ISQM Software
Symbiant ISQM Software – Meet International Standard on Quality Management (ISQM) with Confidence
Streamline ISQM (International Standard on Quality Management) compliance with software that provides a clear, structured framework. From risk identification and control implementation to incident management and action tracking, Symbiant ISQM Module ensures your firm meets requirements in a practical, auditable, and cost-effective way.
From only £100 per module/month for unlimited users*
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ISQM (International Standard on Quality Management) Software
What Is ISQM (International Standard on Quality Management) and Why It Matters?
The International Standard on Quality Management (ISQM), introduced by the IAASB and adopted in the UK by the FRC, establishes a risk-based approach to quality management for all firms performing audits, reviews, and assurance engagements.
It is built around two standards:
- ISQM 1 – Firm-level system of quality management (SoQM) covering governance, ethics, client acceptance, risk assessment, performance, resources, communication, and monitoring.
- ISQM 2 – Engagement quality reviews (EQRs) to provide an independent evaluation of significant judgements and conclusions on high-risk or listed engagements.
Together, ISQM 1 and 2 ensure firms deliver consistent, high-quality engagements that protect public trust.
Fully Customisable
<p>Symbiant GRC and Audit Software is easy to embed, intuitive to use, and ready straight out of the box. The platform can also be fully customised and tailored to meet your organisation’s <span style=”text-decoration: underline;”><strong>exact</strong></span> requirements.</p>
Seamless Integration with Other Modules
Symbiant Embedded AI
ISQM (International Standard on Quality Management) Software
Who Does ISQM Apply To?
- Audits of financial statements (ISAs UK)
- Reporting accountants on investment circulars
- Reviews of interim financial information (ISRE 2410)
- Assurance on client assets for the FCA
- Public interest assurance engagements (ISAE 3000)
If your firm provides audit or assurance services, ISQM compliance is mandatory.
Easily Meet ISQM Requirements
Symbiant ISQM Software is Designed to Simplify Compliance with the International Standard on Quality Management
Symbiant’s ISQM Module helps organisations meet International Standard on Quality Management (ISQM) requirements through a clear and structured framework. From identifying risks and implementing controls to managing incidents and tracking actions, the module simplifies ISQM compliance and makes oversight more auditable and easier to manage across the organisation.
Clear, Structured ISQM Compliance Framework
Straightforward ISQM compliance
Follow a clear, structured framework that guides your team step by step through ISQM requirements. Symbiant ISQM module provides businesses with clear objectives to follow, beginning with risk identification, followed by the implementation of control measures and the management of incidents , ensuring consistency and compliance across the firm.
Tamperproof design
Tamperproof Audit-Ready Oversight
Protect the integrity of your compliance data with a tamperproof system. Every record is secure, ensuring reliable, audit-ready evidence that regulators and auditors can trust without the risk of alteration or loss.
Spreadsheet Data Import
Simple Spreadsheet Data Import
Easily migrate existing data into the system with seamless spreadsheet import. Whether you’re moving from manual processes or consolidating different records, Symbiant makes onboarding quick and painless without the need for complex setup.
Secure Audit-Ready Evidence
Tamperproof Compliance Records
Protect the integrity of your compliance data with a tamperproof system. Every record is secure, ensuring reliable, audit-ready evidence that regulators and auditors can trust without the risk of alteration or loss.
How Connected ISQM Management Works in Practice
Effective ISQM compliance requires more than isolated policies and periodic reviews. Organisations need a connected framework where risks, controls, incidents, actions, and evidence work together within one structured system.
Symbiant creates a connected ISQM workflow that helps firms improve oversight, strengthen accountability, and maintain audit-ready quality management processes across the organisation.
Quality Risks Are Identified
Potential quality management risks can be identified and recorded within the system, helping firms maintain visibility over issues that could impact engagement quality, governance, or compliance.
Controls and Mitigation Measures Are Implemented
Controls, policies, and mitigation activities can be linked directly to identified risks, creating a clearer relationship between quality concerns and the measures designed to manage them.
Incidents and Issues Are Logged
If incidents, failures, or quality concerns occur, they can be captured within the Incident Reporter Module and linked back to associated risks and controls for greater oversight and traceability.
Reviews and Remedial Actions Are Triggered
Reviews, assessments, and corrective actions can be created and assigned to responsible users, helping ensure issues are investigated and managed consistently.
Automated Notifications Keep Activities Moving
Automated reminders, escalation workflows, and notifications help ensure actions, reviews, and remediation activities continue progressing without relying entirely on manual follow-up.
Evidence and Audit Trails Are Captured
Symbiant maintains tamperproof, audit-ready records across the entire quality management lifecycle, helping organisations demonstrate accountability and oversight more effectively.
Evidence and Audit Trails Are Captured
Symbiant maintains tamperproof, audit-ready records across the entire quality management lifecycle, helping organisations demonstrate accountability and oversight more effectively.
Audit-Ready Reporting Supports Ongoing Compliance
Because information is connected within a Single Source of Truth (SSOT), firms can generate clearer reports, improve visibility across teams, and simplify ongoing ISQM compliance management.
A More Connected and Proactive Quality Management Framework
By connecting risks, controls, incidents, actions, reviews, and reporting within one ecosystem, Symbiant helps organisations move beyond fragmented manual processes toward a more structured, scalable, and resilient approach to ISQM management.
Reimagine Compliance with AI
How Symbiant AI Transforms Compliance Management
Smarter, faster, and fully connected—Symbiant AI empowers compliance teams to stay ahead of regulations, uncover hidden risks, and automate the manual work that slows you down.
Starting from just £100/month*
Unlimited users. Unlimited requests.
Proactive Compliance Monitoring with AI Insights
From Root Cause to Ripple Effect—AI Connects the Dots
Save Time
Where Compliance Meets Strategy, Powered by AI
Compliance isn’t just a checklist, it’s part of your strategy. Symbiant AI links risks and controls to your organisational goals and resources, making compliance a driver of smarter decision-making.
AI for ISQM – Automatic Alignment with the Standards
Symbiant’s optional AI Assistant streamlines ISQM 1 and ISQM 2 compliance by:
- Writing your objectives in professional, compliant language.
- It matches each objective to the correct ISQM code they relate to.
- Detecting gaps and missing standards so nothing slips through the cracks.
It’s like having an expert always by your side, saving you hours of manual work, removing the risk of oversight, and giving you confidence that your system of quality management is complete, consistent, and regulator-ready.
Work Smarter: AI Reduces Admin Burden
Ensure Privacy and Security
FAQ
Common Questions About Symbiant’s ISQM Module
Explore answers to the most asked questions about Symbiant’s GRC and Audit Management software with an optional AI-Assistant, from features and benefits to pricing and integration.
What is ISQM software?
ISQM software is a tool that helps audit and assurance firms comply with the International Standard on Quality Management (ISQM 1 and ISQM 2). It provides a structured, risk-based framework to design, operate, and monitor a system of quality management (SoQM), replacing manual spreadsheets with tamperproof, audit-ready evidence.
What is the difference between ISQM 1 and ISQM 2?
ISQM 1: A firm-level standard requiring firms to implement a proactive system of quality management across eight components (risk assessment, governance, ethics, client acceptance, engagement performance, resources, information, and monitoring).
ISQM 2: An engagement-level standard requiring independent engagement quality reviews (EQRs) for high-risk or listed audits.
Who needs ISQM compliance software?
All audit and assurance firms must comply with ISQM (UK), including:
Audits of financial statements under ISAs (UK)
Reporting accountants on investment circulars
Reviews of interim financial information (ISRE 2410)
Assurance engagements for the FCA (client assets)
Public interest assurance engagements under ISAE 3000
Whether you are a small practice or a large network, ISQM compliance is mandatory.
Why is ISQM important for audit quality?
All audit and assurance firms must comply with ISQM (UK), including:
Audits of financial statements under ISAs (UK)
Reporting accountants on investment circulars
Reviews of interim financial information (ISRE 2410)
Assurance engagements for the FCA (client assets)
Public interest assurance engagements under ISAE 3000
Whether you are a small practice or a large network, ISQM compliance is mandatory.
Who needs ISQM compliance software?
All audit and assurance firms must comply with ISQM (UK), including:
Audits of financial statements under ISAs (UK)
Reporting accountants on investment circulars
Reviews of interim financial information (ISRE 2410)
Assurance engagements for the FCA (client assets)
Public interest assurance engagements under ISAE 3000
Whether you are a small practice or a large network, ISQM compliance is mandatory.
What are the eight components of a system of quality management (SoQM)?
According to ISQM 1, firms must address:
- Risk assessment process
- Governance and leadership
- Ethical requirements
- Client acceptance and continuance
- Engagement performance
- Resources
- Information and communication
- Monitoring and remediation
What makes ISQM software better than spreadsheets?
Manual spreadsheets are fragmented, error-prone, and hard to audit. Symbiant ISQM Software offers:
A centralised, tamperproof system
Automated action tracking and reminders
Easy import of existing data
Transparent, audit-ready reports for regulators and reviewers