For audit firms subject to ISQM 1 and responsible for establishing and maintaining a System of Quality Management (SOQM).
The software provides an intuitive methodology to help you set and achieve quality objectives; identify and assess quality risks; design and implement responses; and perform monitoring and corrective actions
AuditBrain ISQM 1 cloud software streamlines the design, implementation, integration, and operation of the System of Quality Management (SOQM) required for audit firms. Its intuitive, risk-based approach supports setting and achieving quality objectives; identifying and assessing quality risks; designing and implementing responses to those risks; and monitoring and evaluating the effectiveness of responses and corrective actions.
AuditBrain ISQM 1 supports a
risk-based, quality-focused
approach—prioritizing threats
that could affect your firm’s
quality objectives.
AuditBrain ISQM 1 runs on secure cloud infrastructure and implements controls to protect the confidentiality, integrity, and availability of your firm’s information—giving you confidence and peace of mind.
With an intuitive interface and streamlined workflows, AuditBrain ISQM 1 is easy to use—enabling quick, hassle-free adoption.
Our software adapts to each firm’s needs, from SOQM design and structure to automated reports.
Our software comes preconfigured and can be tailored to your firm—adjusted and configured to your specific requirements.
Our methodology is developed by professionals with deep expertise in quality risk management for audit firms.
The heatmap helps
identify the most critical
quality risks.
Specialized worksheets
and intuitive workflows streamline the
documentation and assessment of
responses and risks.
Prebuilt content and
a quality-risk library streamline
SOQM implementation.
Automated reports provide a clear view of the SOQM status and related findings.
Assistance defining
risks, designing responses,
configuring the software,
and developing a strategy for reporting
findings.
Thanks to AuditBrain’s implementation service, you can:
Facilitate the implementation of QMS in AuditBrain software by taking full advantage of the quality management ecosystem for audit firms.
Adapt the QMS according to the nature and circumstances of the audit firm and its engagements, in accordance with NIGC1.
Support the Quality Leader and understand its use and tools, improving its application.
View key indicators
focused on risk-based
quality management.
Identify and classify quality risks by component.
Measure work progress by
quality component.
Access 140+ predefined quality risks aligned with ISQM 1.
Includes a quality manual and code of ethics that can be tailored to your audit firm.
Prioritize quality risks
visually for more effective
management.
Structure and
document the components,
objectives, risks, and responses
of the System of Quality Management (SOQM)
according to your firm’s needs.
Implement a dynamic process
for monitoring and
remediation of the SOQM.
Generate reports on identified deficiencies, their severity, planned corrective actions, and whether the effect was corrected.