By the end of this event the participant should:
Understand the difference between the various engagement standards
Understand the common law, contract law and statutory law obligations when performing an engagement.
Understand independence as it relates to each type of engagement and other ethical considerations.
Be able to accept, perform and complete the different type of engagements.
The webinar will cover the following topics:
Independent Review vs Audit vs Agreed-upon-procedure vs Compilation.
Who can perform the different types of engagements
Who regulates the different types of engagements
Calculating the PIS.
The structure of the standards that should be applied and recent amendments.
What the standard requires related to accepting, performing, completing and reporting under each engagement type.
Common law, contract law, statutory law requirements for each engagement type.
Code of conduct and Quality control requirements.
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