Balancing Efficiency & Effectiveness in SME Audits

This course was held on Thursday 7th March 2024.  If you missed it, you can request a recording below.


3 CPD Hours

120 Days Access

Course outline

For firms undertaking SME audits, there is a real challenge in meeting the ever-greater requirements of auditing standards and regulations, whilst striving for audit efficiency and achieving reasonable job recoveries. This course will highlight all the important tips and traps and provide practical ideas about audit efficiency.


Who should attend

Partners and staff in firms who undertake statutory audits of trading companies and charities.


Course content 

  • Impact of ISAs 240 and 315 revised on planning – practical insights 12 months on
  • Materiality and sample sizes
  • Audit documentation – what regulators expect to see
  • Common problem issues on files and how to address them
  • ICAEW and FRC feedback on audit quality
  • 10 tops tips for an efficient SME audit
  • Audit data analytics – what it is and how it can drive improvements in SME audits


Course speaker

This course is presented by: Peter Herbert

After qualifying in 1993 Peter spent a number of years in industry and now spends much of his time delivering training courses on aspects of financial reporting, auditing, company law and practice regulation, principally to accountants working in professional practice and in industry.

When not training, Peter spends much of his time carrying out audit file reviews and practice assurance reviews for firms of accountants and advising them on issues of financial reporting and audit methodology. This allows him to bring practical insight to the courses and lectures that he delivers.

How long is this course?

9.30am - 12:30pm

Course location and cost

Our high-quality programmes are delivered virtually and face-to-face for your convenience.


Non-members - £145 + VAT

Online members - £108 + VAT

Full members – FREE


Live via webcast

Non-members - £145 + VAT

Online members - FREE

Full members – FREE

If you would like to find out about accessing cost-effective training for you and your team through our membership programme, you can learn more here.

Recording of live sessions: A recording will be available 2-3 days after the course and will automatically be sent to those who attended the live online webcast.  The recording will also be available upon request for venue attendees.