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Standards Newsletter February 2022

July 7, 2022

Standards Newsletter February 2022 View document

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Irish Quality Management Standards

July 7, 2022

1. This video provides an overview of the Quality Management Standards and the relationship between ISQM 1, ISQM 2 and ISA 220. Find the explainer video at the following link here 2. This video provides an overview of International Standard on Quality Management 1- Quality Management for Firms that Perform Audits or Reviews of Financial … Continued

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What IAASA does – Auditing standard setting function

July 7, 2022

Explainer video: https://youtube/vq9n9rBapSw Factsheets: Auditing-Standards-Factsheets Slide-deck: IAASA standard setting role

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Standards for Investment Reporting

July 7, 2022

SIR (Ireland) 1000 – Investment Reporting Standards Applicable to all Engagements in Connection with an Investment Circular SIR (Ireland) 2000 – Investment Reporting Standards Applicable to Public Reporting Engagements on Historical Financial Information SIR (Ireland) 3000 – Investment Reporting Standards Applicable to Public Reporting Engagements on Profit Forecasts SIR (Ireland) 4000 – Investment Reporting Standards … Continued

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Scope and Authority of Audit and Assurance Pronouncements

July 7, 2022

Scope and Authority of Audit and Assurance Pronouncements View document

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Description of the auditor’s responsibilities for the audit of the financial statements

July 7, 2022

Description of the auditor’s responsibilities for the audit of the financial statements 

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ISQM (Ireland) 1

September 15, 2021

Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements This International Standard on Quality Management (ISQM (Ireland)) deals with a firm’s responsibilities to design, implement and operate a system of quality management for audits or reviews of financial statements, or other assurance or related services … Continued

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ISQM (Ireland) 2

September 15, 2021

Engagement Quality Reviews This International Standard on Quality Management (Ireland) (ISQM (Ireland)) deals with:(a) The appointment and eligibility of the engagement quality reviewer; and(b) The engagement quality reviewer’s responsibilities relating to the performance anddocumentation of an engagement quality review. Effective Date This ISQM (Ireland) is effective for:(a) Audits and reviews of financial statements for periods … Continued

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Presentation of Key Amendments on ISA (Ireland) 240

July 23, 2021

Presentation on ISA (Ireland) 240

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Responses Received Proposal to revise ISA (Ireland) 240 The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements

July 22, 2021

Proposal to revise ISA (Ireland) 240 The Auditor’s Responsibilities Relating to Fraud inan Audit of Financial Statements Chartered Accountants Ireland (CAI) CPA Ireland (CPA) Deloitte EY KPMG PwC

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