Audit Updates 2023 (Ireland)

A webinar focussing on the practical implementation of the new auditing and associated ethical standards in Ireland.


While the IAASA International Standards on Auditing (Ireland) have been with us for some time now, there are new standards and amendments being rolled out on an ongoing basis.  Auditors need to keep up to date with the fundamentals along with the changes introduced.  The ongoing flood of challenges facing auditors never seems to end. Covid-19 is still with us, and we have to contend with Brexit and the global economic uncertainty. Financial Reporting disclosures, asset valuations and going concern are back on the agenda with a bang for 2022. 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 navigate the auditing and ethical standards over the 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 webinar looks at the theory of the standards blended together with the practical challenges and the requirements to comply with the monitoring expectations of the Institutes. It will focus on the practical implementation of the new auditing and associated ethical standards.  

This webinar will cover;  

  • ISA 240 - Fraud; 
  • ISA 315 (Revised) - Identifying and Assessing the Risks of Material Misstatements; 
  • ISQM 1 & 2 & ISA 220 - Revisions to Irish Quality Mgmt. Standards (ISQM); 
  • ISA 600 – Audits of group financial statements; 
  • Ethical Standards – reminder of the recent updates & topical matters.

Click here to register your attendance.


AIA | Speaker Colm Owens

Colm Owens

As a member 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.

Having spent the 6 years prior to joining OmniPro as a quality reviewer with Chartered Accountants Ireland Colm has a unique insight into how firms operate, the challenges facing firms and how firms are responding to current issues facing them and the profession.