By the end of this event the participant should:
Understand the difference between an Independent Review and an Audit.
Understand and be able to confidently calculate the PIS.
Be able to establish a system of quality control for reviews.
Be able to accept, perform and complete an independent review engagement
The webinar will cover the following topics:
Independent Review vs Audit vs Compilation
What is an independent review?
Who can perform an independent review?
Who regulates independent reviews?
Calculating the PIS.
PIS threshold.
The standard that should be applied and recent amendments.
What the standard requires related to accepting, performing, completing and reporting on the engagement.
Quality control in a review engagement.