Registration Time:09:00
Session Time: 09:15 - 12:30  no break

Speakers: Ms Janis Hyzler & Mr Alan Borg Olivier

Venue:   Online Webinar

Participation Fees 
MIA Members: €40.00

Non-MIA Members: €75.00

Retired Members: €20.00

Students: €30.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

The revised ISA 315, Identifying and Addressing the risks of material misstatement, became effective in September 2019, bringing with it, among other things, an improved approach to addressing significant risks in audits, as well as much needed attention on risks emanating from the use of IT.
While the standard became effective for audits beginning on or after 15 December 2021, challenges with respect to its application are still encountered in practice.
This course will serve as a refresher to outline the changes emanating from the revised ISA 315 standard as well as the relevant requirements and auditor's responsibilities emanating from the standard.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

This session will cover:
• An overview of the standard
• The identification and assessment of risk, in line with the revised standard, including the identification and assessment of significant risks in audits
• The 5 inherent risk factors including the spectrum of inherent risk
• Documentation requirements
• Practical examples on the application of the revised ISA 315 standard

Why is the session of relevance to our members?

The identification and assessment of risks in an audit of financial statements plays a vital role in ensuring an appropriate audit opinion is provided. While the revisions to ISA 315 provide us with improved guidance and tools for the identification and assessment of risk, failure to properly apply these revisions could result in an ineffective audit.
Through participating in this event, the audience will grasp a better understanding of ISA 315 (Revised), along with the specific requirements of such standard. This will enable participants to better identify and assess risks of material misstatements within their audits in order to address such risks accordingly

Target Audience

This session is targeted towards qualified and practicing auditors, as well as students working in audit, to enhance their knowledge and understanding on what is expected from them during the planning stages of an audit in line with ISA 315 (Revised). 

Speakers' Profiles

Janis Hyzler joined Zampa Partners in December 2018 and is an Audit Director within the Audit & Assurance team, overseeing a portfolio of clients from various industries.

A qualified accountant and auditor, Janis graduated from the University of Malta in 2010 with a Bachelor of Accountancy (Honours) Degree. She brings over 14 years of experience in the financial services sector, having kicked off her career at a Big Four audit firm. Her professional journey includes international assignments in the U.S.A and Australia, which enabled Janis to expand her knowledge base within the financial services sector.

In addition to her audit background, Janis held an accounting role within a corporate service provider, where she managed the financial reporting for clients spanning multiple industries

Alan Borg Olivier   joined Zampa Partners in May 2025 as an Audit Leader in the Audit & Assurance team. He holds an ACCA qualification and is a member of both the Association of Chartered Certified Accountants (ACCA) and the Malta Institute of Accountants (MIA). He is also a certified public accountant and registered auditor.

EVeNT CPE COMPETENCies

3 Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

DISCLAIMER

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Please note that all webinars are recorded by the MIA. Such recordings will be retained by the MIA for internal use.