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The Complete Audit Workshop 2020

Course Summary

8 hours live

€ 250

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CPD Course Overview

8 hours Des O’Neill – OmniPro

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. The ongoing flood of changes facing auditors never seems to end. With Brexit, the Coronovirus  and global economic uncertainty asset valuations and going concern are definitely back on the agenda for 2020. 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 implement the new standards over the past three 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 will focus on the practical implementation of the new auditing and associated ethical standards – from communications, planning and procedures right through to execution, reporting and opinion forming.

Areas covered will include:

  • Session 1: The Foundations of Auditing, Documentation and Acceptance

    • ISA 200
    • ISA 220
    • Ethical Standard for Auditors
    • ISQC1
    • ISA 210
    • ISA 260
    • ISA 265
    • ISA 230

    Session 2: Audit Planning & Risk Assessment

    • Session Intro
    • ISA 300
    • ISA 315
    • ISA 240
    • ISA 250
    • ISA 330

    Session 3: Audit Evidence & Execution

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

    Session 4: Audit Opinions & Opinion Forming

    • Session Intro
    • 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

The emphasis will be on practical application, with lots of real-life examples and case studies, as well as time for discussion and questions and answers.  At the end of the day, delegates will take away a full hard-copy notes pack that will provide a vital reference guide to the implementation of the new IAASA audit standards for the year ahead.

Feedback from The Complete Audit Workshop

“50 Years of attending these topic courses and Des O’Neill has made the subject matter more bearable!!”
Barry M.

“Des’s knowledge of all aspects of auditing is excellent2”
Fintan L.

“OmniPro are a very reliable addition to my practice2”
Noel G.

“An excellent day packed with informative and highly useful content.”
Thomas McG.

“Excellent material and well covered by Des.”
Bryan D.

“Very Informative and detailed, course material is helpful2”
Ciaran M.

“Comprehensive and relevant as always2”
David O’M.

“As ever Des made a dry subject as interesting as possible2”
Gillian C.

“Extensive material and content.”
Jacinta B.

“Very helpful on a tough topic to deliver a workshop on.”
Tony McD.

John M.

CPD Course Facilitator

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

Des co-founded OmniPro in 2004 and has been involved in all aspects of the company’s establishment and growth to its current status as the leading independent support to Irish Accountants. He speaks extensively to accountants about Practice Development, Auditing, Accounting, Company Law and Regulation, nationally and internationally. He is a former member of the Auditing Practices Board SME Audit Sub Committee. Des works with Irish and international practices to help them develop their practices to be more profitable and rewarding and also assists them with technical, regulatory and disciplinary issues. His current role within the OmniPro Group includes Managing Director at OmniPro and developer and innovator for the Accountants’ Resource Centre,,, KnowledgeHub, The Accountants’ GDPR Toolkit and ProfitPro. He is a regular contributor to the profession through a combination of seminars, publications, articles, tools and new processes and ways of solving problems that face the profession.

Des’ delivery style is fast paced and practical as he drives at the heart of the issues affecting the Irish Accountancy Profession and more importantly the issues affecting Irish Accountancy firm owners.