The International Federation of Accountants (IFAC) released the second part of a three-part publication series to help small and medium-sized entities (SMEs) implement the International Auditing and Assurance Standards Board's (IAASB's) quality management standards, a news release said.
The report, according to the release, provides "a step approach to identifying your quality objectives; completing your quality risk assessment process; identifying existing, or creating new, responses to those quality risks; and implementing, documenting, and communicating your system of quality management".
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