Registration Time: 09:15
Sessions Time: 09:30 - 11:30  including a 15-minute break
Speaker: Ms Sarah Mercieca Gambin

Venue:   Online Webinar

Participation Fees 
MIA Members: €28.00

Non-MIA Members: €50.00

Retired Members: €15.00

Students: €20.00

*Group bookings for 3 or more participants available.

BACKGROUND INFORMATION

This CPE session will provide an in depth exploration of two important International Standards on Auditing: ISA 570 Going Concern and ISA 560 Subsequent Events. These standards play a critical role in ensuring audit quality, professional scepticism, and the reliability of financial reporting. Recent economic uncertainty, evolving business risks, and heightened regulatory attention make the practical application of these ISAs more essential than ever. The session will examine both the conceptual framework and real world considerations that auditors face when evaluating going concern assumptions and assessing events occurring after the reporting date.

SPECIFIC TOPICS TO BE COVERED DURING THE SESSION

The session will address the core principles and requirements of ISA 570, including management’s responsibility for going concern assessment, the auditor’s evaluation of management’s assumptions, and the auditor’s reporting responsibilities when material uncertainty exists. It will also explore the enhanced documentation and communication expectations that apply under this standard. With respect to ISA 560, the session will cover the auditor’s responsibilities for identifying and responding to subsequent events, adjusting and non adjusting events, and the procedures required when facts come to light after the auditor’s report has been issued. Practical examples and scenario based discussions will be used to illustrate how these standards should be applied in challenging or complex situations.

Why is the session of relevance to our members?

Both members and non members will gain significant value from attending this session, as the requirements of ISA 570 and ISA 560 continue to be areas of high professional focus and regulatory scrutiny. Understanding these standards is essential not only for ensuring audit quality but also for strengthening sound financial reporting practices in today’s dynamic business environment. Attendees will have the opportunity to enhance their technical knowledge, improve professional judgement, and benefit from practical insights that can be immediately applied in their work.

Target Audience

This session is designed for audit practitioners at all levels, including audit managers, senior auditors, newly qualified professionals, and those involved in quality assurance or financial reporting oversight. It will also be beneficial for financial controllers, internal auditors, and other professionals responsible for preparing or reviewing financial statements, as the topics addressed impact both preparers and auditors in ensuring compliance with international auditing requirements.

Speaker's Profile

Sarah Mercieca Gambin is a Director at Zampa Partners, bringing over 13 years of expertise in financial auditing, risk assessment, and regulatory compliance. Throughout her career, she has led audit teams across diverse industries, ensuring the accuracy and reliability of financial reporting.
In her current role, Sarah manages complex audit engagements, guiding clients through financial and operational risks while upholding industry standards and regulatory requirements. Recognised for her meticulous auditing approach, strong leadership, and strategic insights, she plays a key role in enhancing organisational efficiency and governance.
Sarah is ACCA qualified, a certified public accountant, and a registered auditor. Passionate about professional development, she actively mentors aspiring auditors and contributes to industry conferences and training programs.

EVeNT CPE COMPETENCies

2 Core

WEBINARS TERMS AND CONDITIONS

Terms and conditions  apply

DISCLAIMER

By Registering and/or Booking for this event, you agree that MIA will collect your information which will be using it in accordance with its Privacy Notice available at the following link.

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