CSQM Compliance & Practice Inspection Survival Guide
CSQM inspections are tougher than ever and many firms are falling short. If your firm isn’t fully prepared for CSQM, the risk of failed inspections, re-inspections, and even disciplinary action is real. AJAG is here to help provide insights, tools, and the training you need to protect your firm and stay compliant.
5 Key Questions
Is Your Firm Really Inspection-Ready?
Passing a CSQM inspection takes more than “best efforts”. To protect your firm’s record you need to have the right processes, documentation, and evaluations in place. Start by asking yourself these 5 key questions:
- 1
When asked to submit documentation related to your firm’s system of quality management, what will you provide?
- 2
If you haven’t implemented CSQM1 or updated your firm’s previous (CSQC1) quality management policies, what will happen if you do nothing?
- 3
What information will you need to provide to practice inspection to demonstrate your annual monitoring was performed?
- 4
How often must file monitoring be completed?
- 5
What happens if you don’t have enough eligible CPD hours (excluding taxation) to meet your PAL requirements when you submit your hours for practice inspection?
Resources & Courses
Hear It Straight From The Expert
In this AJAG PD Pod episode, Marcus Guenther — former author of CPA Canada’s Quality Management Manual — explains why so many firms are failing CSQM inspections and what you can do to prepare.
Go Deeper With AJAG Courses
Understanding the risks is just the first step. To get fully prepared, explore our lineup of Quality Management courses led by Marcus Guenther. Each course is built to help your firm strengthen its SoQM, avoid costly missteps, and stay inspection-ready.
