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
Online courses cannot be booked on behalf of someone else.
Access will only be granted to the person completing the online
order.
Who should attend
This course was recorded in November 2022 and is specifically focuses on the
needs of auditors in practice across both the United Kingdom and the Republic of
Ireland.
Course overview
As audit firms work on designing and implementing the new systems of quality
management before the 15 December 2022 deadline, the Practice Consulting team
will cover the following topics during this session:
- An overview of the new standards: ISQM 1, ISQM 2 and ISA 220 Revised and
how they differ from existing ISQC 1 procedures.
- The Key Stages in your ISQM Project.
- How to establish Quality Objectives at your firm.
- Risk Assessment ? how to identify and assess risks to audit/assurance
quality at your firm.
- The Design and implementation of Tailored Systems of Quality Management
for your practice.
- Monitoring and Remediation processes, including Root Cause Analysis.
- Documentation of your Quality Management Procedures and processes.
- Key Implementation Considerations at your firm; and
- Learn how the newly launched Institute ISQM Work pack can help you meet
your requirements in this area.
Key Learning Outcomes
- Gain an understanding of the new ISQM requirements and their likely impact
on their practice.
- Gain an insight into each of the key steps that will be required for the
implementation project of these new standards at their firm over the coming
months, and
- Understand the ongoing monitoring and follow up steps that be necessary
into 2023 and beyond.
Speaker bio
Conal Kennedy FCA- 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 Anti Money
Laundering, Audit, Accounting and Compliance. Over a 15 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 Twomey FCA- 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.
Contact us
If you have any questions regarding this or any other CPD course or
requirements, please feel free to contact the team here or call us at (+353) 01 523 3930
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