Confidential assessment of your needs
Expert Guidance on ISAs, ISREs & ISAEs for UK Audits
Resolve Complex Audit Issues with UK-Specific Technical Support
The Challenge of UK Audit Compliance
UK audit practices face unique challenges in applying international standards:
- Regulatory Complexity: FRC requirements and UK-specific adaptations
- Increasing Scrutiny: Enhanced focus on audit quality from regulators
- Evolving Standards: Keeping pace with ISA updates and UK implementations
- Practical Application: Translating standards into effective audit methodologies
Our consultancy provides the UK-specific expertise you need to address these challenges confidently.
UK-Specific Expertise
- Deep understanding of FRC requirements and expectations
- Experience with UK regulatory bodies and reporting frameworks
- Knowledge of UK audit market specificities and best practices
Practical Implementation Focus
- Solutions designed for real-world application in UK practices
- Proportional guidance for firms of all sizes
- Focus on achievable improvements with measurable impact
Proven Track Record
- Successful support for firms through FRC quality reviews
- Effective remediation of audit quality issues
- Enhanced compliance and reduced regulatory risk
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ISA Implementation Support
- UK-specific ISA Guidance: Interpretation and application in the UK context
- Methodology Development: Enhancing your firm’s audit methodology and templates
- Quality Control Reviews: Independent assessment of audit files against ISAs
- Technical Query Resolution: On-demand answers to complex audit issues
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ISRE & ISAE Advisory Services
- Review Engagements (ISRE 2400): Guidance on limited assurance engagements
- Assurance Engagements (ISAE 3000): Support for non-audit assurance work
- Procedural Development: Designing appropriate methodologies for review engagements
- Reporting Guidance: Ensuring compliant assurance reports for UK entities
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Regulatory Compliance
- FRC Compliance: Adherence to UK-specific regulatory requirements
- Ethical Standards: Implementation of FRC Ethical Standard provisions
- Documentation Standards: Meeting UK documentation requirements
- Quality Monitoring: Preparing for internal and external quality reviews
- Initial Assessment
- Understanding your firm’s specific challenges and regulatory context
- Review of existing methodologies and quality control systems
- Identification of key risk areas and improvement opportunities
- Tailored Solutions
- Practical, proportionate recommendations for your practice size
- Customised templates and methodology enhancements
- Staff training and implementation support
- Ongoing Support
- Technical helpline for urgent queries
- Regular updates on UK regulatory changes
- Follow-up reviews to ensure effective implementation
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Project-Based Support
- Specific issue resolution and methodology enhancements
- Quality review preparation and remediation projects
- Standard-specific implementation projects
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Retainer Arrangements
- Ongoing technical support and guidance
- Regular methodology updates and maintenance
- Continuous quality improvement programmes
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Emergency Support
- Rapid response for urgent technical issues
- Crisis management for regulatory challenges
- Immediate quality concerns addressing
Relevance Through Customization:
- Real examples from your sectors and client types
- Direct alignment with your quality review priorities
- Integration with your firm’s methodology and approach
Practical Skill Development:
- Focus on application rather than just theory
- Exercises that mirror actual audit engagements
- Tools and templates your team can immediately use
Expert-Led Delivery:
- Training by an IFRS specialist with audit experience
- Insights into how standards are applied in practice
- Understanding of common implementation challenges
Comprehensive Programs:
- Multi-session deep dives into complex standards
- Progressive learning paths from basic to advanced
- Combined technical and audit methodology training
Targeted Workshops:
- Focused sessions on specific standards or topics
- Update training on new amendments and interpretations
- Remedial training addressing quality review findings
Ongoing Support:
- Follow-up Q&A sessions after training
- Technical helpline for post-training queries
- Regular update sessions as standards evolve
Clear scope, deliverables and investment
Dedicated support from experienced specialists
Practical solutions and implementation support
Ensuring long-term impact
We provide guidance on the full suite of International Standards on Auditing (ISAs) as adopted in the UK, including ISREs (International Standards on Review Engagements) and ISAEs (International Standards on Assurance Engagements).
Absolutely. Our live virtual workshops are designed to engage remYes, this is a core service. We can conduct a pre-emptive internal review of your audit files against FRC expectations, help you develop an action plan to address any gaps, and provide support and training to ensure your team is fully prepared. ote and
global teams effectively.
Absolutely. A significant part of our work is with SMPs. We focus on the proportional application of standards, ensuring your methodologies and procedures are robust and compliant yet practical and efficient for the size and complexity of your client base.
We select a sample of your audit files (often focusing on higher-risk engagements) and perform an independent review against relevant ISAs and your own methodology. We provide a detailed report highlighting strengths, areas for improvement, and practical recommendations to enhance audit quality.
Yes. We can assist with developing, enhancing, or fully updating your firm’s audit methodology and related templates to ensure they are compliant with the latest standards and efficient for your teams to use.
Yes, we offer urgent support for live audit issues. We can provide rapid, practical guidance to help your team navigate the problem, ensuring the audit remains on track and compliant.
Our consultancy is delivered by a professional with extensive hands-on audit experience in practices similar to yours. Our recommendations are always grounded in what is workable and proportionate in a real-world audit environment, focusing on achieving audit quality without unnecessary bureaucracy.
Often, yes. Many consultancy projects naturally lead to identifying knowledge gaps. We can design and deliver bespoke training sessions for your team to address these specific needs, ensuring the improvements from the consultancy are embedded within your practice. Please have a look at our page for Bespoke ISA training for firms
The consultancy support during our Practice Assurance review was invaluable. The pre-review assessment identified issues we could address proactively, and the guidance during the process helped us demonstrate our compliance effectively
Implementing ISA 315 (Revised) across our practice was challenging, but the tailored methodology and training provided gave us confidence in our new approach. The UK-specific examples made all the difference.
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