Format
This 3.5 hour session was delivered via Zoom on Wednesday 30 April from 2.00pm to 5.30pm.
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
While the exact content of this webinar will be agreed closer to its airing, some of the likely issues to be covered will include:
- The International Standards on Quality Management
(ISQM) - what you need to do to ensure that your practice continues to adhere
to these standards in 2025 and beyond
- Audit Planning - the key impacts of ISA 315 (Risk of
Material Misstatement) and the audit risks you face (for example fraud) on
your audits
- Going Concern requirements under ISA 570
- Incomplete Audit Evidence & ISA 505
- Sustainability Assurance - what is coming?
- Impacts of upcoming changes to FRS 102 & 105, as
well as Company Size, Threshold & Audit Exemption Rule Changes on your
audits
- Other points to consider, such as how the Ethical
Standards impact on your audits,
- Typical areas for improvement in the audit of SMEs,
as identified by both the Institute Professional Standards and Practice
Consulting teams; and
- Reporting to Regulatory bodies should the need arise (e.g., Anti-Money Laundering, Fraud or Company Law issues).
While Group Audits and the impacts of the revised ISA 600 will also be discussed, please note that we are holding a separate dedicated webinar on this topic during May 2025.
Key Learning Outcomes
By the end of this course, participants will be able to:
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.
How best to employ the Institute PQAs and ISQM Resource Pack in your audits/practice.
Speaker Bios
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 audit, accounting and compliance. Over a 18 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
Note for Legacy CPA Members
Members who joined Chartered Accountants Ireland following1 September 2024, please continue to book on the CPA Portal here to ensure you receive your member discount.
LOADING...