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Audit Planning - Risk Assessment & Responses

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Audit Planning - Risk Assessment & Responses

Date: Tuesday, 04 May 2021
Time: 12:30 - 13:30
Speaker: Colm Owens
The webinar examines the key audit standards in relation to planning risk assessment & responses. 

Attendees will obtain an understanding of the objectives and requirements of the standards and example of practical ways in which they may be implemented. This will help them to ensure that their firms remain compliant with the Standard.

Join Colm Owens for an overview of the key audit planning standards.

What will be covered:  
  • ​ISA 240 - Auditors’ Responsibilities Relating to Fraud in an Audit;
  • ​ISA 315 - Identifying and Assessing the Risks of Material Misstatements;
  • ​ISA 265 - Communicating Deficiencies in Internal Controls to TCWG; 
  • ​ISA 330 – Auditors’ Responses to Assessed Risks.

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Audit Planning - Risk Assessment & Responses
Date: Tuesday, 04 May 2021
Time: 12:30 - 13:30

Des O'Neill - ProfitPro

I am an accountant just like you, but I believe, and always have believed that there is a better way for accountants to run their businesses, so they get exactly what they want.

Over the past 15 years, I have worked with thousands of firms. I have seen how the best practices operate, and the mistakes that firms most commonly make. This experience has inspired me to develop my unique Accountant’s Six-Step Success Path.

I am now dedicating my life to sharing my Accountant’s Six-Step Success Path with as many accountants as possible, ensuring their businesses are more profitable and less stressful. 

It would be an honour to work with you, to guide you on your path to improving your firm's results while reducing your workload and helping you fall in love with your business again.

Colm Owens: Practice Support Executive, OmniPro

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.

Colm brings a unique insight into the whole area of monitoring and compliance having spent the last 6 years as a quality reviewer with Chartered Accountants Ireland. In that role he has visited firms of differing sizes all over the country which has given him an insight into how firms operate, the challenges facing firms and how firms are responding to current issues facing them and the profession. He has gained up-to-date knowledge of audit, accounting, money laundering and regulatory compliance issues relevant to the profession and knowledge of current audit methodologies.

Prior to his time with Chartered Accountants Ireland, Colm’s roles included Audit Manager with Anne Brady McQuillans and Brophy Gillespie, both in Dublin, where he worked with a range of clients from small owner-managed businesses through to larger audit clients.
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