Des O’Neill has been delivering the Complete Audit Workshop since 2004 when the old SAS’s were replaced by the first version of the ISA’s. After a short hiatus in recent years Des is back to deliver this audit workshop.
Joined by Lindsay Webber, Des and Lindsay will go from start to finish on auditing for Irish Auditors looking at the updated standards, the practical application of the standards and more importantly at the current interpretation of the standards by the Institutes based on our ongoing interaction with their monitoring teams through our client firms.
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. Between legislation updates and economic uncertainties continue to provide a difficult environment for the profession. Fraud, financial Reporting disclosures, asset valuations and going concern are still on the agenda for 2026. Therefore, now more than ever, it is essential that auditors now focus on optimising their processes and procedures to ensure profitable implementation of the 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 workshop 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 workshop will focus on the practical implementation of the auditing and associated ethical standards – from communications, planning and procedures right through to execution, reporting and opinion forming.
Areas covered will include:
Session 5: Execution and Evidence Gathering;
- ISA 230 – Audit Documentation;
- ISA 500 – Audit Evidence;
- ISA 402 – Audit Consideration Relating to an Entity Using a Service Organisation;
- ISA 501 – Audit Evidence – Specific Consideration for Selected Items;
- ISA 540 – Auditing Accounting Estimates;
Session 6: Completion phase;
- ISA 560 – Subsequent Events;
- ISA 600 – Audits of Group Financial Statements (incl. the WORK of Component Auditors)
- ISA 450 – Evaluation of misstatements identified during the audit
- ISA 550 – Related parties
- ISA 520 – Analytical procedures
Course Level: Advanced
Bonus Session: The Other Key Standards and Areas
This will be a 1-hour video-on-demand course. Date to be confirmed.
- ISA 210 – Agreeing the Terms of an Audit Engagement
- ISA 260 – Communicating with TCGW
- ISA 265 – Communicating Deficiencies in Internal Controls to TCWG
- ISA 580 – Written Representations
- ISA 610 – Using the Work of Internal Auditors
- ISA 620 – Using the Work of Auditors’ Expert
Course Level: Advanced