Audit Update (Spring)

Objectives

This session will keep attendees up to speed with the very significant changes in audit. This includes the changes in risk assessment (ISA 315) and fraud (ISA 240) are taking time bed-in properly and more change is around the corner in group audits (ISA 600) and changes to the Ethical Standards.

Key topics

This is a topical course and its content will reflect that. The webinar will use practical examples and case studies, where relevant, and will cover:

• Preparing for changes in group audits
• Other recent revisions to ISAs and guidance
• Changes to the FRC Ethical Standard for auditors
• Application problems with ISA 315 (Revised) and ISA 240 (Revised)
• Important proposed changes and exposure drafts
• Issues arising from FRC disciplinary cases
• IAASB’s proposed standard for Less Complex Entities
• Audit reform
• Plus other topical issues form ICAEW Audit and Assurance Faculty

Who should attend

This update is for all senior auditors, including audit seniors, managers and partners.