Release date: 3 December 2025
Although Owners’ Management Companies can be small in size, they tend to be
higher risk clients. This toolkit has been specifically customised for the audit
of Owners’ Management Companies, leaving no irrelevant questions, checklists or
work programmes. It includes illustrative examples of documentation, guidance on
key areas and useful, easy to read templates to facilitate compliance.
The workpack consists of the following:
- Work Programmes for an Owners’ Management Company,
covering planning, fieldwork and completion, along with lead schedules,
included in an Excel workbook;
- Audit Planning Memorandum, tailored for an Owners’
Management Company;
- Memorandum of Significant Matters;
- Template Letter to Those Charged with Governance;
- Template Letter of Representation.
The 2025 version of the toolkit has been updated for changes to -
- Auditing Standards, including ISA (Ireland) 220, 240,
315, 540, 570 and 700;
- Quality Management
Standards, ISQM (Ireland) 1 and 2;
- The Ethical Standard for
Auditors (Ireland);
- FRS 102 and FRS
105.
The programmes now address
the issue of the potential inadequacy of Sinking Funds to provide for future
expenditure requirements.
The 2018 version of this toolkit is out
of date and should not be
used.
Downloading your
toolkit
Once you have placed your order online, first print your
invoice if you require one. Following this, go into your My
Account area on the website and open My courses &
downloads. Your toolkit
will be available to download there. You have up to 90 days from the date of
purchase to download your toolkit.
For more information,
contact us at Practice
Consulting