1. Seamus Leonard Office of the Comptroller & Auditor General Ireland (OC&AG)

2.  Conference theme  Auditor Client relationship  International Standards on Auditing  Audit engagement  OC&AG initiative

3.  What can “I” do  Conclusion  Contact details

4. Tá mé an- sásta go bhfuil an deis seo a chur i láthair anseo in Iosrael. Ba mhaith liom buíochas a ghabháil lenár gcomhghleacaithe Iosraelach le haghaidh a thabhairt ar an OC & AG a chur i láthair anseo inniu. Tá mé ag súil go mór comhdháil faisnéiseach agus dúshlánach agus aithne a chur comhghleacaithe ó ar fud na cruinne SAI.

5. Conference theme

6. I will explore three facets relating to the theme of the conference and explore how these are changing the dynamic of the auditor client relationship 1. Generation Y born in the 1980’s and 1990’s and how they communicate 2. Generation Y connect with people in new and different ways 3. Generation Y are extremely independent

7. I will examine briefly discuss the following items on the auditor client relationship  History  Methods of interaction  Personal experiences  “Generation Y”

8. What are the main challenges that you see as a member of “Generation Y” on the auditor client relationship What impact can I have as a member of “Generation Y” on the auditor client relationship

9. ISA 260 titled “Communications with those charged with governance” deals with how we communicate with clients  Scope of ISA 260  Potential carry over for “all communications”  ISA 260 and “Generation Y”

10. ISA 265 titled “Communications with those charged with governance” deals with how we communicate with clients  Scope of ISA 265  Potential carry over for “all communications”  ISA 265 and “Generation Y”

11. Formally as performed in the OC&AG  Letter of engagement  Scheduling letter  Management Letter/Other  Public Accounts Committee

12. How can “Generation Y” have an impact on formal audit engagement?

13. On 21 October 2014 the OC&AG published a report on the effectiveness of Audit Committees in state bodies in Ireland – this report is available on www.audgen.gov.iewww.audgen.gov.ie  Background  Reception  Implementation

14.  Adoption  “Generation Y”  Further potential

15.  What role do/can I play in the auditor client relationship  My impact on the audited clients  Audit quality  Audit timeliness

16. Other thoughts on what I can do…

17.  Changing environment for “Generation Y”  Some core principles still apply  No one fits all  Exercising judgement (personal quality)

18. Questions

19. Seamus Leonard Audit Manager Office of the Comptroller & Auditor General 3A Mayor Street Upper Dublin 1 Ireland E: Seamus_Leonard@audgen.irlgov.ieSeamus_Leonard@audgen.irlgov.ie T: +353 1 8638647