SAAPS 3 Illustrative Audit and Review Reports 2025

Price:
R402.50 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Tristan David-Crewe White
Duration:
60 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


An introduction to the 3rd South African Auditing Practice Statements or better known as SAAPS 3.

This session provides an overview of the local guidance that has been put together by IRBA in respect of an audit or review engagement on a set of annual financial statements, specifically in the form of illustrative audit or review reports to assist in finalising the audit or review report.

Content

We will identify, discuss and simplify each of the illustrative audit reports included in SAAPS 3, highlighting any updates:

  • In total, 31 illustrative reports will be covered relating to
    • Audit engagements
    • Review engagements
    • Key differences between examples will be pointed out and the wording variations in respective reports
    • Updates will be discussed and illustrative reports affected thereby will be pointed out

Objectives

We look to bring to your attention what assistance is out there when performing an audit or review engagement in the South African context, as set out in the SAAPS.

We want to empower you in knowing when to consider using the SAAPS as this could prove pivotal in ensuring an efficient and accurate engagement.

Keep you on top of any updates issued by IRBA from time to time.