John O'Donnell & Co Ltd
John is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW). John also is a graduate of London University.
John worked in public practice until 1992 and then joined ICAEW who he worked for from 1992.
Until 2011 he was a Manager in the Quality Assurance Department (QAD) and has been involved in audit and DPB and Practice Assurance visits to firms of all sizes. John transferred in 2011 to the ICAEW Member’s Department Practice Support Services and was ICAEW’s Practice Consultant. That department closed on 31 December 2015.
On 1 January 2016 John commenced practice providing the compliance services noted on this website.
Cold file review
This service constitutes a review of your completed audit file to ensure the quality of your audit work complies with the requirements of the Auditing Standards and relevant disclosure requirements and that you comply with the requirements of the Audit Regulations
You may have suffered a potential loss or worry that something unusual has happened which requires an expert to analyse your records. You may wish for a detailed review to take place.
Practice assurance compliance review
This is a review of matters covered by ICAEW’s Practice Assurance Standards.
Ad hoc services
We are able to provide you with ad hoc technical, risk-management and consultancy services. Contact us for more info
Our firm approached John a few years ago when we decided that we needed an independent, external approach to our annual audit cold file review process which had previously been performed internally. Since then, John has also provided us with other compliance reviews, as well as more general advice on an ad hoc basis. John is an absolute pleasure to work with, his reviews are thorough but fair, and he provides stimulating and relevant feedback for our staff. His overall advice has also been invaluable, and we will often use him as a sounding board for technical and regulatory matters. We would absolutely recommend John and are very pleased that we chose to work with him.
John has worked with us for a number of years and we value his technical knowledge and common sense approach to ensuring our quality standard. He is an integral part of our team John has allowed us to ensure compliance and value with our audit function while cost effectively develop our audit systems and procedures to develop quality cost effective audits
John has carried out cold file reviews for us for a number of years now. His annual reports provide practical advice where changes are needed and form the basis of our annual internal audit training days. In addition to his annual visit, he is always there for a valuable second opinion on any technical matters throughout the year if required.
We decided to take our Cold File Review external to the firm, we engaged John O’Donnell to support us in this vital role. John O’Donnell applies to our annual external review process, the required independent professional approach, thereby giving us the robust file reviews required for regulation. However, he retains an experienced practical perspective, which always adds positive improvement to our auditing and our file documentation.
John has worked with our team at Rouse Partners for many years, providing audit compliance reviews, practice assurance, AML procedures and technical assistance. He brings a high level of experience, professionalism and care to each assignment, giving us total confidence in his findings. Highly recommended!
I have been really happy with the service received from John O'Donnell & Co. We started with regular external cold file reviews for ISQC1 and also moved onto hot file reviews for risky/complex audits such as listed plcs and client money audits. The reviews are usually done quickly and to tight deadlines and John will often uncover issues that need further work or clarification. Some audits had contentious issues and John's advice helped me a lot to find a way forward and to minimise the risk of giving an inappropriate opinion.
We have been working with John for many years and keep coming back due to the first class service, pragmatic approach and professionalism we have received. The service is second to none and worthy of the highest recommendation.