Standardise your audit engagements and avoid IRBA inspections


Date: Sep 27, 2018 - Sep 27, 2018

CPD hours: 2 Hours

Time: 11:00 - 13:00

Event Type: Webinar

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

Registered Auditors must apply the contents of the latest IRBA Inspections Report in their practice and quality control processes. All attest and assurance staff must stay informed about mistakes made by other practices that have been inspected by IRBA, and take measures to prevent those identified deficiencies within their own practice.

Overview

The IRBA has confirmed that they will focus on specific areas during future inspections. Auditors are encouraged “to study all publications and information on the IRBA website in order to remain up-to-date with all the latest standards (including any application material), the IRBA Code of Professional Conduct and any other regulatory requirements that apply.” 

Staying up-to-date with the contents of the latest IRBA Inspections Report helps practices to become proactive and formulate preventative measures in their own practices.

Join technical expert, Lettie Janse van Vuuren CA(SA), RA(SA) on this webinar as she unpacks IRBA's future focus areas and also helps you to standardise your processes both at firm level and individual engagement level. Lettie will also share with you her "Remedial-Action-Process" that will guide you in performing a root-cause analysis and prepare action plans.


Learning objectives

After attending this webinar you should:

  • Be aware of IRBA's future inspections focus areas. 
  • Be aware of recurring issues identified in the IRBA Inspections Report.
  • Be able to compare own processes with recurring issues.
  • Be able to take preventative measures to avoid recurring pitfalls.
  • Be aware of standardised solutions to comply with IRBA's enhanced focus areas.

Course content 

  • The webinar covers the following topics:
    • IRBA's future focus areas:
    • Focus on risk;
    • Evolving auditing standards;
    • Significant accounting developments;
    • Audit Quality Indicators (AQIs);
    • Acceptance and continuance;
    • Engagement Quality Control Review (EQCR); and
  • Transparency, independence and ethics.
  • Recurring issues identified from IRBA Inspections Report.
  • Comparison of own practice with recurring issues.
  • Remedial action process to assist.
  • Action plans necessary to avoid getting a finding plus possible tools. 

Obtaining your CPD certificate

Attendance of this 2-hour webinar series will accrue 2 CPD hours for members of a relevant professional body such as 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 SAICA, AAT, SAIPA, SAIBA, IAC, CIS and others.

Complete the free online assessment at the end of the event and receive an additional 1 CPD hour.


Who should attend

  • Registered auditors
  • Audit supervisors/managers
  • Audit trainees
  • Personnel responsible for/ involved in quality control
  • Any other personnel involved in/ assisting with an audit and assurance engagement

Price:            

  • R699-00 for your whole firm.
  • R399 for individual attendees.

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Venues & Dates

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