Format
This session will be delivered via Zoom
on Thursday, 13 November from 9:30am to 1pm. The Zoom link will be emailed to participants the day before the course is due to take place.
Who should attend
This course is a must attend for all auditors and accountants of practices with clients in the Charities sector, as well as for accountants working directly in this sector and Charity Trustees in Northern Ireland.
Course overview
Topics to be covered during this course will include:
- The current key Accounting and Auditing issues in the Charities sector in Northern Ireland;
- The evolution and current requirements of the Charities SORP (FRS 102), as well as what is likely to change with the review of the Charities SORP that is now nearing completion.Examples from Charity financial statements of best practice in financial reporting in this sector will also be included;
- The best practice for the audit of Charities; with a particular focus on the increased fraud risks and other challenges/risks facing the sector over recent years;
- Current Charity Annual Reporting requirements, as well as an overview of the work of the Charity Commission for Northern Ireland by Rossa Keown, Head of the Compliance & Enquiries at the Commission, as well as a summary of your Reporting Responsibilities;
- Typical areas for improvement in the audit of Northern Irish Charities, as identified by both the Institute Professional Standards and Practice Consulting teams; and
- From audit planning, to your fieldwork and the completion of the audit, learn how the Institute Charities PQA can help you ensure that your work in this area meets the highest standards.
Don't forget that interaction with the speakers is encouraged during this webinar, allowing you to ask the questions that matter to you.
Key Learning Outcomes
By the end of this course, participants will be able to:
- Have an improved awareness of the Legislative and Auditing issues in the Charities sector in Northern Ireland;
- Better undertake the audit of charities and address the unique risks faced by this sector; and
- Understand upcoming changes to Charities SORP and their likely impacts; and
- Understand the recent/likely upcoming changes in the regulation of charities.
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.
Note for Legacy CPA Members
Members who joined Chartered Accountants Ireland following the amalgamation on 1 September, please continue to book on the CPA Portal here
to ensure you receive your member discount.
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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