CSQM 2: Engagement Quality Reviews
Requirements for engagement quality reviews (EQRs), including eligibility, scope, and documentation.
Why CSQM 2 matters
All listed-entity audits require an EQR. Late EQR completion is a recurring CPAB finding.
Framework: Canadian Standards on Quality Management (CSQM)
CSQM 1 and 2 (Canadian adoption of IAASB's ISQM 1 and 2) require firms to design and operate a system of quality management that governs how audit and assurance engagements are accepted, performed, and reviewed.
Primary source: FRAS Canada
Frequently asked
What is CSQM 2?
Requirements for engagement quality reviews (EQRs), including eligibility, scope, and documentation.
Why does CSQM 2 matter for an audit?
All listed-entity audits require an EQR. Late EQR completion is a recurring CPAB finding.
Which framework does CSQM 2 belong to?
CSQM 2 falls under Canadian Standards on Quality Management (CSQM). CSQM 1 and 2 (Canadian adoption of IAASB's ISQM 1 and 2) require firms to design and operate a system of quality management that governs how audit and assurance engagements are accepted, performed, and reviewed.
Related standards — Canadian Standards on Quality Management (CSQM)
See how Auditus checks CSQM 2
Auditus.ai runs PCAOB, ISA, and CAS engagements end-to-end and cites the exact standard behind every finding — including CSQM 2.