Tarina Els
Audit Sampling – Advanced
FeaturedDuration: 1 hours Overview: One of the most common deficiencies identified by audit regulators is the lack of appropriate professional judgment applied. Audit sampling requires significant auditor judgment, and when deficiencies are identified with audit sampling, it creates doubt around the sufficiency and appropriateness of audit evidence obtained. Experience shows that sample sizes used by auditors during detailed substantive testing are often either not risk-based or based on an inappropriate level of risk. It is crucial for auditors to understand how risk assessment performed during planning interacts with the testing performed during the fieldwork stage of the audit. Only when this [...]
R385.00
IRBA Public Inspections Report on Audit Quality 2023
FeaturedOverview: The IRBA, the auditor regulator of South Africa, is considered a leader in audit regulation. The annual IRBA public inspections report provides invaluable insights in determining topical deficiencies and trends. The audit profession is under constant scrutiny, and it is therefore crucial that auditors maintain the highest standards of quality in their engagements. The IRBA issues their public inspections report annually to provide audit firms with insights regarding common themes and deficiencies identified from inspections performed. This information enables auditors to identify deficiencies within their own firms and put the necessary remedial measures in place. This training will give participants [...]
R385.00
Service Organisations
Overview: Many entities outsource services or functions to service organisations, including outsourcing of the payroll or tax compliance functions. Some of the services provided by service organisations may be integral to the entity’s business operations, but not all services provided are relevant to the audit. It is important for the auditor to understand the services provided by service organisations, the controls that the entity have in place over work performed by service organisations, the relevance thereof to the audit and the work effort required in the specific circumstances. This training will give participants a practical understanding of the audit requirements [...]
R385.00
Going Concern
Overview: Management is responsible for performing an assessment of the entity’s ability to continue as a going concern based on the requirements of the applicable accounting framework. The auditor is responsible for evaluating and concluding on the appropriateness of management’s use of the going concern basis of accounting, and determining whether a material uncertainty exists about the entity’s ability to continue as a going concern. Some auditors perform their own detailed assessment, rather than evaluating management’s assessment. Others evaluate management’s assessment, but omit key considerations during their evaluation, or fail to report on deficiencies in the report to management and the [...]
R385.00
Audit Induction Training for Trainees
FeaturedOverview: Providing practical training at the start of trainees’ training contracts sets a solid foundation for their learning journey. This helps trainees with developing the right frame of mind to face challenges in the work environment and make a success of their careers in the auditing profession. Trainees need to be introduced to basic auditing principles and how to apply this in practical situations. This needs to happen within the context of relevant quality control and ethical requirements, and with efficient use of technology. During this interactive training session, we will discuss practical examples and solutions to common auditing challenges. [...]
R2,460.00
Auditing Accounting Estimates Webinar Recording
Welcome to “Auditing Accounting Estimates Webinar Recording” Page! Overview: Auditors frequently encounter accounting estimates made by management during their audits. However, many auditors do not adequately document their consideration of the requirements of ISA 540 (Revised) when auditing accounting estimates. Considering that accounting estimates may indicate an increased risk of fraud when estimation uncertainty or possible management bias is involved, it is critical that auditors document their consideration of the relevant requirements and demonstrate how they applied their professional scepticism when exercising professional judgment in this regard. This training will give participants a practical understanding of key requirements relating [...]
R695.75
Auditing Leases (IFRS 16)
Don’t miss this opportunity to enhance your skills and stay ahead in the ever-evolving landscape of auditing and accounting. Enrol now for a transformative learning experience. Overview: IFRS 16 has been effective for a few years already. However, due to the significant impact of the changes brought in by the accounting standard, auditors and their clients still grapple with the practical implications thereof. Lease agreements must be scrutinised in detail to make a proper assessment of whether they are accounted for correctly. One cannot audit leases and related assets without a proper understanding of the business and relevant accounting framework [...]
R385.00
Body Corporates
FeaturedUnleash your potential with our online training course on Body Corporates! With our real-world examples, and expert guidance, you’ll develop the skills needed to excel in your career. Don’t miss out on this opportunity to advance your career – enrol today! Overview: Performing an audit of a body corporate is always challenging because of the highly regulated environment, while audit efficiency is key to meet tight deadlines and low budgets. Understanding the relevant laws and regulations is the starting point but developing and implementing an efficient methodology for auditing body corporates is equally important to ensuring the quality of each [...]
R495.00
ISA 315 (Revised 2019) Webinar Recording
FeaturedWelcome to “ISA 315 (Revised 2019)” Course Page! Explore the dynamic world of auditing standards with our exclusive course, “ISA 315 (Revised 2019) Webinar Recording.” This course presents a comprehensive understanding of the revised standard that has reshaped risk assessment practices. Originally presented as a live webinar, this course allows you to access the recording, delve into key concepts, and apply them in your professional journey. Watch the webinar, take the quiz, and earn a certificate of completion to showcase your expertise. Stay ahead in the auditing landscape by investing in your growth with this on-demand course. Invest in your [...]
R695.75
Analytical review procedures
Overview: Auditors are required to perform audit work in the most efficient and effective way. The circumstances of a client may sometimes make substantive analytical procedures more efficient than substantive tests of detail. Planning analytical review procedures should not be confused with substantive analytical procedures. Learning how to harness the power of effective and focused analytical review procedures during planning and fieldwork can enhance efficiency and effectiveness. This training will give participants a practical understanding of the different types of analytical review procedures, and how to apply it in practice. Content and outline: To explain the following concepts and discuss [...]
R385.00
IRBA Public Inspections Report 2022
Overview: The IRBA is the audit regulator of South Africa and is regarded as a leader in audit regulation. Their annual inspections report is invaluable in determining topical deficiencies. The audit profession is under constant scrutiny, and it is therefore crucial that auditors maintain the highest standards of quality in their engagements. The IRBA issues their public inspections report annually to provide audit firms with insights regarding common themes and deficiencies identified from inspections performed. This information enables auditors to identify deficiencies within their own firms and put the necessary remedial measures in place. This training will give participants a practical [...]
R385.00
Auditing Accounting Estimates
Unleash your potential with our online training course on Auditing Accounting Estimates! Gain a practical understanding of key requirements from ISA 540 (Revised) and learn how to implement them during the audit to ensure accuracy and minimise risk. With our attention-grabbing visuals, real-world examples, and expert guidance, you’ll develop the skills needed to excel in your career. Don’t miss out on this opportunity to advance your career – enrol today! Overview: Auditors frequently encounter accounting estimates made by management during their audits. However, many auditors do not adequately document their consideration of the requirements of ISA 540 (Revised) when auditing [...]
R385.00