Overview     

The International Auditing and Assurance Standards Board's (IAASB) International Standards on Auditing (ISA) never remain static as they are being continually changed or replaced for continuous audit quality improvement. Also continually evolving is the International Standard on Quality Management (ISQM).  

It is important that auditors and accountants keep abreast of these changes so that they meet the profession's high demands. Some of these changes include:  

• ISA 220 (Revised) - Quality Management for an Audit of Financial Statements. Effective for periods beginning on or after 15 December 2022, this Standard deals with quality management of audit engagements. 

• ISQM 2 - Engagement Quality Reviews. This applies to audits, reviews, and other assurance and related service engagements effective for periods beginning on or after 15 December 2022.  

• ISA 315 - Identifying and Assessing the Risks of Material Misstatement. This Standard is effective for audits of financial statements for periods beginning on or after 15 December 2021. 

While the above are effective this year, there are also Standards that are effective after 2022, have been approved by the IAASB and are still going through due processes. ESG assurance is also featuring on the IAASB's current Work Plan.  We invite you to join Nestene Botha CA(SA) on 21 September 2022 from 9:00 a.m. to 1:00 p.m. as she gives you an overview of new, updated and revised auditing Standards and related Codes and resources.  

Learning objectives   

   By attending this webinar you will develop the following competencies:  

• A high level understanding of the various auditing Standards and related resources that are new, or have been updated or revised. 

• Know technical areas to look out for with regards to new Standards becoming effective in the upcoming annum. 

• Have a general summarised understanding of the substance of the changes in auditing Standards and related resources. 

• Have full awareness of all projects that are in progress and proposed projects that inform you of future developments to be expected in the auditing industry. 

• Improve the quality of your assurance engagements through access to links to new, amended and revised Standards and resources that can be used for internal training purposes. 

Content   

   The webinar will cover the following topics:  

• Auditing Standards: 

  • New ones released. 

  • Amendments effective now. 

• Updated Illustrative Reports. 

• Amendments to Ethics Codes. 

• New and updated Guides 

• IAASB Projects: 

  • Currently in progress. 

  • Proposed. 

• New Extra Resources 

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, SAIBA, SAICA and SAIPA. 

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

About the presenter  

Nestene Botha CA(SA) 

Nestene Botha completed her B.com (Hons) at North West University in 2012. In 2014 she completed her professional articles and her Masters Degree in Chartered Accountancy. She then registered with SAICA as a Chartered Accountant in 2015. 

Nestene has lectured on the audit programme at the University of Cape Town. She started her own audit, tax & accounting practice which she has since grown into a reputable firm in the Tableview area with 60 clients and two staff members. 

Who should attend?   

   The following persons will benefit from attending this webinar:    

• Professional accountants including: CA(SA), Professional Accountats (SA), BAP(SA), and FCCA. 

• Registered auditors. 

• Trainee accountants. 

Price                 

• R 575.00 - Online admission - Individual. 

• Group Price 1    - R950 (maximum of 5 attendees) 

• Group Price 2    - R1 850 (maximum of 10 attendees) 

• Group Price 3    - R2 650 (maximum of 15 attendees) 

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:  

• Summarised slide presentation;  

• Detailed course material; 

• Source documents for reference/resource library; and   

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