What the latest IRBA findings mean for your firm?
The IRBA's annual Public Inspections Report provides more than a list of inspection findings. It highlights recurring themes, emerging risks, and areas where audit firms need to improve.
With the audit profession under constant scrutiny, relying on previous inspection experience or assuming that your firm's existing processes are sufficient can leave you exposed. The findings identified by the IRBA can provide an opportunity to proactively assess your own engagements and quality management processes before similar deficiencies are identified during an inspection.
This course takes you through the key findings and trends from the 2025 IRBA Public Inspections Report, helping you understand what the findings mean in practice and, importantly, what you can do about them.
What you'll be able to do after this course
- Understand the overall results of the 2025 IRBA inspections
- Identify key firm-level themes and emerging trends
- Understand the common deficiencies identified in assurance engagements
- Explore specific topics highlighted by the IRBA
- Assess how the findings may apply to your own firm and engagements
- Understand the remedial action process
- Identify practical steps to strengthen audit quality going forward
Don't wait for your next inspection to find the gaps
Use the latest IRBA findings to look at your own firm through the regulator's lens.
Understand where deficiencies are occurring, identify potential weaknesses in your own processes, and take action before they become inspection findings.
Self-paced. Practical. 2 Hours Verifiable CPD.
First mission video completely free.
$26.00
Elevating the standards of all auditors and those seeking to become auditors by upholding the principles of legislation, regulation, and quality audit management and performance.
Quest Curriculum
- 8 Levels
- Coaching By LEAF
- Community Support
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Level 01 Introduction
Mission(s) included in this level: 1. Welcome & Introduction
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Level 02 Overall Inspection Results
Mission(s) included in this level: 2. Overall Inspection Results
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Level 03 Firm-level themes and Trends
Mission(s) included in this level: 3. Intro, 4. System of Quality, 5. Risk Assessment Process, 6. Components of the SoQM
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Level 04 Assurance Engagement Themes & Trends
Mission(s) included in this level: 7. Intro, 8. Audit Work: FSA, 9. Audit Work Other Audit Field, 10. Financial Statement Present, 11. Planning, 12. Completion, 13. Audit Report
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Level 05 Specific Topics Highlighted In Report
Mission(s) included in this level: 14. Specific Topics Highlighted
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Level 06 Remedial Action Process
Mission(s) included in this level: 15. Remedial Action Process
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Level 07 The Way Forward
Mission(s) included in this level: 16. The Way Forward
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Level 08 Final Quiz
Complete all the levels and pass the final quiz with a minimum of 80% to complete the quest and receive a verifiable LEAF 2-Hour Bronze CPD Certificate.