Independent Review
Presenters : Caryn Maitland CA(SA)
Overview
Independent reviewers play a critical role as gatekeepers of financial transparency and compliance with legislation. This webinar offers a clear overview of independent reviews, focusing on conducting engagements in line with assurance standards and legal requirements and emphasising the reviewer’s role in identifying and reporting irregularities.
This refresher session also covers the basics, including which companies need independent reviews, who is qualified to perform them, and how they differ from audits.
Join Caryn Maitland CA(SA) for an informative session that will equip you with the skills needed to conduct effective independent reviews compliant with relevant regulations.
Learning objectives
By attending this webinar you will gain the following competencies:
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Understand the criteria outlined in the Companies Act that determine which types of companies must undergo an independent review.
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Know the qualifications and experience required for practitioners to conduct independent reviews.
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Have knowledge of the step-by-step process of an independent review from pre-engagement and risk analysis all the way through to finalisation and reporting.
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Learn how reportable irregularities are defined under the Companies Act, the obligations for reporting them, and the steps required to fulfil these responsibilities in a compliant manner.
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Compare the key distinctions between independent reviews, audits, and compilation engagements in terms of scope, assurance levels, practitioner responsibility, and reporting requirements.
Content
The webinar will cover the following topics:
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What are independent review engagements?
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Guidance from the Companies Act and related regulations.
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Understanding ISRE 2400 Independent Reviews.
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Qualifications and experience required.
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Step-by-step process.
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Responsibility to report irregularities.
