One year on from ISQM (UK) 1

Audit quality continues to dominate industry related headlines as regulators continue their process of raising the bar and look to reduce the gap between stakeholder expectations and the reality of external audit. Understanding the revised quality management standards at a firm and engagement level and refining processes for determining where things have gone wrong are more vital than ever before to the effective running of a practice.

 
One year on from the implementation of ISQM (UK) 1, firms must review their procedures and documentation and perform root cause analysis on any audit quality issues. Our expert speakers will guide you through the current requirements and root cause analysis techniques, providing you with a clear understanding of the practical steps needed and best practice.

We aim to give you all the tools you need to stay informed of key governance changes in the world of audit and accounting.

Our webinars are free to attend and are highly recommended to stay on top of crucial and hot topics in your industry. This webinar will help you to avoid pitfalls and adverse review findings from professional bodies and regulators.

This webinar will help you to:

• clearly define roles and responsibilities at both engagement (governed by ISA (UK) 220) and firm-wide (governed by ISQM (UK) 1) levels;
• understand leadership-specific responsibilities with regards to quality management;
• learn how to drive continual improvement by applying Root Cause Analysis techniques;
• update processes to avoid common pitfalls and consider best practice examples.

Helen MacNeill FCA

Helen is the Lead Technical Writer for audit.

Helen MacNeill FCA has worked in a variety of audit-related roles in BDO LLP and as a freelance technical author for Implementing GAAS.

At Croner-i she is responsible for Navigate Audit including the Private Company Audit System (PCAS) and other audit programmes, ensuring that technical changes are processed promptly and comprehensively. At BDO LLP she was a core member of the technical department where she developed BDO’s audit automation tool and global audit manual. She also authored and delivered technical audit training materials and guidance for the UK audit teams.

Helen is a member of ICAEW’s ISA panel.

Dave Rowley CPFA

Prior to joining Croner-i, Dave worked for Grant Thornton, focusing principally on the Public, Not for Profit and Pensions sectors. Over the course of 10 years, Dave worked with a diverse range of clients, providing both external and internal audit services as well as related assurance services such as independent examinations, grant certifications and value for money reporting.