Course Summary

Duration1 hour

PresenterDes O'Neill

Course Overview

The audit opinion is one of the most important elements of the audit process. Forming the correct opinion can be a difficult process. This webinar will give an insight into the process in forming your audit opinion and will demonstrate the form and structure of an Audit report and Opinion under the Irish Auditing Framework and IAASA Auditing Standards and will cover the following areas:

This webinar will cover the following areas:

  • The audit standards relevant to audit opinions and modifications ISA 570, 450, 265, 700, 701, 705, 706, 720
  • Forming your modified auditors report
  • Live Audit Opinion reviews
  • The content and structure of the auditor’s report for
    • Emphasis of matters
    • Material uncertainty in relation to Going Concern
    • Qualified opinions
    • Disclaimer opinions
    • Adverse opinions
  • Other Matters – Specific reporting consideration such as FRS 105 opinions & the break-up basis

CPD Course Facilitators:

Des O’Neill: Co-Founder and Managing Director, OmniPro

Having worked for a number of years in practice, Des O’Neill co-founded OmniPro to develop tools, techniques, products and services, empowering accountants to achieve their best. Over 15 years, he has grown the company to a multi-million-euro turnover business and established OmniPro as Ireland’s largest independent provider of CPD for accountants.

Des speaks regularly, at national and international fora, on practice development, auditing, accounting, company law and regulation. He is passionate about bringing innovation to the profession and empowering accountants to achieve what they want in their careers and practice.


Colm Owens: Practice Support Executive, OmniPro

As a members 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.