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Audit and assurance CPD resources

A selection of resources to support the continuing professional development for those working in audit and assurance. See the latest support on quality management, risk assessment and professional judgement in audits, as well as information on regulation, standards and guidance.

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Key resources

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Resources

Audit & Beyond

Topical features and commentary from experts helping to put audit into context.
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Resources

Professional judgement

ICAEW brings together a range of resources on professional judgement to help you develop your skills in approaching difficult judgements.
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Exclusive
Soft skills

What makes a good audit manager

Focusing on five key elements can help you to balance the technical and non-technical demands of this role.
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Resources

Audit and Fraud

In this Insights special we look at the vital role auditors play in identifying fraud in the financial sector and examine how fraud can be addressed.
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Resources

Auditing Accounting Estimates

Access resources and support tools on auditing accounting estimates, covering auditors’ responsibilities under auditing standards and practical challenges.
More information

Latest on audit

Guidance and support from Audit and Beyond and the Audit and Assurance Faculty's technical news in brief.
Exclusive Technical news in brief
  • Article
  • 27 Nov 2023
ICAEW's Audit and Assurance Faculty brings you the latest technical updates on developments in auditing and assurance, financial reporting and ethics.
Exclusive The importance of audit
  • Article
  • 20 Nov 2023
The audit profession is at a crossroads, with new technology transforming the day-to-day tasks of those in the profession, and the variety of work under the audit umbrella increasing. In a new series of videos, John Selwood spoke to four auditors about why they’d recommend their career choice.
Exclusive Auditing and reporting updates: November 2023
  • Helpsheets and support
  • 17 Nov 2023
Stay on top of recent Audit and Assurance Faculty developments, as well as recent and upcoming faculty webinars and other important events for your diary.
Exclusive Q&A: November 2023
  • Helpsheets and support
  • 17 Nov 2023
ICAEW’s Technical Advisory Service offers answers to some topical questions.
Exclusive Stay positive under pressure
  • Article
  • 17 Nov 2023
Planning and preparation are key when it comes to surviving any audit busy season.
Exclusive Auditing accounting estimates – topical risks and reminders
  • Article
  • 17 Nov 2023
Fast-changing economic conditions make key requirements in ISA 540 particularly important. Andrew Paul offers some timely reminders and practical tips.
Exclusive Challenging management’s experts – pension assets
  • Article
  • 17 Nov 2023
Amelia Pickard shares tips on challenging Level 3 asset valuations, with practical guidance on possible audit procedures.
Exclusive Using experts when auditing specialist areas
  • Article
  • 17 Nov 2023
Using an internal or external expert on an audit? Peter Herbert and Rhodri Whitlock share some key considerations, highlight do’s and don’ts, and suggest a framework for well-reasoned documentation.
More

Audit regulation

Regulations and guidance for those working in the regulated area of audit in the UK, Ireland and the Crown Dependencies.

Narrative reporting update
  • Webinar
  • 22 Nov 2023
  • PDF (661kb)
As well as covering new developments in front-half reporting, this webinar explores how to improve established aspects of narrative reporting and drive connectivity across the annual report.
Exclusive Auditing and reporting updates: November 2023
  • Helpsheets and support
  • 17 Nov 2023
Stay on top of recent Audit and Assurance Faculty developments, as well as recent and upcoming faculty webinars and other important events for your diary.
Audit Monitoring Report 2022/23
  • Report
  • 15 Nov 2023
  • PDF (705kb)
This report reveals a mixed picture in relation to audit quality arising from the reviews that the Quality Assurance Department (QAD) conducted during 2022/23.
FRC slashes UK Corporate Governance Code revisions
  • Article
  • 07 Nov 2023
More than half of the proposals outlined in its consultation will not be taken forward in the interests of reducing burdens, regulator says.
ICAEW: King’s Speech audit reform omission “very disappointing”
  • Article
  • 07 Nov 2023
The absence of primary legislation for proposed audit reforms increases the risk of reduced capacity to respond to the next Carillion, ICAEW warns.
Government withdraws draft corporate reporting regulations
  • Article
  • 18 Oct 2023
Decision to abandon new rules for large UK listed and private companies signals an end to UK audit and corporate governance reform initiated after the demise of Carillion, ICAEW warns.
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Internal audit

Access the latest thinking on internal audit from ICAEW and others across the finance and auditing sector, as well as useful links to international internal audit standards and best-practice guidance.

Climate change hazards in supply chains ‘should be priority’
  • Article
  • 27 Nov 2023
As COP28 approaches, a new report from the Chartered Institute of Internal Auditors urges business leaders and boards to focus on ESG risks within their supply chains.
Exclusive Lessons from internal audit how charity trustees can gain assurance
  • Article
  • 21 Nov 2023
Internal audit for charities and how to apply internal audit concepts with limited resources.
Internal auditors can help boards tackle ‘poly-crisis’
  • Article
  • 17 Oct 2023
Perfect storm of interlocking risks piles pressure on corporates to ramp up resilience – and internal auditors are key to making that happen, says report.
Local government needs good internal auditors
  • Article
  • 11 Sep 2023
Parish, village and town councils urgently need internal auditors to ensure they are held accountable, transparent and independently verified.
Journals and magazines on auditing
  • Listing
  • 16 Aug 2023
A selection of print and electronic periodicals on audit and assurance, including a number of online titles which are available only to logged-in members and students.
Boards urged to collaborate with internal audit as interest rates rise
  • Article
  • 05 Jul 2023
The risk level posed by economic uncertainty is seen as high or very high by more than half of all businesses.
More

Professional judgement

Exclusive Using experts when auditing specialist areas
  • Article
  • 17 Nov 2023
Using an internal or external expert on an audit? Peter Herbert and Rhodri Whitlock share some key considerations, highlight do’s and don’ts, and suggest a framework for well-reasoned documentation.
Exclusive Scepticism and judgement: overcoming impediments
  • Article
  • 07 Jul 2023
Identifying and addressing barriers to the exercise of professional scepticism and judgement can enhance audit quality. Simon Kettlewell shares his tips.
Exclusive Intuitive judgements and how to improve them
  • Article
  • 07 Jul 2023
Tips from auditors and regulators on understanding, managing and mitigating biases that may hinder objective reasoning.
New ICAEW hub aims to provide clarity on good professional judgement
  • Article
  • 09 May 2023
ICAEW’s professional judgement hub brings together resources to help members improve their application of professional judgement.
More

Quality management

Resources to help prepare for new quality management standards ISQM 1, ISQM 2 and ISA 220 (Revised).

Top 5 take-aways from ICAEW ISQM 1 conference
  • Article
  • 29 Nov 2023
ICAEW were delighted to host the ISQM 1 - Maintaining Momentum conference in Chartered Accountants Hall on 21 November 2024 and would like to take this opportunity to thank all panellists and attendees for making the event a success.
One year on from ISQM 1
  • Article
  • 29 Nov 2023
Experience from audit monitoring reviews in 2023 shows that most audit firms have made great efforts in the implementation of ISQM1. All firms realise that their policies and procedures will develop over time, and it is now the cycle of monitoring, remediation and evaluation of the system of quality management, at least annually, that will be key to ongoing success.
In case you missed it the best of 2023
  • Article
  • 27 Nov 2023
As 2023 draws to a close, we highlight some of the key guidance and resources from the Faculty over the past year.
Exclusive Stay positive under pressure
  • Article
  • 17 Nov 2023
Planning and preparation are key when it comes to surviving any audit busy season.
Exclusive Using experts when auditing specialist areas
  • Article
  • 17 Nov 2023
Using an internal or external expert on an audit? Peter Herbert and Rhodri Whitlock share some key considerations, highlight do’s and don’ts, and suggest a framework for well-reasoned documentation.
Large firm audits achieve ‘best performance’
  • Article
  • 16 Nov 2023
The latest Audit Monitoring Report shows improvements at the largest seven firms, though audits across the board showed a slight dip in quality.
More

Risk assessment

In case you missed it the best of 2023
  • Article
  • 27 Nov 2023
As 2023 draws to a close, we highlight some of the key guidance and resources from the Faculty over the past year.
Exclusive Auditing accounting estimates – topical risks and reminders
  • Article
  • 17 Nov 2023
Fast-changing economic conditions make key requirements in ISA 540 particularly important. Andrew Paul offers some timely reminders and practical tips.
Exclusive Using experts when auditing specialist areas
  • Article
  • 17 Nov 2023
Using an internal or external expert on an audit? Peter Herbert and Rhodri Whitlock share some key considerations, highlight do’s and don’ts, and suggest a framework for well-reasoned documentation.
Exclusive Identifying and addressing risks of material misstatement
  • Article
  • 08 Sep 2023
Andrew Paul considers key elements of the revised ISA (UK) 315 and how they relate to the fast-changing business landscape.
Technical news in brief December 2022
  • Article
  • 21 Jun 2023
ICAEW's Audit and Assurance Faculty brings you the latest technical updates on developments in auditing and assurance, financial reporting and ethics.
Exclusive Faculty news: May 2023
  • Helpsheets and support
  • 12 May 2023
Stay on top of recent Audit and Assurance Faculty developments, as well as recent and upcoming faculty webinars and other important events for your diary.
More

Standards and guidance

 
Top 5 take-aways from ICAEW ISQM 1 conference
  • Article
  • 29 Nov 2023
ICAEW were delighted to host the ISQM 1 - Maintaining Momentum conference in Chartered Accountants Hall on 21 November 2024 and would like to take this opportunity to thank all panellists and attendees for making the event a success.
One year on from ISQM 1
  • Article
  • 29 Nov 2023
Experience from audit monitoring reviews in 2023 shows that most audit firms have made great efforts in the implementation of ISQM1. All firms realise that their policies and procedures will develop over time, and it is now the cycle of monitoring, remediation and evaluation of the system of quality management, at least annually, that will be key to ongoing success.
Exclusive Technical news in brief
  • Article
  • 27 Nov 2023
ICAEW's Audit and Assurance Faculty brings you the latest technical updates on developments in auditing and assurance, financial reporting and ethics.
In case you missed it the best of 2023
  • Article
  • 27 Nov 2023
As 2023 draws to a close, we highlight some of the key guidance and resources from the Faculty over the past year.
Exclusive Auditing and reporting updates: November 2023
  • Helpsheets and support
  • 17 Nov 2023
Stay on top of recent Audit and Assurance Faculty developments, as well as recent and upcoming faculty webinars and other important events for your diary.
Exclusive Q&A: November 2023
  • Helpsheets and support
  • 17 Nov 2023
ICAEW’s Technical Advisory Service offers answers to some topical questions.
More

Webinars

 
Hot topics and tips for 2024 audits
  • Webinar
  • 14 Nov 2023
Join Peter Herbert for this webinar aimed at helping small and medium sized audit firms get ready for the 2023/24 reporting season.
Forensics in audit
  • Webinar
  • 09 Nov 2023
This webinar will help you to better understand the increasing use of forensic auditors and forensic techniques in mainstream audit and the work of forensic specialists more widely.
ISA 600 - what's changing
  • Webinar
  • 29 Jun 2023
This webinar will share some practical insights on how the ISA is changing and how it affects you.
ISA 315 - Intelligent Auditing: Robust Assurance
  • Webinar
  • 17 Apr 2023
This webinar will share some practical insights on how to apply the new ISA.
More

More support

All audit and assurance resources

Access all of the resources provided by ICAEW on audit, assurance and working in the regulated area of audit. This includes the latest on the proposals to restore trust in audit and corporate governance, as well as all of the content created by ICAEW's experts in the Audit and Assurance Faculty.

Audit and assurance resources Audit and assurance faculty resources
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Join the Audit and Assurance Faculty

Stay ahead of the rest with our comprehensive package of essential guidance and technical advice.

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Audit and Beyond

Audit & Beyond provides topical features and opinion pieces on audit and assurance, plus all the latest news and developments.

Read more See the archive
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Audit and assurance courses

Browse the range of ICAEW's CPD courses on audit and assurance, covering accounting estimates, becoming an audit responsible individual and ISAs.

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