The Auditor Under Pressure: Audit Quality, Fraud & Estimates (Jul 26)
Category: Audit | Duration: 1hr | Tag: VODIRE2647 | Type: Video | Course Level: Intermediate | Speaker: Lindsay Webber | Date: 30/07/2026 11:30
Course Details
Irish auditors are under growing regulatory scrutiny, with IAASA’s firm monitoring reports consistently flagging the same recurring deficiencies — from risk assessment under ISA 315 (Revised) to superficial responses to fraud risk and inadequate challenge of management’s estimates. The revised ISA 240 and ISA 540 have raised the bar considerably, and boilerplate documentation is no longer going to cut it. This course takes a frank look at what the inspectors are finding, what the revised standards now require, and how to build audit files that genuinely reflect the professional scepticism expected of you.
Lindsay Webber covers the following topics during this presentation:
- IAASA audit quality findings — recurring deficiencies and what “good” looks like
- ISA 315 (Revised) — risk assessment, group audits, and going concern weaknesses
- ISA 240 (Revised) — fraud risk assessment, journals testing, and unpredictability requirements
- ISA 540 (Revised) — the three audit approaches and challenging management’s assumptions
- Documenting professional scepticism across estimates, provisions, and fair value
CPD Course Speaker
OmniPro Strategic Solutions
Lindsay Webber
As a head of Strategic Solutions at OmniPro, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training and technical assistance in audit and financial reporting.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.