New Audit Regulation: Internal organization of offices and new challenges

The foreseeable approval of the New Audit Regulation, in which new requirements of internal organization of the Firms are developed, as well as the modification of ISA 220 and the publication of ISQM1 that will replace ISQC1, move the foundations of the sector.

In the opinion of Julio Sainz Gascón, Economist and Account Auditor, “quality management must be proactive by the audit firms, abandoning the current quality control approach and adopting a risk assessment approach and selection of measures that minimize them. “

In this sense, the management processes of the Firm must be documented as the case of the Auditsoft tool that ensures compliance with the regulations that affect the same – accounting, commercial tax, information security, data protection, prevention money laundering, etc.- and. Of course, the activity of the account audit activity.

These are new internal organization requirements, proactive quality management and regulatory compliance that require a training treatment similar to that done in the course held on November 28 in webinar format.

The “Practical course of audit 3. New Regulation: Internal organization of offices. New challenges” is approved by the Institute of Accounting and Audit of Accounts under the Ministry of Economy and Business and is taught by the expert Julio Sainz Gascón. Regarding the content, the new regulatory requirements will be detailed and we will make a case study of the organization of the Firm that documents the processes and ensures compliance with the applicable regulations.