SOCPA Releases Guidance Manual for the Implementation of ISQM 1

The Saudi Organization for Chartered and Professional Accountants (SOCPA) has issued a guidance manual for implementing the International Standard on Quality Management 1 (ISQM 1). The new manual provides practical assistance to firms implementing ISQM 1, focusing on quality management systems for financial audits, reviews, and assurance services. This initiative is part of SOCPA's broader strategy to enhance professional standards in accounting and auditing practices across the Kingdom.

 

The manual is now available in electronic format on SOCPA's website​ here.