Audit Acceptance, Continuance and Ethics - 2022
Category: Audit | Duration: 1hr | Tag: VODIRE2240 | Type: Video | Speaker: Lindsay Webber, Colm Owens | Date: 12/07/2022 11:30
While the IAASA International Standards on Auditing (Ireland) have been with us for some time now, there are new standards and amendments being rolled out on an ongoing basis. Auditors need to keep up to date with the fundamentals along with the changes introduced. The ongoing flood of challenges facing auditors never seems to end. Covid-19 is still very much with us, now we have to contend with Brexit and the global economic uncertainty. Financial Reporting disclosures, asset valuations and going concern are definitely back on the agenda with a bang for 2022. It is essential that auditors now focus on optimising their processes and procedures to ensure profitable implementation of the new standards.
Having helped hundreds of firms navigate the auditing and ethical standards over the years the OmniPro technical team is uniquely positioned to identify the enduring problem areas and provide solutions to the most common challenges faced by practitioners.
This course looks at the theory of the standards blended together with the practical challenges and the requirements to comply with the monitoring expectations of the Institutes. This session focusses on the practical implementation of the key audit standards in relation to the acceptance, continuance and ethical issues of an audit. Attendees will obtain an understanding of the objectives and requirements of the standards and example of practical ways in which they may be implemented. This will help them to ensure that their firms remain compliant with the Standards.
Colm Owens
Lindsay Webber