Webinar 1 (27^th April)

Going Concern and the Auditor

ISA 570 (Ireland), Going Concern, was revised for years ending 31^st December 2020. The revisions require a more robust and comprehensive response by the auditor.

This webinar explores the requirements of the revised standard and outlines the responsibilities of the auditor. The webinar will also review current guidance available to support the auditor respond to the challenging economic environment.

Webinar 2 (4^th May)

Preparing for your Quality Assurance Review 2022

CPA Ireland’s quality assurance process is conducted in accordance with the Companies Act 2014 and Bye Law 7, Quality Assurance. The review comprises of an in-depth review of a selection of engagement files which have been pre-selected from your client base.

The review also includes an inspection of your firm’s compliance with your CPD and Anti-Money Laundering requirements.

This webinar, presented by CPA Ireland’s Practice Regulation Manager, will explore recent changes to the QA process and will provide you with tips and guidance to ensure that you are prepared for your next review.

Webinar 3 (11^th May)

Getting your audit firm ready for the new Quality Management Standards

Two new quality management standards for audit firms will replace IAASA’s current quality control standard ISQC1 with effect from 15^th December 2022.

The new standards introduce a new quality management approach that is focused on proactively identifying and responding to risks to quality. The new approach requires a firm to customise the design, implementation and operation of its system of quality management based on the nature and circumstances of the firm and the engagements it performs. It also requires firms to transition from policies and procedures that address standalone elements, as required by extant ISQC (Ireland) 1, to an integrated approach that reflects upon the system of quality management as a whole.

This webinar explores the new standards and provides guidance to firms as they prepare for the imminent transition.

Webinar 4 (18^th May)

Audit Update and Refresher

This course revisits the legal responsibilities of the auditor and draws upon the detailed requirements of Part 27 of the Companies Act 2014. The webinar will also explore a selection of ISAs at key stages of the audit process. The ISAs to be revisited are as follows;

• Key Audit planning standards- ISA 300, 315 and ISA 330
• ISA 530, Audit Sampling
• ISA 700, Forming an Opinion and Reporting on Financial Statements
• ISA 705, Modifications to the Audit Report
• ISA 706, Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report