Practitioners preparing for the new AICPA quality management (QM) standards now have access to a practice aid designed to help their cause.
The free practice aid, Establishing and Maintaining a System of Quality Management for a CPA Firm's Accounting and Auditing Practice, is available in versions for sole practitioners and for small- and medium-sized firms.
The AICPA created the practice aid to help accounting professionals establish a QM system for their firm's accounting and auditing practice in line with the Statement on Quality Management Standards No. 1, A Firm's System of Quality Management.