Join this webinar to learn about the proposed changes ISA 500 Audit Evidence as a forthcoming revision to the ISA, and how this may impact your role. Expert speakers from ICAEW, BDO, Mazars and our partner Confirmation will discuss how these changes could affect the confirmation processes for auditors.
ISA 500 (Revised) Audit Evidence• A reminder of the current key requirements.• Potential changes based on the proposed amendments by IAASB.
ISA (UK) 505 External Confirmations• A reminder of current key requirements and practical tips for best practice.• How technology is changing external confirmations.• Potential changes based on the proposed amendments by the FRC.
A flavour of the PCAOB's recent consultation on confirmations (AS 2310)
Timeline for changes in standards to include:
ICAEW’s CPD Regulations are changing. From 1 November 2023, members and other professionals regulated by ICAEW will need to complete a minimum number of hours’ CPD per year, some of which will need to be verifiable. Attending events like this could contribute to one hour of verifiable CPD, so long as you can demonstrate that the content is relevant to your role.
ICAEW members and non-members are welcome to join.
Confirmation, part of Thomson Reuters, is a leading provider of audit confirmation services to the audit, financial services and legal sectors.
Should you experience any difficulties booking onto the event, please go to our events support page - how to book.
The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.
Helen Bimbassis, Director - Quality Assurance, BDO UAEHelen has over 25 years of experience in the audit technical sphere, her skill set ranges from developing and implementing the audit methodology, developing and providing audit-specialised training and quality improvement projects with a focus on ISQM and Root Cause Analysis. She brings change management elements to all these areas assisting the leadership of the firm to transition with resilience in a regulated landscape.
Kyle Gibbons, Head of Global Accounts, Confirmation, part of Thomson ReutersFor over 10 years Kyle's career has been focused on the audit profession, first as an auditor, then serving in consultative roles across resourcing and technology. He is also a regular speaker on the topics of fraud, information and technology across audit. Currently he is Head of Global Accounts at Thomson Reuters where he has global oversight of the organisation's relationships with the world's largest accounting firms in relation to the Confirmation service. He also manages Confirmation's operations across Europe and South Africa.
Katharine Bagshaw FCA, ICAEWKatharine Bagshaw FCA has 25 years’ experience dealing with auditing standards and standard-setting, currently a senior technical manager with ICAEW. She was vice chair of IFAC’s SMP Committee and has sat on a number of IAASB working groups. She was an ACCA auditing examiner, has worked extensively in Eastern Europe and has lectured globally on auditing standards.
Paul Winrow, Partner – Head of Audit and Assurance Methodology, MazarsPaul Winrow joined Mazars in May 2020 as a Partner in the Audit Quality team. He was previously Technical Partner in a mid-tier audit firm after spending over six years in global roles in top 10 international networks. He has extensive experience in the Public and Not for Profit sector built over 25 years with big 4 and mid-tier audit firms.
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