Accountants, Accounting Officers, and Independent Reviewers prepare working papers when they perform a compilation, agreed-upon-procedure, or review engagement.
These engagements are either required by a statute or the engagements can also be performed as a voluntary engagement for smaller Companies, Close Corporations, Trusts, Schools, Partnerships and Sole Proprietors.
Join Jako Liebenberg CA(SA), as he provides an overview and practical application of the framework and standards applicable to each engagement type:
ISRS 4410 for assisting clients to prepare financial statements (compilation)
ISRS 4400 for issuing an accounting officer report on the financial statements (agreed-upon-procedure).
ISRE 2400 for issuing an independent review report for qualifying companies or review report for other entities.
By the end of this event the participant should:
Understand the difference between the various engagement standards
Understand the common law, contract law and statutory law obligations when performing an engagement.
Understand independence as it relates to each type of engagement and other ethical considerations.
Be able to accept, perform and complete the different type of engagements.
The webinar will cover the following topics:
Independent Review vs Audit vs Agreed-upon-procedure vs Compilation.
Who can perform the different types of engagements
Who regulates the different types of engagements
Calculating the PIS.
The structure of the standards that should be applied and recent amendments.
What the standard requires related to accepting, performing, completing and reporting under each engagement type.
Common law, contract law, statutory law requirements for each engagement type.
Code of conduct and Quality control requirements.
This webinar qualifies for 4 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies.
Jako Liebenberg
Jako became a Chartered Accountant and Registered Public Auditor in 2001 after completing his training period. Jako’s entire career has been in practice. Jako consults for clients across South Africa on Accounting Standards and Compliance, Broad Based Black Economic Empowerment, Tax and Business Development.
The following persons will benefit from attending the webinar:
Practicing members of SAICA, SAIPA, SAIBA, IAC, ACCA, CIMA
Auditors.
Support staff.
Choose Individual if you would like to attend this event yourself or choose Company if you would like to share this event to with your entire firm.
Or
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By attending this webinar you will be provided with:
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 me the presenter after the webinar