Overview 

With the introduction of the new Quality Control Management Standard (QCM1), we will be following up on the key principles of Governance, Quality Control and Risk Assessment introduced in the first session, to look more specifically at the contents of the Standard and its requirements.

ISA 315 Identifying and Assessing Risks of Misstatement is another key standard that has been revised and rewritten which aligns to this discussion. With both the Quality Control Management Standard and ISA 315, this session will introduce the standards, summarise the key principles covered in them and give delegates a sense of what is required of a practitioner when applying these standards.

Join Caryn Maitland CA(SA) on 11 August 2020 from 09:00 a.m. to 11:00 a.m. for this webinar as she gives more detail on quality control management and risk assessment in assurance engagements.

Learning objectives

By the end of this event the participant should:

• Have a recap of Part 1 of this topic;
• Understand why there's need for quality control management in assurance engagements;
• Understand the need for risk management;
• Understand how to identify risks of misstatement; and
• Understand how to assess risks of misstatements.

Content

The webinar will cover the following topics:

• Recap of Part 1.
• Quality control management - deep dive.
• What is risk assessment?
• Introduction to ISA 315.
• Purpose and key principles of ISA 315.
• Practical application.

Obtaining your CPD certificate

This webinar qualifies for 2 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.

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

About the presenter

Caryn Maitland CA(SA)

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA.

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics.

Caryn has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  She is also involved with the annual SAICA SMP Technical tour.

Who should attend

The following persons will benefit from attending this webinar:

• Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA);
• Registered auditors;
• Accounting Officers;
• Audit trainees; and
• Assurance department staff.

Price            

• R 475.00 - Online admission - Individual.
• R 950.00 - Online admission - Company.
• R 0.00 - Paid-up CPD subscribers.

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.
• 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.