Quality and Ethical Standards in Audits


Date: Mar 14, 2024 - Mar 14, 2024

CPD hours: 2 Hours

Time: 10:00 - 12:00

Event Type: Webinar

Presenter: Lettie Janse van Vuuren CA(SA)
CA (SA), Registered Auditor

Professional accountants and auditors performing audits, review, and assurance engagements must ensure their firm complies with the International Standard on Quality Management (ISQM 1).

Overview    

Professional accountants and auditors performing audits, review, and assurance engagements must ensure their firm complies with the International Standard on Quality Management (ISQM 1). This international standard strengthens quality management systems of audit / accounting practices and must be followed diligently.  

Non-compliance exposes your firm to the risk of negligence and subsequent liability. This also jeopardizes individual practitioners' professional reputations which negatively impacts their standing with professional as well as regulatory bodies.  

Join Lettie Janse van Vuuren CA(SA) on 14 March 2024, from 10:00 a.m. to 12:00 p.m. for a practical session offering insights into how to ensure compliance with ethical requirements during the implementation and application of quality management standards.   


Learning objectives   

  Attending this webinar will equip you with the following skills:  

  • Possess an understanding of the requirement for firms to have quality management systems. 

  • Have knowledge of the requirements of the IAASB's quality standards namely,  ISQM 1, ISQM 2, and ISA 220. 

  • Recognise the significance of adherence to applicable ethical requirements.  

  • Acquire knowledge of how to apply the necessary ethical requirements both at the individual as well as firm level.  

  • Comprehend the integration of ethics within the quality management standards. 


Content   

  The webinar will cover the following topics:  

  • System of Quality Management. 

    • ISQM 1, ISQM 2, ISA 220 

  • Relevant Ethical Requirements. 

    • Fundamental principles (identifying and addressing threats). 

    • Professional judgment. 

    • Professional skepticism. 

    • Quality Control Reviewer. 

    • Code of Conduct. 

  • Recent changes and revisions. 

    •  Definitions of Listed Entity and Public Interest Entity. 

    •  Definition of Engagement Team and Group Audits. 

    •  Fee-related provisions. 

    •  Non-Assurance services. 

  •  Role and mindset of professional accountants. 


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.  


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:  

  • Practising accountants including: CA(SA) and AGA(SA).  

  • Registered auditors. 

  • Independent reviewers.  

  • Practice managers.  

  • Trainee accountants.  


Price              

  • R450.00 - Online admission - Individual.  

  • Group Price 1 - From R184 per person (up to 5 users)  

  • Group Price 2 - From R121 per person (up to 10 users)  

  • Group Price 3 - From R109 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 the Accounting Academy, we recognize 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 prioritize 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 [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.  


 Contact us  

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

Save this event to your Google or Outlook calendar.


Venues & Dates

The following venues and dates are available for this event.


Discounts available

The following discounts are available for this event

Discount Promo Code: Access to the webinar / recording

I'm ready to join, please contact me

Need Help ?

Explore Smarty