Overview      

On February 24th, the Independent Regulatory Board for Auditors (IRBA) unveiled its latest Audit Quality Indicators (AQIs) Survey Report, signalling a continued commitment to enhancing audit quality. The report underscores the imperative for auditors to adapt their approach to audit planning and strategy in response to the evolving regulatory landscape.   

Against the backdrop of heightened expectations from the IRBA and increased penalties for non-compliance, effective audit planning and strategy have become paramount. These elements are crucial for delivering high-quality audits that not only meet regulatory standards but also bolster public confidence in the auditing profession.   

We invite you to join Lettie Janse van Vuuren CA(SA) on 15 May 2024 from 10:00 a.m. to 12:00 p.m. for the second and final instalment on this important topic.        

Learning objectives   

Attending this webinar will equip you with the following skills:  

• Grasp the role of risk within the audit process.  

• Recognise the significance of engaging with essential stakeholders.  

• Explore creative approaches to formulate and implement audit procedures that enhance quality and efficiency.  

• Understand how to assess and review the performance of audit strategies.  

• Possess the knowledge of how to integrate risk assessment seamlessly into audit planning and strategic development.  

 Content   

The webinar will cover the following topics:  

• Risk Assessment in Audit Planning: 

  • Understanding the concept of risk in auditing. 

  • Techniques for assessing and evaluating audit risks. 

  • Incorporating risk assessment into the audit plan and strategy. 

• Communication and Coordination: 

  • Importance of communication with key stakeholders. 

  • Coordination with management and other audit team members. 

  • Ensuring alignment of audit plans with organizational objectives. 

• Adapting Audit Plans and Strategies: 

  • Monitoring and evaluating the effectiveness of audit plans. 

  • Responding to changes in circumstances or audit objectives. 

  • Flexibility in adjusting audit approaches as necessary. 

• Case Studies and Practical Examples: 

  • Real-world examples illustrating effective audit planning and strategy. 

  • Discussion of challenges and best practices in audit planning and strategy implementation. 

• Summary and Conclusion: 

  • Recap of key concepts covered in the module. 

  • Importance of effective audit planning and strategy in ensuring audit quality and efficiency. 

  • Final thoughts on the role of audit planning and strategy in the broader context of auditing. 

Obtaining your CPD certificate  

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA.  

All attendees are issued with a CPD certificate available in an online profile.  

About the presenter  

Lettie Janse van Vuuren CA(SA),  RA  

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style.  She has a unique ability to communicate with delegates at their respective levels of knowledge and experience.  Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.    

She is responsible for researching, compiling and presenting our MCLU (Monthly Compliance and Legislation Updates). She was the Professional Development Manager at SAICA for 4 years and in charge of accrediting new training offices and monitoring existing ones (including the moderation of training offices and trainee assessments).   

 Who should attend?  

  The following persons will benefit from attending this webinar:  

• Registered auditors. 

• Practising accountants including: CA(SA) and AGA(SA).  

• Independent reviewers.  

• Practice managers.  

• Trainee accountants.   

 Price               

• R450.00 - Online admission - Individual.  

• Group Price 1 - From R184 per person (up to 5 users)  

• Group Price 2 - From R121 per person (up to 10 users)  

• Group Price 3 - From R109 per person (over 11 users)  

Steps to register for the event:   

If you already have a profile, login and register for the webinar.  

If you don’t have a profile, create a free profile then login and register for the webinar.  

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).  

Click here to find out about the Technical Resource Centre & CPD Subscription options.  

Additional material  

  By attending this webinar you will be provided with:  

• A summarised slide presentation.  

• Reference documents and/or course material where available.  

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.  

Corporate training solutions  

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.  

Contact us  

  Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: [email protected]