Understanding the Impact of Changes to the ISA 240 standard on FIRE Practitioners
16 Mar 2021
Location: 12pm - 1.00pm Virtual Event (Zoom) Members: FREE - Book by 16 Mar
Please join BRG for this webinar discussing the impending changes to ISA (UK) 240 “The auditor’s responsibilities in relation to fraud in an audit of financial statements”, including the drivers behind the revisions to the standard and the potential impacts for FIRE practitioners. You will benefit from direct insights from the FRC alongside the legal and consulting sectors, including:
- a summary of the proposed changes to the standard, the motivation for the changes, and the intended impact;
- consideration of practical changes to the conduct of audits following the changes, including the need to bring in forensic experts;
- how the changes might impact the regulators’ appetite for investigating breaches and how firms can protect themselves against this; and
- practical insights and experiences of working with regulators, enforcement agencies and corporate clients in cases involving accounting fraud.
Your Expert Speakers include:
Head of UK Auditing Standards
Ben Johnson has over eighteen years of experience in forensic accounting, including fraud and financial investigations, bribery and corruption, audit negligence, asset tracing, and litigation and arbitration.
A member of BRG’s Global Investigations + Strategic Intelligence practice, Mr. Johnson has led many investigations and reviews into suspected accounting irregularities, bribery and corruption issues, and misconduct on behalf of regulators and private clients in both civil and criminal proceedings.
He has significant financial services experience, having led investigations into alleged misconduct at banks in multiple jurisdictions, and he has led more than eight investigations on behalf of accountancy regulators in relation to accounting issues in recent accounting scandals.
Mr. Johnson has experience across a range of industry sectors, in particular: financial services, software, technology, support services, oil and gas, construction and engineering, supply chain management, retail, and gaming.
Mr. Johnson has provided expertise in investigations and disputes on the application of IFRS, UK GAAP and US GAAP
Julie Matheson is a partner in the Regulatory Team. Her expertise lies in advising professionals and professional services firms, particularly in the accountancy and built environment sector, on regulatory compliance, investigations and enforcement proceedings.
Julie assists clients with a range of regulatory issues, ranging from non-contentious advice on compliance with a regulator’s rules and procedures, to defending clients subject to regulatory investigations and prosecutions. She has particular expertise in advising accountants and accountancy firms in respect of issues with their regulation by the FRC, ICAEW, ACCA, CIPFA or CIMA; insolvency practitioners in respect of IPA or ICAEW interventions; and built environment professionals and firms in relation to issues with professional bodies including RICS and ARMA.
Phil Crooks is a Chartered Accountant with over forty years of experience in accounting, auditing, and investigations.
He has acted as advisory and testifying expert in connection with litigation, arbitration, and regulatory matters. Previously, he was an audit partner at a large firm and has acted as expert on a range of forensic accounting matters.
Mr. Crooks was a partner in a large accounting firm for over twenty years. He was UK head of audit and had responsibilities including setting the strategy and overseeing audit quality for the firm. He gained extensive experience of quality review programs, internal investigations, and liaising with regulators.
Before that, he was in audit at a Big Four firm for fifteen years. His earlier career included accounts preparation, providing insight into how accounts are put together, knowledge that he has applied in investigations, due diligence, and other forensic work.
Amy McLaughlin is a forensic accountant and an associate director in BRG’s Global Investigations + Strategic Intelligence practice based in London.
She has over twelve years of consulting experience in the areas of forensic accounting, including fraud and financial investigations, bribery and corruption, and litigation and arbitration.
She was previously in the Financial Advisory Services team at a management consulting firm, where she worked on both investigations and expert disputes.
Amy McLaughlin - Associate Director - BRG
James Ferris - Head of UK Auditing Standards - FRC
Julie Matheson - Partner - Kingsley Napley
Phil Crooks - Managing Director - BRG
Ben Johnson - Managing Director - BRG
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