Price:
R379.50 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Yvonne Rossouw
Duration:
105 Minutes
Additionals:
R379.50 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Yvonne Rossouw
Duration:
105 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Overview:
The global pandemic that is COVID 19 has had far reaching consequences on us all, whether in our personal or professional capacity. The auditing profession has felt the impact harder than others. Not only do we need to change the way we perform our services, we also have to take into account the effect of the pandemic on our clients and the resulting effect on risk assessment and audit procedures to be performed.
Join us in this session as we unpack the impact of COVID 19 on our audit files and the way we perform the audit.
Course Content:
• Professional Judgment and Professional Skepticism
• Planning‒Risk Identification and Assessment
– Understanding the Entity and its Environment
– Materiality
– Controls
– Fraud
• Audit Evidence
– Inventory
– Group Audits
– Documentation
• Auditing Accounting Estimates
• Going Concern
– Management’s Responsibilities
– Auditor’s Responsibilities
– Reporting
• Auditor Reporting
– Modifications to the Auditor’s Opinion
– Material Uncertainty Relating to Going Concern
– Emphasis of Matter Paragraphs
– Key Audit Matters (KAMs)
• Subsequent Events
The global pandemic that is COVID 19 has had far reaching consequences on us all, whether in our personal or professional capacity. The auditing profession has felt the impact harder than others. Not only do we need to change the way we perform our services, we also have to take into account the effect of the pandemic on our clients and the resulting effect on risk assessment and audit procedures to be performed.
Join us in this session as we unpack the impact of COVID 19 on our audit files and the way we perform the audit.
Course Content:
• Professional Judgment and Professional Skepticism
• Planning‒Risk Identification and Assessment
– Understanding the Entity and its Environment
– Materiality
– Controls
– Fraud
• Audit Evidence
– Inventory
– Group Audits
– Documentation
• Auditing Accounting Estimates
• Going Concern
– Management’s Responsibilities
– Auditor’s Responsibilities
– Reporting
• Auditor Reporting
– Modifications to the Auditor’s Opinion
– Material Uncertainty Relating to Going Concern
– Emphasis of Matter Paragraphs
– Key Audit Matters (KAMs)
• Subsequent Events