Overview

Although auditors are not forensic investigators, they have a fundamental responsibility to apply professional scepticism throughout every audit engagement. High-profile corporate failures across the globe have intensified public scrutiny of auditors’ responsibilities relating to fraud, leading to increased expectations from regulators, investors, and other stakeholders.

To address evolving fraud risks, changing public expectations, and increasingly complex business environments, the revised ISA 240 introduces enhanced requirements for identifying, assessing, and responding to fraud risks during an audit.

This practical course provides participants with a comprehensive understanding of the revised standard, including the auditor’s responsibilities, enhanced fraud risk assessment procedures, documentation requirements, and practical implications for audit engagements.

Through practical examples and real-world application, participants will gain the knowledge and confidence needed to effectively implement the revised fraud standard in practice.

What You Will Learn

• The auditor’s responsibilities under ISA 240 (Revised)
• Applying a fraud lens when identifying and assessing audit risks
• Strengthening professional scepticism throughout the audit process
• Understanding the stand-back requirement and its practical application
• Designing stronger audit responses to identified fraud risks
• Enhanced communication and transparency requirements
• Documentation expectations under the revised standard
• Practical implications for audit planning, execution, and reporting

Who Should Attend?

This webinar is designed for:

• External auditors
• Audit managers and partners
• Internal auditors
• Audit trainees and seniors
• Technical audit specialists
• Professionals responsible for audit quality and compliance

Registration and Certification

Participants will receive a verifiable LEAF Certificate of attendance upon completion of the webinar.
Where applicable, this session may qualify for Continuing Professional Development (CPD/CPE) credits (subject to your local professional body requirements).

Registration:

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