Overview 

Independent reviews and financial reporting are essential for corporate governance and financial transparency. For small to medium-sized enterprises (SMEs), an independent review provides a cost-effective alternative to an audit, offering moderate assurance on financial statements while ensuring compliance with accounting frameworks and regulatory standards. This process helps businesses demonstrate financial reliability to stakeholders without the complexity of a full audit. 

Financial reporting, meanwhile, is fundamental to presenting an entity’s financial position and performance accurately. Understanding these processes is key to maintaining compliance, enhancing transparency, and meeting stakeholder expectations. 

Join Lettie Janse van Vuuren CA(SA) on 10 April 2025, from 10h00 to 12h00, as she unpacks the key principles of independent reviews and financial reporting. Gain expert insights, practical guidance and the tools needed to ensure compliance and financial integrity. 

Learning objectives 

Attending this webinar will equip you with the following skills:  

• Understanding the purpose and scope of independent reviews. 

• Differentiating between independent reviews, audits, and compilations. 

• Recognising the responsibilities of management and independent reviewers. 

• Understanding how to apply and comply with ISRE2400. 

• Identifying key regulatory requirements governing independent reviews, including access to essential resources. 

Content 

The webinar will cover the following topics:   

• Companies Act requirements: Section 29. 

  •   Audit vs Independent review 

  •   When is an independent review is required? 

• Who can perform an Independent Review? 

  •  What is meant by the word independent? 

  •  Who is an accounting professional? 

•  The Independent Review Process 

• Reportable irregularity i.r.o. Regulation 29 of the Companies Act 

•  Complying with ISRE 2400’s requirements: 

  •   Effective date 

  •   Ethical requirements 

  •   Professional scepticism and professional judgement within the review engagement 

  •   Engagement Level Quality Management 

  •   Acceptance & continuance of client relationships & review engagements 

  •   Communication with Management and TCWG 

  •   Performing the Engagement - focus on Enquiries & Analytical Review 

  •  Subsequent Events 

  •  Going concern conclusion 

  •  Written representations 

  •  Evaluating evidence obtained from the procedures performed 

  •  Forming the practitioner’s conclusion on the financial statements 

  •  The practitioner’s report 

    •    Appendix 1 – Letter of representation 

    •    Appendix 2 – Illustrative practitioners’ review reports: 7 Illustrative reports for both Modified & Unmodified conclusion 

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, SAICA and SAIPA. 

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

Who should attend? 

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. 

Price 

• 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)  

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: 

• 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. 

Corporate training solutions 

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 corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.  

Contact us   

Have any questions or need any assistance? Contact us today!   

• Online chat through our website.   

• WhatsApp: Start chatting (+27635026114)   

• Phone: 010 593 0466   

• E-mail: ticket@accountingacademy.co.za   

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 corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.  

Contact us   

  Have any questions or need any assistance? Contact us today!   

• Online chat through our website.   

• WhatsApp: Start chatting (+27635026114)   

• Phone: 010 593 0466   

• E-mail: ticket@accountingacademy.co.za