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

Price:
R292.10 (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