By attending this session, participants will:

• Gain insight into past IRBA findings and their root causes.
• Understand the corrective actions required to address these deficiencies.
• Follow a structured approach to reviewing the audit process from planning to completion to identify potential weaknesses.
• Use IRBA findings as a practical review checklist for managers and partners.
• Improve the overall quality of audit files to reduce the risk of regulatory findings.
  
  

• Introduction to Common IRBA Findings
• Overview of the most frequent findings from past audits.
• Understanding the impact of poor-quality audit files.
• Root Causes of Findings
• What led to the deficiencies?
• Common pitfalls in documentation and execution.

Step-by-Step Review of the Audit Process

• Planning & Risk Assessment – Identifying common IRBA concerns.
• Audit Procedures & Execution – Addressing gaps in evidence gathering.
• Audit Documentation – Ensuring sufficient and appropriate audit evidence.
• Finalization & Reporting – Avoiding common errors in conclusions and reports.

Practical Steps to Avoid IRBA Findings

• Key improvements firms should implement.
• Best practices for engagement teams.
• How to use these findings as an internal quality review checklist.
  
  

All audit teams members