ISA Update

22 April 2021

Webinar: 12:00 PM - 1:00 PM BST

Webinar presented 22 April 2021 

Objectives
There have been several ISAs that have been revised over the last 18 months, although some are consequential amendments. This webinar will highlight the key changes for auditors to be aware of for compliance with the relevant requirements in their audit approach and procedures.

Key Topics
This webinar will cover the following key areas:

• An overview of the requirements in the revised ISA 540 Auditing accounting estimates and the related disclosures, including the assessment of inherent risks factors associated with accounting estimates; complexity, subjectivity and estimation uncertainty
• The practical considerations and challenges in auditing going concern and the requirements of the revised ISA 570 to more robustly challenge management’s assessment of going concern
• An overview of the consequential amendments
• An overview of changes to ISAs and ISQC1 from the post implementation review
• An update on the major changes in ISA 315, affecting 2022 audits

Who Should Attend
This webinar is aimed at all levels of staff involved in auditing financial statements.

For more information visit the members only intranet here.