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8 Hour Technical | Audit

The Complete Audit Workshop 2020

Course Summary

8 hours online

€ 160

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CPD Course Overview

Session 1: Audit Planning under Covid-19

Three years on from the introduction of the (IAASA) International Standards on Auditing (Ireland), auditors are getting to grips with the changes and nuances introduced. New standards and amendments are being rolled out on an ongoing basis.  To add to this the world has fundamentally changed over the past few months and the impact of this has been far reaching. Auditing has been no different. We have dissected the auditing standards to determine the specific areas impacted by COVID-19.

This session will focus on the practical implementation of the auditing standards at a planning stage identifying where COVID-19 has had an impact:

Areas covered will include:

    • ISA 200
    • ISA 210
    • ISA 240
    • ISA 250
    • ISA 260
    • ISA 265
    • ISA 230
    • ISA 300
    • ISA 315
    • ISA 330

Session 2: Audit Execution under Covid-19

Three years on from the introduction of the (IAASA) International Standards on Auditing (Ireland), auditors are getting to grips with the changes and nuances introduced. New standards and amendments are being rolled out on an ongoing basis.  To add to this the world has fundamentally changed over the past few months and the impact of this has been far reaching. Auditing has been no different. We have dissected the auditing standards to determine the specific areas impacted by COVID-19.

This session will focus on the practical implementation of the auditing standards at an execution stage identifying where COVID-19 has had an impact:

Areas covered will include:

    • ISA 500
    • ISA 320
    • ISA 530
    • ISA 450
    • ISA 501
    • ISA 505
    • ISA 510
    • ISA 520
    • ISA 540
    • ISA 550
    • ISA 580

Session 3: Audit Opinion Forming under Covid-19

Three years on from the introduction of the (IAASA) International Standards on Auditing (Ireland), auditors are getting to grips with the changes and nuances introduced. New standards and amendments are being rolled out on an ongoing basis.  To add to this the world has fundamentally changed over the past few months and the impact of this has been far reaching. Auditing has been no different. We have dissected the auditing standards to determine the specific areas impacted by COVID-19.

This session will focus on the practical implementation of the auditing standards at an audit opinion forming stage identifying where COVID-19 has had an impact:

Areas covered will include:

    • The Unqualified Audit Opinion
    • Material Uncertainty Due to Going Concern
    • Emphasis of Matter Paragraphs
    • Qualified Opinions
    • Adverse & Disclaimers of Opinion
    • Other Matter Paragraphs & First Time Audits
    • Key Audit Matters and the Auditor’s responsibility Hyperlink
    • S.356 Abridged Opinions and Other Audit Opinions
    • Live Audit Opinion Review

Session 4: Current Practical Auditing Issues under Covid-19

Three years on from the introduction of the (IAASA) International Standards on Auditing (Ireland), auditors are getting to grips with the changes and nuances introduced. New standards and amendments are being rolled out on an ongoing basis.  To add to this the world has fundamentally changed over the past few months and the impact of this has been far reaching. Auditing has been no different. We have dissected the auditing standards to determine the specific areas impacted by COVID-19.

This session will focus on a number of areas where COVID-19 has had an impact:

Areas covered will include:

    • Ethical issues arising from Covid-19
    • Financial Statements – review of key areas impacted by Covid-19
    • A ‘Reviewers Insight’ – Areas of focus on file reviews arising from Covid-19
    • Current practical issues arising out of Covid-19.

Online CPD Course Facilitators:

Des O’Neill – Co-Founder and Managing Director, OmniPro

Having worked for a number of years in practice, Des O’Neill co-founded OmniPro to develop tools, techniques, products and services, empowering accountants to achieve their best. Over 15 years, he has grown the company to a multi-million-euro turnover business and established OmniPro as Ireland’s largest independent provider of CPD for accountants.

Des speaks regularly, at national and international fora, on practice development, auditing, accounting, company law and regulation. He is passionate about bringing innovation to the profession and empowering accountants to achieve what they want in their careers and practice.


Colm Owens: Practice Support Executive, OmniPro

As a members of our Practice Support team, Colm’s focus is on helping practices achieve on-going best practice compliance, prepare for monitoring visits and assist with post-monitoring visits follow-ups.

Colm brings a unique insight into the whole area of monitoring and compliance having spent the last 6 years as a quality reviewer with Chartered Accountants Ireland.  In that role he has visited firms of differing sizes all over the country which has given him an insight into how firms operate, the challenges facing firms and how firms are responding to current issues facing them and the profession.  He has gained up-to-date knowledge of audit, accounting, money laundering and regulatory compliance issues relevant to the profession and knowledge of current audit methodologies.

Prior to his time with Chartered Accountants Ireland, Colm’s roles included Audit Manager with Anne Brady McQuillans and Brophy Gillespie, both in Dublin, where he worked with a range of clients from small owner-managed businesses through to larger audit clients.


Mike O’Halloran: Practice Support Executive, OmniPro

Mike, a member of our Practice Support team, is a qualified Chartered Accountant and Chartered Tax Advisor. He is responsible for carrying out hot file reviews, cold file reviews, annual compliance reviews, in-house training & supporting firms on a day to day basis.

Formerly a quality reviewer with Chartered Accountants Ireland, this role saw him visiting firms of various sizes across Ireland conducting audit, non-audit and anti-money laundering visits. Prior to this he spent 12 years working in small and medium sized practices. In these roles, Mike has gained a comprehensive knowledge of the profession and has worked with a broad range of clients across many industries.