Overview

This Practice Management webinar session on “The Code of Ethics, Quality Control and NOCLAR” forms part of a series of presentations on practice management for small and medium practices based on IFAC’s Practice Manual for SMP’s. These webinars are aimed at all accounting practitioners and practice owners/ managers who want to improve the running of their practices in order to increase productivity and profitability. 

The accounting and auditing profession is under increased scrutiny by parliament, regulators, professional bodies and the media. It is of great importance that accounting and auditing practitioners follow a code of ethics, adhere to strict quality control in their practices, and are fully aware of NOCLAR.  In this short webinar join Caryn Maitland as she presents on these important aspects of successful practice management. 

Learning objectives 

By the end of this webinar you should understand:

• Ethical standards based on a professional code of conduct.
• Quality control for practices performing audits, reviews of financial statements and other agreed upon procedures.
• NOCLAR - what it is, laws applicable to it and who it applies to.

Content

The webinar will cover the following topics in detail: 

• Ethical standards and considerations in terms of a professional code of conduct.

• New and revised rules adopted by professional bodies.

• The IAASB and quality control.

• Quality control for audits, reviews and other engagements. 

• NOCLAR

  • What are the laws and regulations applicable to it?

  • Who does it apply to?

  • What is it and what are its objectives?

About the presenter

Humphrey Gowar B.Com, PGDA, CA(SA), FInstD  

 Professor Humphrey Gowar is a subject specialist and lecturer in Postgraduate Management programmes for MSA, including Corporate Governance, Ethics, Leadership, Risk, Integrated Reporting and Combined Assurance. He also lectures in the Accountancy Department (Auditing and Ethics). Humphrey is the co-author of an auditing textbook in its 27th edition.  

CPD

0 hour for structured CPD accepted by all relevant Professional Bodies including: SAICA, SAIPA, SAIBA, ACCA, CIMA, ICBA, etc. 

Price

• Free for existing CPD subscribers. Included in your online profile 24/7.  

• Click here to  register for a free subscription package.