Course Summary

Duration2 hours

PresenterColm Owens- OmniPro

CPD Course Overview

Three years on from the introduction of the (IAASA) International Standards on Auditing (Ireland), auditors are getting to grips with the changes and nuances introduced. New standards and amendments are being rolled out on an ongoing basis.  To add to this the world has fundamentally changed over the past few months and the impact of this has been far reaching. Auditing has been no different. We have dissected the auditing standards to determine the specific areas impacted by COVID-19.

This online CPD course will focus on the practical implementation of the auditing standards at an audit opinion forming stage identifying where COVID-19 has had an impact:

Areas covered will include:

  • The Unqualified Audit Opinion
  • Material Uncertainty Due to Going Concern
  • Emphasis of Matter Paragraphs
  • Qualified Opinions
  • Adverse & Disclaimers of Opinion
  • Other Matter Paragraphs & First Time Audits
  • Key Audit Matters and the Auditor’s responsibility Hyperlink
  • S.356 Abridged Opinions and Other Audit Opinions
  • Live Audit Opinion Review

Online CPD Course Facilitators:

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.


Mike O’Halloran: Practice Support Executive, OmniPro

Mike, a member of our Practice Support team, is a qualified Chartered Accountant and Chartered Tax Advisor. He is responsible for carrying out hot file reviews, cold file reviews, annual compliance reviews, in-house training & supporting firms on a day to day basis.

Formerly a quality reviewer with Chartered Accountants Ireland, this role saw him visiting firms of various sizes across Ireland conducting audit, non-audit and anti-money laundering visits. Prior to this he spent 12 years working in small and medium sized practices. In these roles, Mike has gained a comprehensive knowledge of the profession and has worked with a broad range of clients across many industries.