Welcome to TXCPA South Plains
The Texas Society of CPAs is the premier professional membership organization for CPAs in Texas. Founded in 1915, the society empowers members to lead and succeed by promoting professional excellence, advocating on behalf of CPAs, and supporting a sense of community and connection among its members. TXCPA South Plains serves members in 15 counties and is committed to serving the public interest with programs that advance the highest standards of ethics and practice with the CPA profession.
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Prepare Your Firm for New QM Standards – With These Tips

  • Published on Dec 16, 2024
  • by Wayne Hardin

A Peer Review standards update was recently approved to better align with Quality Management (QM) guidance. CPA firms providing audit and accounting services need to gain awareness of the QM standards' existence, understand the significant changes they make to the firm's approach to quality and address new risk-based considerations in the firm’s practice. Firms have until Dec. 15, 2025, to establish a QM system in accordance with SQMS No. 1.

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