Auditing Standards 7 - Execution - Laws & Regs +Confirmations +Initial Audits +Analytical Procedures

Price:
R584.20 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Tristan David-Crewe White
Duration:
180 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline

Session 7 will focus on:

  • ISA 250: Laws and regulations
  • ISA 505: External confirmations
  • ISA 510: Initial audit engagement
  • ISA 520: Analytical procedures

Concepts that will form part of the session, which form the foundation of execution are:

  • Consideration of laws and regulations
  • Enquiries regarding litigation and claims
  • External confirmations
  • Initial engagements - opening balance considerations
  • Compulsory use of analytical procedures
  • Considering reliability of analytical procedures

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