Учёт. Анализ. Аудит (Sep 2024)
Conceptual Approaches to the Implementation of a Quality Management System for Audit Services Based on International Standard for Quality Management 1
Abstract
In 2024, the issues of effective implementation of the audit services quality management system are playing a crucial role in any audit organization, since the quality of audit service delivery, which is expected, appreciated, and valued by stakeholders, lies at the heart of the audit profession, creating trust and underpinning confidence in the auditing profession and enabling auditors to act in the public interest. Currently, great importance is being placed on the implementation of an audit quality management system. Firms that embrace change and are the proponents of adopting a proactive approach to audit innovation will have a better chance of success in the years ahead. By using technology, building diverse teams and staying up to date with changes in legislation, auditors can ensure that they provide the highest quality services while staying one step ahead. It seems that the solution to this problem is possible with the introduction of a quality management system for audit services based on International Standard for Quality Management 1 (ISQM 1). The purpose of the study is to develop conceptual approaches to the implementation of a quality management system (QMS) for audit services based on International Standard for Quality Management 1. Its use will guarantee a high professional level of auditors and allow them to keep abreast of changes in legislation. In the process of work, such general scientific methods of cognition as observation, induction, deduction, system analysis, generalization, analysis, and synthesis were used. This article substantiates the need for a systematic, comprehensive, and integrated approach to the implementation of a quality management system for audit services based on International Standard for Quality Management 1 based on the integration of risk management with the processes of strategic planning and performance management of an audit firm. A conceptual approach to the implementation of a quality management system for audit services based on International Standard for Quality Management 1 has been formed. The main stages of its implementation have been identified and detailed. The results of the study are intended for a wide range of readers, including managers, employees of audit organizations who are responsible for the organization and functioning of the quality management system of audit services in the development of regulations and the implementation of a quality management system for a wide range of audit services.
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