The purpose is to provide information on the revised ISA (Ireland) 315 Identifying and Assessing the Risks of Material Misstatement. ISA 315 is effective for financial periods beginning on or after 15 December 2021.

The Auditor’s Responsibilities Relating to Other Information International Standard on Auditing (Ireland) 720 (ISA (Ireland) 720) deals with the auditor’sresponsibilities relating to other information, whether financial or non-financialinformation (other than financial statements and the auditor’s report thereon), includedin an entity’s annual report. Effective Date ISA (Ireland) 720 is effective for the audits of financial statements … Continued

Related Parties International Standard on Auditing (Ireland) 550 deals with theauditor’s responsibilities relating to related party relationships and transactions in anaudit of financial statements. Effective Date ISA (Ireland) 550 is effective for the audits of financial statements for periodscommencing on or after 17 June 2016, for which opinions are issued on or after 1February 2017. … Continued

Subsequent Events International Standard on Auditing (Ireland) 560 deals with theauditor’s responsibilities relating to subsequent events in an audit of financialstatements. Effective Date ISA (Ireland) 560 is effective for the audits of financial statements for periodscommencing on or after 17 June 2016, for which opinions are issued on or after 1February 2017. Current Standard ISA … Continued

Going Concern  International Standard on Auditing (Ireland) 570 deals with the auditor’sresponsibilities in the audit of financial statements relating to going concern and theimplications for the auditor’s report. Effective Date ISA (Ireland) 570 is effective for audits of financial statements for periods commencingon or after 15 December 2019. Current Standard ISA (Ireland) 570 (Revised October … Continued

Written Representations International Standard on Auditing (Ireland) 580 deals with the auditor’sresponsibility to obtain written representations from management and, whereappropriate, those charged with governance in an audit of financial statements. Effective Date ISA (Ireland) 580 is effective for the audits of financial statements for periodscommencing on or after 15 December 2019. Current Standard ISA (Ireland) … Continued

Special Considerations Audits of Group Financial Statements (Including the Work ofComponent Auditors) International Standards on Auditing (Ireland) 600 deals with special considerations that apply to group audits, in particular those that involve component auditors. Effective Date ISA (Ireland) 600 is effective for the audits of financial statements for periodscommencing on or after 15 July 2021. Current … Continued

Using the Work of Internal Auditors International Standard on Auditing (ISA) 610 deals with the externalauditor’s responsibilities if using the work of internal auditors. Effective Date ISA (Ireland) 610 is effective for the audits of financial statements for periodscommencing on or after 17 June 2016, for which opinions are issued on or after 1February 2017. … Continued

Using the Work of an Auditor’s Expert International Standard on Auditing (Ireland) 620 deals with the auditor’sresponsibilities relating to the work of an individual or organization in a field of expertiseother than accounting or auditing, when that work is used to assist the auditor inobtaining sufficient appropriate audit evidence. Effective Date ISA (Ireland) 620 is … Continued

Forming an Opinion and Reporting on Financial Statements  International Standard on Auditing (Ireland) 700 deals with the auditor’sresponsibility to form an opinion on the financial statements. Effective Date ISA (Ireland) 700 is effective for the audits of financial statements for periods commencingon or after 15 July 2021. Current Standard ISA (Ireland) 700 (Revised November 2020) … Continued