Course Details

Under the ICAEW Practice Assurance Scheme, ICAEW members and firms are required to comply with four principles-based quality assurance standards.  Every year, the ICAEW’s Quality Assurance Department (QAD) publishes a report setting out the findings of its Practice Assurance monitoring activities.  This provides valuable guidance on quality- and compliance-related matters, not only for those who have to follow the Practice Assurance requirements, but for all who are involved in the accountancy profession.

 

During this course Edward Rands covers the following: 

 

  • Overview of the ICAEW Practice Assurance Standards
  • QAD’s areas of focus during 2022
  • Hints and tips from QAD
  • Review outcomes and common findings
  • Areas of focus for the 2023 reviews

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CPD Course Speaker

ECR Professional Ltd

Edward Rands

Edward Rands was for eleven years the Risk and Professional Standards partner at a large independent firm of chartered accountants.

He led the firm’s technical team, which was responsible for maintaining and updating accounting and auditing knowledge, and for dealing with complex problems and queries as they arose.

He was also the founder chairman of the UK technical committee of his firm’s international network, and a contributing author of the network’s commercially published IFRS manual.

He now works as an independent consultant, advising firms on technical and regulatory matters.