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 March 2023 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 continue their work on designing, implementing and updating
their new systems of quality management, 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 the
previous ISQC 1 procedures
- The Key Stages in your
ongoing ISQM Project
- Establishing and
Maintaining Quality Objectives at your firm
- Risk Assessment – how to
identify and assess risks to audit/assurance quality at your firm, as well the
ongoing work needed in this area
- The ongoing Design and
implementation of Tailored Systems of Quality Management for your
practice
- Monitoring and
Remediation processes for 2023 and beyond, including Root Cause Analysis
- Documentation of your
Quality Management Procedures and processes
- Key continuous
Implementation Considerations at your firm;
- Feedback on the key
issues we are seeing thus far for audit firms adopting these new quality
requirements, and
- Learn how the recently
launched Institute ISQM Work pack can help you meet your requirements in this
area on an ongoing basis.
During this webinar, we will also discuss how recent changes to CPD
requirements for those on the Irish Audit Register are impacting our member
audit firms.
Key Learning Outcomes
By the end of this course, participants will be able to:
- Gain an understanding of both the new ISQM requirements, as well as Irish
CPD requirements and their likely impact on their practice,
- Gain an insight into each of the key steps that will be required for the
ongoing implementation project of these new standards/requirements at their
firm, and
- Understand the ongoing monitoring and follow up steps that will be
necessary in 2023 and beyond in these areas.
Speaker Bio's
Conal Kennedy FCA - 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 12 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 - 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