Course contents

The course is designed for practices that audit trading companies or regulated sector entities such as Charities, Small Pensions, LLPs and other regulated clients. The course is an update and draws its contents from:< /p>

  • Auditing developments
  • New audit legislation
  • Problem areas applying ISAs
  • Issues identified from external file reviews
  • Changes to the Ethical Standard and ISAs
  • The course content will cover:

  • Auditing during the coronavirus outbreak
  • Recent changes to the Ethical Standard - what must be done now
  • ISA 570 Going concern - revised
  • ISA 540 Accounting estimates - revised
  • Other revised ISAs - effective for p/c 15 December 2019 – what they mean in practice
  • Consequences of Brexit
  • Demonstrating professional scepticism on SME audit files
  • Latest feedback from the ICAEW/ACCA regulatory reviews
  • Audit reports - where they go wrong and why it matters
  • Overview of pending changes to the auditing profession and to audits themselves
  • Course type