Presenter: Lettie Janse van Vuuren
By the end of this event the participant should:
Be aware of the characteristics of a micro entity;
Be able to explain the benefits of performing audits to their small clients.
Have a quick overview of ISAs in relation to small entities.
Understand why micro-entity engagements are a specialty.
Know how to specialise in performing micro-entity engagements.
Know how to perform audits of small entities in a cost-effective manner.
The webinar will cover the following topics:
Anatomy of a 12-hour audit of micro-entities;
Pressure affecting audits of micro-Entities;
Evolution of professional standards;
Is a 12-hour audit feasible?
What do you need to focus on?
Performing the audit of a micro-entity effectively and efficiently;
Definition of a micro-entity;
Objectives of the auditor of a micro-entity;
Requirements and assumptions;
Preconditions for a 12-hour audit of a micro-entity;
Articles on efficiency;
Reference to best practices and tips; and