M26061 – Lessons learnt from Quality Assurance Unit inspection visits (Online)
Registration Time: 09:15
Session Time: 09:30 – 11:30 (No Break)
Speaker: Mr Roderick Falzon
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
The session explains common findings the QAU has identified when reviewing completed audit engagements, discussing key findings and observations from the Accountancy Board’s annual report and common pitfalls of SME audits. It then provides recommendations and solutions that sole practitioners and audit firms should implement.
Specific topics to be covered during the session
The session shall start off with a general background and changes effecting the profession. We shall then delve into the key visit findings, ISAs breaches and observations identified by the Quality Assurance Unit during inspection visits as well common pitfalls of SME audits. We shall then provide recommendations and solutions that sole practitioners and audit firms should take on-board and implement to address audit findings.
Target Audience
Sole practitioners providing audit services and audit firms (engagement partners, audit managers, team members, quality assurance consultants and sub-contractors).
Speaker’s Profile
Mr Roderick Falzon is a certified public accountant and holds a practicing certificate in auditing. He holds an ACCA professional qualification and is a fellow of the Malta Institute of Accountants. He also holds a B. Com (Hons) Management degree from the University of Malta. He worked for a number of years with one of the Big Four audit firms. Since 2014, he has been working as audit quality assurance reviewer in the Quality Assurance Unit within the Ministry for Finance where he performs quality assurance visits to sole practitioners and audit firms. He also participates in one of the colleges within the Committee of European Auditing Oversight Bodies.
Event CPE Competencies
2 Core
Webinars Terms and Conditions
Terms and conditions apply
