Optimizing Quality Management Documentation for SQMS No. 1
To ensure compliance with the Statement on Quality Management Standards No. 1, firms must implement a living quality management (QM) system. This system must be designed, implemented, operated, and evaluated on an ongoing basis.
The QM deadline is December 15, 2025. Firms should optimize their quality management documentation to keep it comprehensive, yet right-sized.
A Firm’s System of Quality Management requires more than just creating a static document and filing it away.
Practical tips are available to help firms keep their documentation appropriate and comprehensive.
Author's summary: Optimize QM documentation for SQMS No. 1 compliance.