Analytical Procedures International Standard on Auditing (Ireland) ISA 520 deals with theauditor’s use of analytical procedures as substantive procedures (“substantiveanalytical procedures”). Effective Date The current version of ISA (Ireland) 520 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 … Continued

Audit Sampling International Standard on Auditing (Ireland) 530 applies when theauditor has decided to use audit sampling in performing audit procedures. Effective Date The current version of ISA (Ireland) 530 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 … Continued

Auditing Accounting Estimates and Related Disclosures International Standard on Auditing (Ireland) 540 deals with the auditor’sresponsibilities relating to accounting estimates and related disclosures in an audit of financialstatements. Effective Date The current version of ISA(Ireland) 540 is effective for audits of financial statements for periods beginning on or afterDecember 15, 2019. Current Standard ISA (Ireland) … Continued

External Confirmations  International Standard on Auditing (Ireland) 505 deals with the auditor’suse of external confirmation procedures to obtain audit evidence in accordance withthe requirements of ISA (Ireland) 330 (Revised August 2018) and ISA (Ireland) 500(Revised July 2017). Effective Date The current version of ISA (Ireland) 505 is effective for the audits of financial statements for … Continued

Initial Audit Engagements – Opening Balances International Standard on Auditing (Ireland) 510 deals with the auditor’sresponsibilities relating to opening balances in an initial audit engagement. Effective Date The current version of ISA (Ireland) 510 is effective for the audits of financial statements for periodscommencing on or after 17 June 2016, for which opinions are issued … Continued

Audit Evidence International Standard on Auditing (Ireland) 500 explains whatconstitutes audit evidence in an audit of financial statements, and deals with theauditor’s responsibility to design and perform audit procedures to obtain sufficientappropriate audit evidence to be able to draw reasonable conclusions on which to basethe auditor’s opinion. Effective Date The current version of ISA (Ireland) … Continued

Audit Evidence – Specific Considerations for Selected Items International Standard on Auditing (Ireland) 501 deals with specificconsiderations by the auditor in obtaining sufficient appropriate audit evidence inaccordance with ISA (Ireland) 330, ISA (Ireland) 500 and other relevant ISAs(Ireland), with respect to certain aspects of inventory, litigation and claims involvingthe entity, and segment information in an … Continued

Communication with Those Charged with Governance  International Standard on Auditing (Ireland) 260 deals with the auditor’sresponsibility to communicate with those charged with governance in an audit offinancial statements. Effective Date The current version of ISA (Ireland) 260 is effective for the audits of financial statements for periodscommencing on or after 01 January 2025. Current Standard … Continued

Communicating Deficiencies in Internal Control to Those Charged with Governance and Management International Standard on Auditing (Ireland) 265 deals with the auditor’sresponsibility to communicate appropriately to those charged with governance andmanagement deficiencies in internal control that the auditor has identified in an auditof financial statements. Effective Date The current version of ISA (Ireland) 265 is … Continued

Planning an Audit of Financial Statements International Standard on Auditing (Ireland) 300 deals with theauditor’s responsibility to plan an audit of financial statements. Effective Date The current version of ISA (Ireland) 300 is effective for the audits of financial statements for periodscommencing on or after 17 June 2016, for which opinions are issued on or … Continued