive into International Standards and Practical Adaptations

សិក្ខាសាលា ស្តីពី៖

ISQMs – Mastering Quality Management: A Two-Day Dive into International Standards and Practical Adaptations

សិក្ខាសាលា លម្អិត

វិច្ឆិកា 20, 2025 - វិច្ឆិកា 21, 2025 9:00 ព្រឹក-5:00 ល្ងាច
Himawari Hotel Apartments
English
CPD 16 hrs

KICPAA MemberKHR 1,245,000/ ក្នុងម្នាក់
Non Member/ ក្នុងម្នាក់

KICPAA Physical Workshop |ISQMs – Mastering Quality Management: A Two-Day Dive into International Standards and Practical Adaptations

Elevate Your Audit Practice – Master ISQMs in a Two-Day Workshop!

Don’t miss this opportunity to enhance your expertise and take your career to the next level. Join our ISQMs Workshop – Mastering Quality Management: A Two-Day Dive into International Standards and Practical Adaptations tailored for Cambodian audit professionals.

Date: Thursday & Friday, 20 – 21 November 2025

Time: 9:00 AM – 5:00 PM

Venue: Himawari Hotel Apartments

CPD: 16 hours

Detailed Course: https://shorturl.at/TZPuH

Our expert speaker, Ms. Yap Ting Wen, CA (Singapore), Senior QA Reviewer of the Institute of Singapore Chartered Accountants, will share Singapore’s practical experience with audit practitioners, focusing on supporting small and medium-sized firms (SMPs) in implementing quality management standards. Learn from the ISCA Quality Assurance Review Programme, designed to help SMPs strengthen audit quality and compliance.

What you will learn:

• Understand the key requirements of ISQMs, common practical challenges faced by Small and Medium-sized Practices (SMPs), and recommended approaches to address them

• Receive a complimentary ISQM Toolkit (comprising of possible quality risks, suggested policies & procedures, implementation help tips, practical examples and forms for each component) which will be used as one of the materials during the workshop

• Learn how to adapt from our ISQM Toolkit and tailor to your firm’s circumstances

• Discussion-based workshop including advice from facilitator on the development of your customised quality management manual

This workshop is exclusively for Cambodian SMPs, ideal for practitioners and audit professionals seeking to enhance skills in practice review, quality management system implementation, and compliance with ISQM 1, ISQM 2, and ISA 220.

Note:

• The workshop will be conducted in English Only.

• Participants will be awarded 16 CPD hours with a certificate upon full attendance.

• Coffee break, lunch, and training materials will be provided.

នរណខ្លះគួរចូលរួមវគ្គនេះ?

This physical workshop is exclusively for SMPs in Cambodia. It is suitable for practitioners and audit professionals seeking to enhance their knowledge and practical skills in preparing for practice review, implementing quality management systems, and ensuring compliance with ISQM 1, ISQM 2 and ISA 220.

Ms. Yap Ting Wen, CA (Singapore)

Senior QA Reviewer, ISCA

Ms. Yap Ting Wen is the Senior Quality Assurance (QA) Reviewer at the Institute of Singapore Chartered Accountants (ISCA). She manages ISCA’s Quality Assurance Review (QAR) Programme and the Voluntary Compliance Programme (VCP), supporting firms in strengthening their systems of quality management and audit quality. Beyond her QA role, Ms Yap also leads initiatives to keep the SMP community informed, connected, and engaged, including digitalisation as well as knowledge-sharing and networking events. Prior to joining ISCA, Ms. Yap held the role of Audit Manager at one of Singapore’s Big 4 accounting firms. She was also a Finance Manager at both a publicly listed company and a private enterprise, amassing expertise in the fields of auditing and finance. Her distinguished qualifications include being a Chartered Accountant of Singapore.

វាគ្មិន

ព័ត៌មានទំនាក់ទំនង

Ms. Rath Sokleakhena
Membership Officer
077 241 707 / 088 464 208 7
info@kicpaa.org

This workshop aims to share Singapore’s experience with practitioners and audit professionals from the Cambodia. To support audit firms in improving audit quality, the Institute of Singapore Chartered Accountants (ISCA) has put in place a Quality Assurance Review Programme to help audit firms, especially the small and medium-sized firms (SMPs) in the implementation of quality management standards.

This workshop aims to share practical insights and implementation help tips of the new quality management standards and top findings from the Quality Assurance Review Programme.

Introduction and Overview to ISQM
The Firm’s Risk Assessment Process
Governance and Leadership Relevant Ethical Requirement
Acceptance and Continuance of Client Relationships and Special Engagements
Engagement Performance
Resources, Information, and Communication
ISQM 2: Engagement Quality Reviews
Monitoring and Remediation

What is ISQM 1?

Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements, replaces the IAASB’s current standard, International Standard on Quality Control (ISQC) 1, which addresses firms’ systems of quality control.

Under ISQM 1, firms are required to design a system of quality management to manage the quality of engagements performed by the firm. ISQM 1 applies to all firms that perform audits or reviews of financial statements, or other assurance or related services engagements (i.e., if the firm performs any of these engagements, ISQM 1 applies to managing quality for those engagements).

(https://www.ifac.org/_flysystem/azure-private/publications/files/IAASB-ISQM-1-Fact-Sheet.pdf)

What is ISQM 2?

Since an engagement quality (EQ) review is a specified response designed and implemented by the firm to address quality risks, International Standard on Quality Management (ISQM) 1, Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements, addresses the scope of engagements subject to an EQ review.

The performance of an EQ review is undertaken at the engagement level by the EQ reviewer on behalf of the firm. Accordingly, ISQM 2, Engagement Quality Reviews, addresses:
The appointment and eligibility of the EQ reviewer; and The EQ reviewer’s responsibilities relating to the performance and documentation of an EQ review.

(https://www.ifac.org/_flysystem/azure-private/publications/files/IAASB-ISQM-2-Fact-sheet.pdf)

What is ISA 220 (Revised)?

Quality Management for an Audit of Financial Statements, deals with the specific responsibilities of the auditor regarding quality management at the engagement level for an audit of financial statements, and the related responsibilities of the engagement partner.
(https://www.ifac.org/_flysystem/azure-private/publications/files/IAASB-ISA-220-Fact-Sheet.pdf)