Overview

Audits can be very stressful, intimidating and intrusive to most people – but it does not need to be. The key to decreasing the stress and increasing the benefits is preparation, preparation and more preparation!

Familiarising yourself with the audit process can pave the way to a pleasant and productive audit experience. As the accountant, you can work with your auditor during every step of the process to ultimately help improve operations and add value to your organisation.

This webinar will mainly guide you to discover how to prepare for an audit while also saving time and money. You will be briefly led through the concept of a financial audit by defining terms and the different types of audits along the way. You will learn about the purpose of an audit and why it is necessary. We will also discuss how auditors perform audits and learn about themselves.  

Join technical expert Lettie Janse van Vuuren CA(SA), RA on 3 July 2019, as she breaks down the audit process and the accountant’s role in preparing the organisation for a financial audit.  Plus, she will share tips from industry experts and a free checklist to help you jumpstart your preparation!

Learning objectives

By the end of this webinar the participant should be aware of the process to prepare their entity for a financial audit, with regard to:

• The basics of an audit
• The accountant’s role in preparing the organisation for a financial audit
• How to prepare for your audit

Course content

The following topics will be covered in detail during the event:

• The basics of an audit:
  • The purpose of an audit (and why it is necessary)
  • Defining the terms and different types of audits
  • Understanding the steps in the financial audit process
• Accounting staff’s role in preparing the organisation for a financial audit
  • The need and benefits of preparing for an audit
• How to prepare for an audit:
  • Steps to prepare for an efficient and successful audit (including specific documentation that the auditor will need)
  • Reassure your staff about the audit and what the auditor may ask
  • Tips
  • Using a checklist

Obtaining your CPD certificate

Attendance of this 2-hour seminar/webinar series will accrue 2 CPD hours for members of a relevant professional body. The SAAA CPD policy is compliant with the IFAC IES7 and is recognised, amongst others, by SAICA, AAT, SAIPA, SAIBA, ACCA, IAC, CIS, ICBA, LSSA, FPI, the IBA and others.

Who should attend

The following persons will benefit from attending this webinar:

• Accountants in Practice and Business: CA(SA), PA(SA), BAP(SA), ACCA, CIMA, IAC, AGA(SA), CIS, ICBA and others;
• Accounting officers;
• Accounting and other financial support staff (responsible for any financial aspect within your organisation);
• Professional and practice support staff involved in audits, independent reviews, compilations, assurance engagements, accounting and other relevant non-assurance engagements; and
• Registered auditors – who can forward this knowledge to their clients to facilitate “smoother” audits.

Additional material

By attending this webinar, you will be provided with:

• Summarised slide presentation;
• Detailed course material;
• Source documents – which can be kept in your reference/resource library;
• The ability to ask questions during the webinar via the online portal, as well as during the subsequent live Q&A session; and
• Access to the presenter via e-mail, after the webinar.

Price

• R 475.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

Steps to register for the event

1. Click on register.
2. Create a free profile and become a free member
3. Register for the event and check out.

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Find out more about the benefits of being a CPD subscriber and attend this event for free - Click here.