The Revised International Standard on Related Services (ISRS) 4400 was released on 3 April 2020. The purpose of this standard is to provide guidance on Agreed-upon Procedures (AUP) engagements.
AUPs fall within the ambit of immigration accounting - a service that is steadily growing. Immigration accountants perform the important role of issuing certificates required by foreign investors to successfully apply for Business Visas with the Department of Home Affairs.
Maya Nikolova BAP(SA), MTP(SA), B Com Accounting, PG Dip Tax is an expert in this sphere and we have invited her to present a webinar on what is involved in immigration accounting as well as how one can become a licensed immigration accountant.
By the end of this event the participant should:
Understand the requirements of the Immigration Act;
Know the role of qualifying accountants in Business Visa applications;
Understand the requirements of ISRS 4400 (Revised) on AUP engagements;
Understand the Critical Skills Visa and the gig economy in the post COVID-19 world – the South African perspective; and
Know how to become a licensed Immigration Accountant.
The webinar will cover the following topics:
Section 15 and Regulation 14 of the Immigration Act No. 13 of 2002.
ISRS 4400 (Revised) – release date 3 April 2020:
Review of Basis for Conclusions: ISRS 4400 (Revised).
Introduction.
Objectives.
Definitions.
Requirements.
Application and other explanatory material;
Engagement letter for an AUP engagement;
Agreed-Upon Procedures reports;
Code of Conduct and Quality control;
Critical Skills Visa and the gig economy in the post Covid 19 world – the South African perspective;
Other services to provide to Business Visa holders.