Course Details

On 27 May 2021 the Financial Reporting Council (FRC) issued a revision of its UK auditing standard on the responsibilities of auditors relating to fraud (ISA (UK) 240). 

The new standards will be effective for audits of financial statements for periods commencing on or after 15 December 2021.

The revisions mean that auditors are required to obtain “reasonable assurance” as to whether a company’s financial statements are free from material misstatement due to fraud.

In this session, Elaine Jackson will focus on 2 or 3 industries and provide practical guidance on;

•             The structure of discussions to be had with Management

•             Challenging management’s assessment

•             The information and audit evidence to be obtained

•             The testing to be performed

•             The conclusions to be drawn

This is a session not to be missed! 

CPD Course Speaker

OmniPro Practice Support

Elaine Jackson

Today we are joined by Elaine Jackson, Director of Audit and Compliance at Michael Power Accountants, specialising in Audit, Debt Review/Restructuring and Compliance. Michael Power Accountants provide Audit, Accountancy, Tax and Financial Advisory Services to businesses across Munster, operating from our offices in Tipperary Town and Clonmel. Many of you will already know Elaine. Elaine has previously worked with OmniPro as Head of the Accountants Resource Centre and was also a member of OmniPro’s Practice Support team