2025 Top Tips for Smaller Entity Audit Files

£75.00 (Exc. VAT)

Presented by Peter Herbert. Expected CPD Points/Hours - 2

2025 Top Tips for Smaller Entity Audit Files. This course will go live  early June 2025.

Course Description: Auditing in smaller firms is challenging. Professional bodies like ICAEW and ACCA set the bar very high but there is no ‘ISA-light’ regime for simpler audits which means that balancing efficiency and effective is a real challenge. Based on practical file reviewer experiences,  this course will provide an illuminating insight. Topics covered will include:

·      How to plan the audit effectively without blowing the budget

·      Key Key audit ethics challenges in smaller firms

·      How to approach audit sampling and materiality and what to avoid

·      Key audit tests – how to perform and document them efficiently and effectively

·      How to approach the going concern and subsequent events reviews

·      Common issues on audit cold file reviews and how to prevent them happening

About the Presenter: Peter is a director of Insight Training. Peter qualified as a Chartered Accountant with an international accountancy firm before working in industry. With over 20 years of training experience, Peter writes and presents technical updates for managers and partners of national firms of accountants and qualified accountants in both the private and public sector. Peter specialises in financial reporting (UK GAAP and IFRS), auditing, practice regulation and company law. He has a particular interest in charity, academy and pension scheme accounting and audit.