Ethics and Quality Control: Avoiding Reputational Risks

Ethics and Quality Control: Avoiding Reputational Risks

Overview:

The recent KPMG/Gupta scandal has highlighted the need to relook at the ethical and quality control standards required from accountants and auditors. Government, SARS, CIPC, and clients are now questioning the value they derive from work performed by accountants and auditors.


Topic:    

Ethics and Quality Control: Avoiding Reputational Risks


Content

Join Nicolaas van Wyk, CEO of SAIBA, as he uses the KPMG/Gupta case study to rediscover what it means to act in the public interest, act ethically and how we can ensure compliance to laws and regulations and avoid reputational risks. Content covered will include:

  • Standards applicable to accountants 
  • Why is quality control necessary?
  • Does the Companies Act require ethical and quality conduct by accountants?
  • When to accept or reject a client
  • Should all files be reviewed by an external partner?
  • What is the cost of applying ISQC1?
  • Differences between large and small firms
  • Roles and responsibilities assigned to staff members
  • Examples of policies and procedures
  • Non-Compliance with Laws and Regulations (NOCLAR) 
  • Reportable Irregularities

Presenter:

 

Nicolaas van Wyk
CEO SAIBA | Board Member, International Association of Financial Executives Institutes (IAFEI) | Board Member SAIT

Nicolaas was instrumental in developing a new competency framework for CFOs together with the UNISA School for Business Leadership. He was part of the organising committee of the 46th CFO World Congress that was hosted in Cape Town, November 2016. He is also the editor of www.accountingweekly.com and www.bandareview.com.

Academic background: BCom Hon, MBA, CBA(SA)

 

 

 


 Who should attend:

  • Accountants in practice 
  • Accounting officers 
  • Independent reviewers
  • Engagement team members

CPD

Attendance of this two-hour webinar will accrue 2 hours’ CPD for members of a relevant professional body such as ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. 

Complete the free online assessment at the end of the event and receive an additional 1 CPD hour.
 

Details


Start Date: Nov 21, 2017
End Date: Nov 21, 2017
Duration: 14:00 - 16:00
Event Type: Webinar
Price from: R399.00


Available venues

Online webinar / recording

Date: Nov 21, 2017

Discounts available

SAIT CPD Subscriber: CPD Package Dependent

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