Blog
NEWS & UPDATESA Salutary Lesson on Inventory Audit Work
It can be a very informative learning experience for auditors to focus on the Decision Notices (DN) published by the...
Root Cause Analysis – Best Practice
As part of the new ISQM 1 audit quality management standard, there has been much commentary about a new procedure...
Thanks Mum! – Careless Due Diligence
The Financial Times reported in late February 2023 on a classic example of CDD (Client Due Diligence) gone...
The Latest Sanctions
As of 4 June 2022, (under EU sanctions) it is prohibited to provide, directly or indirectly, accounting, auditing,...
Immigrant Investor Programme Closed
Our blog last week, about Ireland’s Golden Visa programme was quite timely. It dealt with the Government’s...
Top Ten Things to do for High Risk Clients
In recent days there has been some adverse media attention about Ireland’s Golden Visa programme, which in 2022,...
Tips For the Supplier Quality Statement
As many audit firms will already be aware the International Standard on Quality Management 1 (ISQM 1) became effective...
Four Steps to Assessing Audit Quality Risks
The implementation deadline for the International Standard on Quality Management 1 (ISQM 1) was 15 December 2022 the...
Registration deadline looms for clients with property in the UK
Do you have clients with property interests in the UK, or who are about to acquire or recently sold property there?...
Got Your Supplier Quality Statement Yet?
As many audit firms will already be aware the International Standard on Quality Management 1 (ISQM 1) became effective...
Accessing the Register of Beneficial Ownership
As many are already aware, access to the RBO Register has recently been shut down, following an EU Court of Justice...
Are you Ready for a Hot File Review?
The ISQM 2 comes into effect on 15 December 2022. It relates to what used to be called ‘engagement quality control...