To ensure compliance with the Statement on Quality Management Standards No. 1, firms must create a comprehensive and right-sized quality management documentation system.
The standard, which becomes effective on December 15, 2025, requires more than just a static document. It proposes a
living QM system that is designed, implemented, operated, and evaluated on an ongoing basis.
Key considerations for optimizing quality management documentation include keeping it appropriate and comprehensive, yet right-sized.
Author's summary: Optimize quality management documentation for SQMS No. 1 compliance.