Overview     

The COVID-19 pandemic has given rise to unprecedented challenges for the accounting profession, forcing us to perform different types of activities and services than we are accustomed to and to work in ways that differ from our pre-pandemic environments. 

Whether you are conducting a compilation, independent review or audit engagement, you should determine when there might be a need to use the services of a specialist to assist in performing specific tasks in or as a result of the COVID-19 environment. 

IFAC’s staff published a document to provide guidance to PAIBs (Professional Accountants In Business) and PAPPs (Professional Accountants in Public Practice) in this regard. 

During this webinar we will provide detailed information on this publication, and also highlight the relevant ethical considerations for accountants when thinking about using a specialist. We will identify some circumstances that indicate a need for a specialist during an audit of financial statements. 

Join technical expert Lettie Janse van Vuuren CA(SA) on 28 January 2021 from 10:00 a.m. to 12:00 p.m. as she goes through IFAC's document. 

Learning objectives    

   By the end of this event the attendee will:   

• Be able to evaluate the need for PAIBs and PAPPs, including auditors, to use the services of a specialist, and the work areas to consider. 

• Be aware of risks if one doesn't engage a specialist;  

• Be aware of the relevant ethical considerations for accountants when thinking about using a specialist, and how to avoid violations of ethical standards; and 

• Be able to identify some circumstances that indicate a need for a specialist during an audit of financial statements.  

Content   

   The webinar will cover the following topics:   

• Introduction. 

• How has the COVID-19 pandemic affected your work environment and operations? 

• How to evaluate the need to use the services of a specialist. 

• Work areas to consider. 

• Risks involved if a specialist is not engaged.  

• Ethical considerations and how to avoid violations of ethical standards. 

• What are the circumstances that indicate the need for a specialist during an audit of AFS? 

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  

 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:   

• SAICA training officers. 

• SAICA trainees. 

• Training office administrators.   

  Price         

• R 475.00 - Online admission - Individual.  

• R 950.00 - Online admission - Company.   

  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;  

• Detailed course material; 

• Source documents for reference/resource library; and   

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.