In this course we are going to look at the particular requirements for reporting on regulated entities. Through our experience we have identified the key requirements and key areas of weakness when dealing with regulated entities, in this session we will cover:
- PSRA reporting and key requirements
- The Law Society Report and key requirements
- Central Bank regulated entities and key reporting requirements including audit considerations
Regulated entities are of key focus in any monitoring visit and it is important that reporting requirements are met to ensure compliance. It is important that firms have the competency to undertake work on regulated entities.
This course will help you in identifying the reporting requirements and the work needed to ensure you fulfil your duty to the relevant regulator as the reporting accountant or auditor as applicable.
Knowing the key areas of weakness and establishing the reporting requirements is of great benefit to all firms to ensure compliance matters are addressed. This session will help you achieve that.
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.
Neill Doran: Practice Support, OmniPro
The newest member of Omnipro’s Practice Support team, Neil brings on board 12 years of accountancy experience, including IFRS and FRS 100-102 financial reporting for small subsidiaries and charities right through to large listed entities in Ireland and the UK. He is currently analysing the new auditing standards requirements for OmniPro’s online information products, CPD events and the creation of our micro-entity audit work programme for ARC – the Accountant’s Resource Centre.