This webinar provides participants with an in-depth understanding of the importance, requirements, and practical implementation of Engagement Quality Reviews (EQRs) in accordance with ISA 220 and ISQM 2. It focuses on how EQRs contribute to audit quality by offering an objective evaluation of significant judgments and conclusions made during the audit process. The session will address the roles, responsibilities, and documentation required of Engagement Quality Reviewers, and it will also highlight recent IRBA inspection findings and practical implications for assurance practices.
Join Lettie Janse van Vuuren CA(SA) on the 24th of June 2025 from 10am to 12pm as she unpacks the critical principles, compliance requirements, and practical considerations of Engagement Quality Reviews in line with ISA 220 and ISQM 2, with reference to IRBA inspection findings and implications for audit practices.
Attending this webinar will equip you with the following skills:
Understand the definition, importance and key characteristics of Engagement Quality Reviews;
Be aware of the requirements of ISQM 2 and the relationship to and impact of ISA 220;
Understand the documentary requirements regarding Engagement Quality Reviews; and
Be aware of the latest IRBA Public Inspection findings regarding Engagement Quality Review;
Be aware of practical implications of Engagement Quality Reviews.
The webinar will cover the following topics:
Introduction:
Importance of performing Engagement Quality Reviews
Definition
Key characteristics of Engagement Quality Reviews
The requirements of EQRs as per ISQM2:
The firm’s system of quality management & the role of Engagement Quality Reviewers (When an Engagement Quality Review should be performed – as required by ISQM 1)
Appointment and eligibility of Engagement Quality Reviewers
Performance of the Engagement Quality Review
Completion of the Engagement Quality Review
Reference to ISA220
Documentary requirements regarding Engagement Quality Reviews
Who is responsible for the documentation of the Engagement Quality Review?
The Engagement Quality Reviewer: Skills, independence and confidentiality
Results of the Engagement Quality Reviews
Documentation of the Engagement Quality Review
Findings of the IRBA 2024 Public Inspections Report on Engagement Quality Reviews:
Key observations and recurring deficiency
Future focus and recommendations
Reference to IRBA QM Rule 3
Practical implications
Compliance with the firm’s System of Quality Management (as per ISQM 1)
Example documentation
Conclusion.
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.
The following persons will benefit from attending this webinar:
Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA.
Registered auditors.
Independent reviewers.
Trainee accountants.
R 450.00 - Online admission - Individual.
Group Price 1 - From R337 per person (up to 5 users)
Group Price 2 - From R260 per person (up to 10 users)
Group Price 3 - From R224 per person (over 11 users)
If you already have a profile, login and register for the webinar.
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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.
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.
At SA Accounting Academy, we recognise 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 prioritise 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 organisational goals.
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