Overview     

With digitisation and protection of information the new buzzwords of the decade, the digital processing of data is increasing on a daily basis. Reeling from the effects of the COVID-19 pandemic, clients and firms are working remotely. This means that client data is being exchanged on technological platforms, some of which are unsecure therefore creating threats of data security breaches. 

Firms that perform audits and reviews of financial statements, and other assurance and related services engagements could be more susceptible to data security threats than other professions as they process valuable financial and non-financial information, confidential data, and personal identifiable data. Data is processed from the preliminary activities up to the expiration of the retention period of the engagement for prospective, current, and previous clients. 

The Independent Regulatory Board for Auditors (IRBA) has issued a Staff Audit Practice Alert 6 on Protection and Retention of Client Data, to provide auditors with guidance and considerations with respect to the protection and retention of client data. Join our technical executive Lettie Janse van Vuuren CA(SA) on 28 October from 10:00 a.m. to 12:00 p.m. as she unpacks this publication in an understandable format.    

Learning objectives    

   By the end of this webinar you will understand:   

• The contents of IRBA's Staff Audit Practice Alert 6 - Protection and Retention of Client Data; 

• How this alert links to various laws, regulations and pronouncements such as POPIA, ISQM 1, and the IRBA Code of Professional Conduct for Registered Auditors; 

• Possible threats to the protection and retention of client data; 

• Possible implications on the audit firm if the confidentiality of client data is compromised; and 

• Developments and improvements of the control environment that can be implemented by an audit firm to protect and retain client data.  

Content   

   The webinar will cover the following topics:   

• Staff Audit Practice Alert 6 - Protection and Retention of Client Data. 

• How does digital processing link to: 

  • POPIA? 

  • ISQM 1? 

  • IRBA Code of Professional Conduct for Registered Auditors (Revised November 2018). 

• Possible threats to the protection and retention of client data; 

• Possible implications of client data breach.  

• How to protect and retain client data.  

• Key considerations when processing client data. 

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, SAIBA, SAICA and SAIPA. 

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

 About the presenter  

Lettie Janse van Vuuren CA(SA), RA  

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style.  She has a unique ability to communicate with delegates at their respective levels of knowledge and experience.  Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.   

She is responsible for researching, compiling and presenting our MCLU (Monthly Compliance and Legislation Updates). She was the Professional Development Manager at SAICA for 4 years and in charge of accrediting new training offices and monitoring existing ones (including the moderation of training offices and trainee assessments).  

Who should attend?   

   The following persons will benefit from attending this webinar:   

• Registered auditors.  

• Professional Accountants including: CA(SA), BAP(SA), AGA(SA) and Professional Accountant (SA). 

• Independent Reviewers.  

Price                 

• R 475.00 - Online admission - Individual.  

• R 950.00 - Online admission - Company.   

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:  

• Summarised slide presentation;  

• Detailed course material; 

• Source documents for reference/resource library; and   

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.