Independent Review
Tech Talk with Caryn: Independent Reviews: When, what, be who? - Webinar on demand
CPD Hours: 2
Price: R237.50
Title / Topic
Tech Talk with Caryn: Independent Reviews: When, what, be who? - Webinar on demand
Presenters : Caryn Maitland CA(SA)
Learning objectives
By the end of this event the participant will:
- Understand what an independent review is;
- Understand the requirements of the Companies Act;
- Understand how to determine if a company qualifies for an independent review;
- Know who can perform an independent review; and
- Know how to perform an independent review.
Content
The webinar will cover the following topics:
- Authority to conduct an independent review:
- What is an Independent Review?
- Requirements of the Companies Act.
- Calculation of the Public Interest Score.
- Who can perform and Independent Review?
- Compilation vs Independent Review.
- Pre-Engagement and Planning:
- Pre-conditions and accepting the engagement.
- Engagement letter.
- Ethical requirements.
- Professional scepticism and professional judgement.
- Preliminary analytical review.
- Areas that are likely to be misstated.
- Documentation requirements.
- Performing the review for all financial statement areas:
- Focused enquiries.
- Additional procedures.
- Reconciling financial statements to underlying records.
- Related parties.
- Fraud and non-compliance with laws and regulations.
- Presentation and Disclosure.
- Finalisation and reporting:
- Overall analytical review.
- Evaluation of misstatements.
- Letter of representation and management letter.
- Reporting in terms of regulation 29 (RI).
- Modified/Unmodified conclusion.
