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Identifying and assessing risk under ISA 315

July 17, 2020 @ 3:30 pm - 4:30 pm BST

Identifying and assessing risk under ISA 315

The revised standard introduces major changes in approach to risk identification and assessment which then drive a more focused response from auditors to the identified risks. The enhancements will affect all audits and audit firms of all sizes will need to revise their approach to risk assessment.

Join Phil Lenton and Jenny Reed to find out about the key changes in the standard and to help you prepare for implementation.

The webinar will cover:

  • An overview of the key enhancements
  • Practical implementation challenges
  • Specific areas of focus for auditors


Phil Lenton is a director in the audit technical department at Deloitte. Phil is very much involved in the faculty’s work and chairs our Special Reports of Accountants Panel.

Jenny Reed has nearly 25 years’ experience within the profession. Having trained with KPMG, she has worked at a number of mid-tier firms and is a former Technical and Training Partner of Wilkins Kennedy. She has also spent time outside the profession, having been a finance director for two organisations. She is currently the Global Audit Methodology Manager at Baker Tilly International, where her primary responsibility is to update, maintain and improve the network’s audit methodology.