Booking Information
Once you have booked your course, the link to the recording will be available
in your "My Account" area.
Please be aware that you will have access to this course for 180 days from
the date of purchase
Who should attend
This course is suitable for accountants, auditors, and other business
professionals, both from small and mid-sized practices and in business, from
across the island of Ireland.
Course overview
The key auditing related issues that will be covered during this session will
include:
- Audit Planning, including key changes to your Audit Planning Memorandum,
and gaining an understanding of how the revised Ethical Standards impact on
your audit,
- New Going Concern requirements under the revised ISA 570,
- Audit Reporting changes, including the revised formats of Audit Reports
under ISA 700,
- Auditing Accounting Estimates under the revised ISA 540 and increased
level of uncertainties,
- Changes to the Quality Management and IES Procedures that you need to
know,
- The new and increased Audit Risks that you face at this time, such as
fraud and how ISA 240 changes will impact your work,
- Audit of Income (including Government Supports), Expenditure and
Transactions,
- Impairments of Assets (Including Stocks and Debtors) and Investment
Property,
- Enhanced Audit Completion Procedures/documentation, including the Letter
of Representation,
- Typical areas for improvement in the audit of SMEs, as identified by both
the Institute Professional Standards and Practice Consulting teams;
- New Audit of Less Complex Entities Proposals;
- Reporting to Regulatory bodies should the need arise (e.g., Anti-Money
Laundering or Company Law issues);
- Using the Institute COVID-19 Audit Programme;
- An overview of the key Anti-Money Laundering (AML) requirements that you
need to have in place at your practice.
While recent enhancements to the Institute PQAs will be referenced during
this session, the key audit issues covered throughout the course will make it
also highly relevant to non-PQA users.
Appreciate the key auditing issues for micro, small and
medium sized companies that have arisen over the last 12 months and how to
address these.
Understand the key updates to the Institute 2021 PQAs and
how best to employ these in your audits/practice.
Understand the key processes and procedures needed at your practice to meet
current anti-money laundering requirements.
Conal is Head of Practice Consulting in Chartered Accountants Ireland. He and
his team provide advice and support to practices throughout Ireland, and publish
a range of practice toolkits covering audit, accounting and compliance. Over a
14 year period in Practice Consulting, Conal has coached and advised many
practices through major change events such as mergers, acquisitions and
retirements. He has also advised on practice development and marketing.
Jeremy in his role as Practice Consulting Manager works to support our member
practitioners across our service areas, with a particular focus on compliance
support, training and our associated advisory services. Jeremy is a Fellow of
the Institute, having trained with Ernst & Young; he has held senior
management positions across both financial and professional services, as well as
the public sector.
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