Part of a firm’s monitoring and remediation process includes the evaluation of its identified deficiencies through investigation of the root cause of these deficiencies.  Root cause analysis plays a vital role in addressing deficiencies, and its use will became compulsory within one year following the implementation of the new auditing standard, International Standard on Quality Management (ISQM 1).

This one-hour webinar will cover the following:

• What we understand by Root Cause Analysis
• What ISQM 1 requires of us
• Determining when a root cause analysis is required
• How to carry out an effective root cause analysis
• Documentation requirements