Firms that perform audits, reviews, or compilations have a little more than four months to implement the new risk-based quality management (QM) standards. The task may feel daunting, but Joe Lynch, ...

Many small firms and sole practitioners are unclear about how exactly to fulfill the monitoring and remediation requirements in Statement on Quality Management Standards (SQMS) No. 1, A Firm’s System ...

To improve the overall safety and performance of medical devices, the United States FDA has proposed an amendment to the Code of Federal Regulations (CFR) for 21 CFR4 Part 820 of the current good ...

The American Institute of CPAs issued a new practice aid Thursday to help auditors and accountants set up a quality management system at their firms ahead of a required deadline, while also asking the ...

The rise of regulation enforcement, the increase in quality risk, and the quest for operational excellence are driving the use of Quality Management Systems (QMS). By solution, the quality analytics & ...

All firms that perform accounting or attest engagements must have their new quality management system in place by Dec. 15, 2025. These new standards require firms to develop quality objectives around ...

DELRAY BEACH, Fla., June 25, 2026 /PRNewswire/ -- According to MarketsandMarkets™, the Quality Management System (QMS) Software Market is projected to grow from USD 11.73 billion in 2026 and to reach ...