QMCore is a comprehensive and customizable solution to help firms drive quality.
NEW YORK (June 5, 2025) — CPA.com, the business and technology subsidiary of the American Institute of CPAs (AICPA), today announced that it has formed a strategic partnership with FinReg Global Solutions (FinReg) to connect firms with QMCore, a comprehensive quality management solution that provides an intuitive and dynamic platform enabling firms to collectively manage their system of quality management.
The partnership is well-timed to support U.S. CPA firms in various stages of implementing the AICPA’s new quality management standards, including Statement of Quality Management Standards (SQMS) No.1 and QC 1000, established by the Public Company Accounting Oversight Board (PCAOB).
QMCore streamlines firm compliance with quality management standards by providing intuitive guidance and tools to efficiently manage risk assessment, assign roles, monitor progress and maintain a complete, auditable trail. The solution enhances quality management systems through seamless alignment, transparent risk-to-response linkages and centralized data, ultimately simplifying the compliance journey and bolstering accountability.
“Firms are busy preparing for one of the most significant changes to the audit quality management standards in years,” said Erik Asgeirsson, president and CEO, CPA.com. “Through this partnership, we are delivering a highly advanced solution that integrates seamlessly with a firm’s existing systems and aligns to our broader goal to help drive audit transformation and innovation.”
David Butler, CEO of FinReg Global commented, “FinReg is delighted we can be a part of the CPA.com ecosystem and to have QMCore as the preferred partner solution of CPA.com for quality management specific software. We believe it reflects our commitment to supporting firms with innovative, compliance-driven technology, empowering them to meet evolving regulatory and quality management standards.”
QMCore supports firms of all sizes and provides the ability to scale as firms grow. The solution enables efficient task management and assignment of responsibilities within a centralized location, streamlining a firm’s implementation of SQMS No. 1 and QC 1000. It is specifically designed to support firms transitioning to the quality management standards, providing a robust alternative that reduces administrative burden and improves audit readiness. Key features and benefits of the QMCore platform include:
- Promotes compliance. QMCore is designed to align with the quality management standards, helping firms manage compliance risks and potential penalties.
- Centralized system. Manage all aspects of a firm's quality management system in one place, from risk assessment and monitoring to documentation and reporting.
- Efficiency and automation. Automate key processes, reduce manual work and improve overall efficiency in quality management workflows. QMCore saves time, enabling firms to focus more on engagement delivery.
- Risk management. Identify, assess and mitigate risks to a firm’s quality with robust risk management tools.
- Scalability. QMCore provides the ability to scale as a firm grows, ensuring a reliable quality management system as the firm’s needs evolve.
QMCore will be offered to firms through CPA.com’s Preferred Partner Program, which supports firms providing higher value advisory and compliance services through best-in-class technology solutions and high-touch practice development and implementation services.
To learn about how auditor practitioners can harness QMCore’s advanced capabilities to create efficiencies and deliver more client value, register for CPA.com’s upcoming webinar, Steps to Prepare for the New Quality Management Standard SQMS, June 25 at 1 p.m. ET.
To learn more about QMCore, visit cpa.com/quality-management.
About CPA.com
CPA.com brings innovative solutions to the accounting profession, either in partnership with leading providers or
directly through its own development. The company has established itself as a thought leader on emerging
technologies and as the trusted business advisor to practitioners in the United States, with a growing global focus.
The company’s core mission is to drive the transformation of practice areas, advance the technology ecosystem for
the profession, and lead technology research and innovation efforts for practitioners. A subsidiary of the American
Institute of CPAs, the company is also part of the Association of International Certified Professional Accountants,
the world’s most influential organization representing the profession. For more information, visit CPA.com.
About FinReg and QMCore by FinReg
FinReg has built a SaaS Development Platform that allows the building of bespoke Governance, Risk and Compliance
(GRC) software solutions to solve specific GRC challenges for businesses. QMCore by FinReg is an excellent example
of one of these GRC software solutions. QMCore is the premier solution for achieving excellence in quality
management. Developed collaboratively with subject matter experts, ex-regulators, and current audit professionals,
our cutting-edge software offers a streamlined time-saving approach to facilitate full compliance with quality
management standards such as SQMS 1 and QC 1000.