A modern quality management solution to gain SQMS 1 compliance by Dec. 15, 2025
CPA.com and QMCore
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Ensure your firm is prepared for the new quality management standards that go into effect Dec. 15th 2025.
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Watch: Accelerate Your Path to SQMS No. 1 Compliance
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Learn more about how QMCore can help your firm meet every quality management requirement quickly, efficiently, and accurately.
Streamline your audit quality management with QMCore
SQMS 1 goes into effect on December 15th, 2025, and is the latest in a line of constantly evolving quality management standards that require significant attention and changes for audit and assurance firms. Compliance can be complex and time-consuming. That's why CPA.com has partnered with FinReg Global to bring you QMCore, a comprehensive quality management system designed specifically for audit and assurance firms.
Audit and assurance compliance
WHAT IS SQMS 1?
SQMS 1 (Statement on Quality Management Standards 1) requires audit and assurance firms to implement a robust System of Quality Management (SOQM) replacing their existing quality procedures under SQCS 8.
- New Quality Management Standard - Statement on Quality Management Standards 1
- Applies to all audit and assurance firms
- Requires the implementation of a robust system of quality management
- Replaces current quality procedures under SQCS 8
REQUIREMENTS AND CHALLENGES OF SQMS 1 COMPLIANCE, AN ITERATIVE, RISK-BASED APPROACH
Designating and implementing an SOQM before December 15, 2025 that complies with SQMS 1
Documenting and managing a risk assessment based on quality objectives
Assigning responsibility to individuals to operate their system of quality management
Establishing a monitoring and remediation approach to confirm quality objectives are achieved to ensure continuous quality across your firm
Why QMCore for quality management?
QMCore is a powerful solution that simplifies and streamlines your firm's audit quality management journey. It's built to help you meet your ever-evolving standards requirements, giving you peace of mind and freeing up your team to focus on what they do best: delivering exceptional audits.
Promote Compliance
QMCore is designed to align with the latest AICPA quality management standards, helping you avoid compliance risks and potential penalties.
Additional Standards
If required, QMCore can also address QC 1000, and ISQM 1 alongside SQMS 1 within the same solution.
Centralized System
Manage all aspects of your quality management system in one place, from risk assessment and monitoring to documentation and reporting.
Efficiency and Automation
Automate key processes, reduce manual work, and improve overall efficiency in your quality management workflows.
Risk Management
Identify, assess, and mitigate risks to your audit quality with robust risk management tools.
Scalability
QMCore can scale with your firm's growth, ensuring you have a reliable quality management system as your needs evolve.
Compliance confidence for firms of all sizes
Larger firms face more risks, more reporting, and deeper monitoring needs. Smaller firms want simple dashboards, practical guidance, and easy oversight. QMCore adapts to both. It gives you the structure and insight to meet SQMS No. 1, no matter how complex your practice is.
Local firms and sole proprietors
With less than 6 Audit & Assurance professionals
Meet every standard requirement quickly, efficiently, and accurately.
Features
- Structured Risk Assessment
- Monitoring and Remediation
- Built-in Audit Trails
- Dashboard view
- Secure and Cloud Based
- Continuous Alignment with SQMS 1 Requirements
- Step-by-Step Guidance for Quick Implementation
Regional and national firms
With more than 6 Audit & Assurance professionals
For teams requiring advanced features, scalable workflows, and deeper quality management functionality aligned with SQMS 1.
Additional features
- Ability to configure the solution to your needs
- Dashboard editing
- Ability to set future tasks
- Reduced response time
- Face-to-face training
Contact our team for a tailored solution that supports robust oversight, documentation, and continuous improvement across your firm.
Additional QMCore resources on quality management
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Building a future ready firm
The accounting landscape is changing rapidly and one word—complexity—defines both the greatest challenge and opportunity for CPAs. To keep pace with client expectations, firms are rethinking their strategies for practice management, client services and talent development.
CPA.com is your primary source for taking the complexity out of moving your firm into the digital arena – enabling you to focus on growing your business with the smartest solutions in our profession.
To learn more about CPA.com, please contact our team at inquire@hq.cpa.com or by calling 1.855.855.5CPA.