Overview:

Independent Reviews have steadily grown in popularity. More and more companies now require that their accountants perform independent reviews instead of audits. Join us as we consider the latest amendments to the review standard (ISRE2400) as well as how CIPC is conducting inspections and compliance reports. 
 
Persons new to independent review engagements will find this course useful to get them started on their journey to become qualified and competent independent reviewers. 
 
Many people are scared of trying something new, and becoming familiar with a new engagement standard can be intimidating. Like with all engagement standards there are always a seeming conflict between the theory and practical application. The seminar seeks to bridge this gap and make the review engagement less intimidating and more accessible. 
 

Topic:    

Independent Review Update
Get to grips with the latest amended review standard and CIPC firm inspections

Content :

• What is an independent review?

• Who can perform an independent review?

• When is an independent review mandatory/voluntary?

• The standard that should be applied and recent amendments.

• US review engagements vs IAASB review engagements - which standard is best for SA accountants?

• CIPC warning and action against accountants that are not complying with the Companies Act requirements for filing reports.

• What the standard requires related to accepting, performing, completing and reporting on the engagement.

• Quality control in a review engagement.

• The differences between compilation, accounting officer, review and audit engagements.

• How to become a licensed independent review provider.

• How to perform reviews for clients with PIS below 100 and PIS between 100 and 350

Click here for a detailed overview of the course content.

Presenter:

Lynette Badenhorst, Managing Director, ProBeta Training

Academic, entrepreneur and accounting practitioner Lynette Badenhorst places a high premium on skills development in her profession, believing it to be essential for staff efficiency and overall organisational performance.  

Lynette’s responsibilities include the development of course material, and different training platforms and she therefore spends numerous hours researching and interpreting new developments in the accounting industry, specifically audit, taxation and legislative updates.

She also writes and publishes a tax guide, after the budget speech, which is revised annually.

Who should attends

Join accountants and auditors just like you that want to update their independent review knowledge or are new to this type of engagement:

• Accountants
• Auditors
• Senior trainees and engagement team members

CPD Rewards and Points

Attendance of the half-day seminar/webinar will accrue 4 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.