The IRBA Inspections Department issues a public inspections report annually that provides an analysis of key findings arising from inspections performed during a particular year.
The IRBA uses the results of the inspection findings to monitor the efforts of the firms and registered auditors to improve the rate of inspection findings over time.
Please join us for a virtual Training session to explain to you in a very practical manner the findings identified by the IRBA, the reason for the findings and the processes that could be implemented by your firm to address these possible deficiencies.
The session also provides you with an opportunity to update your firm’s risk register by identifying and documenting additional quality risks and responses to these risks.
• Reportable findings
o At firm level
o At engagement level
• Most common reasons for findings
• Measures to address deficiencies
• What to expect during the 8th Inspections Cycle
o Comprehensive stakeholder engagement
o Guided proactive monitoring of remediation initiative
o Theme-based inspections
All partners and managers who are performing audits will benefit from attending this session.
