New audit Reporting Requirements- Webinar - 22 November 2017
Course Aim
ISA (Ireland) 700 through to 720 deals with the auditor’s responsibility to form an opinion on the financial statements. They also deal with the form and content of the auditor’s report issued as a result of an audit of financial statements.
ISA (Ireland) 701 deals with the auditor’s responsibility to communicate key audit matters in the auditor’s report.
ISA (Ireland) 705 and ISA (Ireland) 706 deal with how the form and content of the auditor’s report are affected when the auditor expresses a modified opinion or includes an Emphasis of Matter paragraph or an “Other Matter” paragraph in the auditor’s report.
Other ISAs (such as ISA (Ireland) 710 and 720) also contain reporting requirements that are applicable when issuing an auditor’s report
Topics Covered
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ISA (Ireland) 700
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ISA (Ireland) 701
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ISA (Ireland) 705
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ISA (Ireland) 706
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ISA (Ireland) 710
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ISA (Ireland) 720
The Learning outcomes
Understanding the complex requirements of the new Audit Reporting Standards
Completion Stage of Audit – Webinar – 28 November 2017
What is the aim?
This webinar will cover the final steps and review procedures that the auditor will need to perform before he expresses his opinion in the audit report.
It will cover the final analytical procedures that must be performed by the auditor along with specific
procedures such as Subsequent events, Going concern etc.
It will also take the auditor through the recording and evaluation of misstatements and the necessary procedures that he must perform for the evaluation of uncorrected misstatements.
Topics Covered
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ISA 520
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ISA 450
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ISA 560
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ISA 570
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ISA 580
The Learning outcomes
Procedures an audit needs to perform at this final stage of the audit before he forms an opinion on the financial statements.
Audit Requirements on Fraud under ISA (Ireland) 240 – Webinar – 4 December 2017
Course Aim
Fraud is a highly controversial area, and the extent of auditor responsibility for the prevention and detection of fraud has generated considerable discussion in recent years.
This webinar aims to summarise the current extent of auditor responsibilities for fraud, as per the requirements of ISA (Ireland) 240.
It will identify examples of fraud risk factors as well as examples of circumstances that indicate the possibility of fraud.
Topics Covered
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ISA (Ireland) 240
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The difference between fraud and error
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Professional scepticism as a key audit tool
The Learning outcomes
To be able to identify and assess the risks of material misstatement of the financial statements due to fraud
Audit Quality – revisiting the requirements for your audit files under ISQC1 and ISA (Ireland) 220 – Webinar – 12 December 2017
What is the webinar about/aim?
Quality Control in the audit environment is an important area of focus for audit practitioners.
This webinar provides guidance to firms for the continued implementation of International Standard on Quality Control 1 (ISQC 1) and ISA (Ireland) 220.
It also revisits the requirements with regard to audit documentation which forms a sufficient and appropriate record of the basis for the auditor’s report as well as
evidence that the audit was planned and performed in accordance with ISAs
Topics Covered
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ISA (Ireland) 220
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ISQC 1
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ISA (Ireland) 230
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Typical areas of audit file deficiencies
The Learning outcomes
Provide recommendations on how to improve the quality of your audit file to support your audit opinion.