In what was already a challenging time to be an auditor, 2020 has tested our rules and working practices like never before. This audit update will highlight a range of practical issued faced by auditors in the current climate and how to tackle them and will explain a raft of changes effective for 31 December 2020 years ends.
Practical issues presented by COVID-19 and how to tackle them
How to implement new ISAs on Accounting Estimates, Going Concern & Audit Reports
2020 audit regulator feedback and hot topics
Key changes in the revised FRC Ethical Standard and what they mean for smaller firms
Hot topics from ICAEW/ACCA inspection visits and cold file reviews
Richard has 10 years’ experience in technical and training roles in both large and medium sized accountancy practices, most recently Macintyre Hudson (MHA) and BDO. He specialises in financial reporting, auditing and charities.