ISQM 1 & 2 framework
Centralise your quality objectives, related risks, planned responses and follow-up items in a structured framework.
ISQM module · Audityx Organise your ISQM 1 & 2 obligations, risks, responses and actions to approve in an environment designed for statutory auditors.
Quality framework
ISQM brings together what you need to steer the system, while leaving managers in charge of assessing and approving actions.
Centralise your quality objectives, related risks, planned responses and follow-up items in a structured framework.
Link each risk to the measures adopted by the firm and keep a clear view of responsibilities.
Once risk responses are defined, submit the related actions for explicit, documented approval.
Adapt the setup to your firm’s size, organisation and activities.
See the actions to carry out, their progress and the points that need to be reassessed.
Work in French, Dutch or English to make adoption easier for all your teams.
The module links your quality objectives to the identified risks, the responses put in place and the actions that then need to be approved. Every step stays clear, assigned and documented.
Pre-configured for a faster start, ISQM is then adapted to your firm’s structure, activities and responsibilities.
See the plansDefine the quality objectives that apply to your firm.
Identify risks and assess their impact.
Define the responses to risks, their owners and their deadlines.
Approve the actions arising from the risk responses, then document their follow-up.
Developed by the IAASB, the ISQM standards require firms to take a proactive approach: identify quality risks, put appropriate responses in place and regularly review the system’s effectiveness.
The quality management system must reflect the firm’s own structure, services and clients.
Objectives, risk responses and actions to approve are assigned, making management clearer and traceable.
Open points, findings and actions feed the ongoing evaluation of the quality system.
“The software incorporates the entire ISQM standard, which saves considerable time when setting up the quality control management system. Developed in collaboration with auditors, the tool is perfectly suited to our profession.”
On its own, ISQM remains a declarative framework: you keep your objectives, risks and actions up to date yourself. Add Missions and your quality tracking updates itself as work progresses in your files.
ISQM alone — you update your objectives, risks and actions yourself.
ISQM + Missions — every engagement step you complete updates your ISQM tracking, with no re-entry.
We present the module based on your organisation, your processes and your priorities.
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