Application of International Standard on Related Services (ISRS)4400 (Revised) Agreed Upon Procedure

Price:
R506.46 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Accounting
Lecturer:
Nestene Botha
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Join us for an insightful 2-hour webinar titled "Application of International Standard on Related Services (ISRS) 4400 (Revised) - Agreed-Upon Procedures Engagements" designed for South African accountants seeking to enhance their knowledge and skills in this critical area.

This comprehensive webinar will explore the revised ISRS 4400 standard and its practical implications for agreed-upon procedures engagements. Through a combination of presentations, discussions, and examples, participants will gain a deep understanding of the roles and responsibilities of various parties, engagement establishment, performance, reporting, and ethical considerations under the revised standard.

This webinar will equip attendees with the necessary tools and knowledge to effectively apply the revised ISRS 4400 in their professional practice.

This session will cover the following:

  1. Introduction
  2. Overview of the webinar
  3. Importance of ISRS 4400 (Revised) for South African accountants
  4. Understanding ISRS 4400 (Revised)
  5. Background and purpose of ISRS 4400 (Revised)
  6. Key differences between the original ISRS 4400 and the revised version
  7. Scope of agreed-upon procedures engagements under ISRS 4400 (Revised)
  8. Roles and Responsibilities
  9. The role of the practitioner in agreed-upon procedures engagements
  10. The role of the engaging party
  11. The role of the responsible party
  12. Establishing and Agreeing on the Engagement
  13. Preconditions for an agreed-upon procedures engagement
  14. Engagement acceptance considerations
  15. Formulating the agreed-upon procedures
  16. Engagement letters and their key components
  17. Performing the Engagement
  18. Planning and executing the agreed-upon procedures
  19. Professional skepticism and judgment
  20. Dealing with unforeseen circumstances and deviations
  21. Documentation requirements
  22. Reporting on the Engagement
  23. Key elements of the agreed-upon procedures report
  24. Report structure and format
  25. Restrictions on the use and distribution of the report
  26. Ethical and Quality Control Considerations
  27. Ethical requirements under the revised standard
  28. Quality control procedures for agreed-upon procedures engagements
  29. Independence and objectivity considerations