Price:
R372.03 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Tristan David-Crewe White
Duration:
240 Minutes
Additionals:
R372.03 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Tristan David-Crewe White
Duration:
240 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
ISA 330 has been revised for audit engagements of clients with year ends of December 2022 or later! You will need to comply with these new requirements on your audits.
New concepts to be discussed include Relevant Assertions, material Class of Transactions Account Balance Disclosure COTABD and responses to Significant Classes of Transactions Account Balance Disclosure SCOTABD.
Session 5 will focus on:
o ISA 300: Planning an audit
o ISA 330: Auditors Responses to Assessed Risks
Concepts that will form part of the session, which form the foundation of execution are:
• Involving the partner and team in audit planning
• Developing and revising the audit strategy and plan
• Responses to overall risks
• Tests of control
• Relationship between risk and evidence
• Required substantive tests
• New concepts to be discussed include Relevant Assertions, material Classes of Transactions Account Balance Disclosure COTABD and responses to Significant Classes of Transactions Account Balance Disclosure SCOTABD
Fundamentally the session will focus on execution and the considerations thereto, with the view to:
• Simplifying the relevant standards,
• Highlighting key elements and
• Providing action points
New concepts to be discussed include Relevant Assertions, material Class of Transactions Account Balance Disclosure COTABD and responses to Significant Classes of Transactions Account Balance Disclosure SCOTABD.
Session 5 will focus on:
o ISA 300: Planning an audit
o ISA 330: Auditors Responses to Assessed Risks
Concepts that will form part of the session, which form the foundation of execution are:
• Involving the partner and team in audit planning
• Developing and revising the audit strategy and plan
• Responses to overall risks
• Tests of control
• Relationship between risk and evidence
• Required substantive tests
• New concepts to be discussed include Relevant Assertions, material Classes of Transactions Account Balance Disclosure COTABD and responses to Significant Classes of Transactions Account Balance Disclosure SCOTABD
Fundamentally the session will focus on execution and the considerations thereto, with the view to:
• Simplifying the relevant standards,
• Highlighting key elements and
• Providing action points