Audit Update and Topical Issues

Auditing is subject to continual change and requires exacting standards to be applied rigorously. This course will provide an update on the most recent changes and current issues affecting auditing in the UK and their practical implications for the planning and execution of audits.

Content is likely to include: 

• Recession, inflation and the auditor: summary of the latest issues and guidance 
• The future of audit in the UK 
• Guidance on the practical application of upcoming changes to International Standards on Auditing and the Ethical Standard, including on quality control, accounting estimates and going concern 
• Consideration of the impact of recently updated ISAs (315 and 240) 
• Update on ISQM1 & 2. 
• Getting the audit report right 
• Feedback from the main Regulators (QAD/ACCA/AQR) and the FRC annual report together with issues identified on file reviews 

The content for Online courses predating 2023 may vary.