2025 Update: Audit Methodologies and Technologies
Overview
Auditing has undergone remarkable transformation with the evolution of methodologies and the integration of innovative technologies. In this webinar, technical expert and auditor Lettie Janse van Vuuren CA(SA) will discuss modern audit practices, equipping attendees with the tools and insights needed to navigate today’s complex audit landscape.
Join us for an engaging session that will deepen your understanding of audit objectives, methodologies and the pivotal role of technology in revolutionising audit processes. This webinar is essential for professionals aiming to refine their auditing skills, stay current with industry standards and adopt best practices in planning, communication and strategic execution.
Learning objectives
Attending this webinar will equip you with the following skills:
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Have an Overview of audit objectives
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Know the Different types of audit approaches
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Know the Key Components of and Factors Influencing Audit Planning and Strategy
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Understand the Importance of communication with key stakeholders
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Understand the importance of Technology and its impact on an audit
Content
The webinar will cover the following topics:
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Introduction of basics
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Objective of an audit (including Compliance with the ISAs)
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Different types of audits
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Steps in the audit process
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Different types of audit approaches
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Substantive (analytical review VS tests of detail)
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Tests of Control (with reduced ST)
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Flexibility in adjusting audit approaches as necessary
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Key Components of Audit Planning and Strategy
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Establishing audit objectives.
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Identifying key risks. (including Analytical Review)
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Determining materiality thresholds.
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Developing an audit approach.
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Allocating resources effectively
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Factors Influencing Audit Planning and Strategy Decisions
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Nature and complexity of the audited entity.
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Industry-specific considerations.
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Regulatory requirements.
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Prior audit findings and recommendations
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Importance of communication with key stakeholders
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Technology and the impact on an audit
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Reference to international & local pronouncement relating to Technology
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