Price:
R621.00 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Probeta Training
Duration:
240 Minutes
Additionals:
R621.00 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Probeta Training
Duration:
240 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Where there are rules, they will be broken. This is a universal truth, but while some rules were made to be broken, others are created to protect the best interest of all relevant parties.
This lesson looks at the auditor’s responsibility towards laws and regulations within an audit as well as the response necessary should non-compliance be identified.
This lesson also focuses on the consequences to the auditors if they do not comply with their reporting responsibility
• ISA 250 – Consideration of Laws and Regulations in an Audit of Financial statements.
• Auditors knowledge of laws and regulations
• Different responsibilities towards Laws with direct effect and laws with indirect effect
• Should the auditor identify ALL instances of non-compliance
• Where non-compliance is identified, what is the response
o ISA 250 response
o APA response in terms on reportable irregularities
o Code of conduct response – NOCLAR
• When and how does the auditor need to report the non-compliance
• Practical documentation of these steps
• Compliance with anti-bribery and corruption legislation
• Specific laws and regulations with an effect on the audit
This lesson looks at the auditor’s responsibility towards laws and regulations within an audit as well as the response necessary should non-compliance be identified.
This lesson also focuses on the consequences to the auditors if they do not comply with their reporting responsibility
• ISA 250 – Consideration of Laws and Regulations in an Audit of Financial statements.
• Auditors knowledge of laws and regulations
• Different responsibilities towards Laws with direct effect and laws with indirect effect
• Should the auditor identify ALL instances of non-compliance
• Where non-compliance is identified, what is the response
o ISA 250 response
o APA response in terms on reportable irregularities
o Code of conduct response – NOCLAR
• When and how does the auditor need to report the non-compliance
• Practical documentation of these steps
• Compliance with anti-bribery and corruption legislation
• Specific laws and regulations with an effect on the audit