2020 was a tumultuous year – not least for auditors. The effect of COVID-19 and BREXIT will be felt well into 2021 and beyond. And with tough new auditing standards coming into play in 2021 it’s a perfect storm. This seminar will navigate through all the important issues and will provide auditors with practical guidance on how to tackle them

Topics covered will include:

• The audit of going concern – key do’s and don’ts
• Practical tips for performing and documenting audits conducted remotely
• Auditing balance sheet adjustments resulting from COVID-19
• BREXIT – what it means for statutory auditors in 2021 and beyond
• The impact of revisions to ISAs 540, 570 and 700 on audits performed in 2021

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 a practical insight to the courses and lectures that he delivers.