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Fraud: ISA 240 (Revised) Webinar

2026-07-20T12:35:19+02:00

Understanding the revised fraud standard and its impact on audit engagements 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 [...]

Fraud: ISA 240 (Revised) Webinar2026-07-20T12:35:19+02:00

Fraud: ISA 240 (Revised) Webinar

2026-07-20T12:23:48+02:00

Understanding the revised fraud standard and its impact on audit engagements 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 [...]

Fraud: ISA 240 (Revised) Webinar2026-07-20T12:23:48+02:00

Fee-related Disclosures

2026-07-01T18:50:22+02:00

Fee-related disclosures Audit regulators frequently identify audit documentation deficiencies when it comes to fee-related disclosures required by the IESBA Code for audits of public interest entities. Auditors often fail to document their considerations, or to consider whether sufficient fee-related disclosures were included in the financial statements. The IESBA Code para R410.30 requires auditors to discuss the importance of fee-related disclosures with those charged with governance of the public interest entity, and para R410.31 sets out the required fee-related disclosures. If the audit client does not make the relevant disclosure, the audit firm must publicly disclose in their audit report: [...]

Fee-related Disclosures2026-07-01T18:50:22+02:00

Photographic Evidence

2026-04-01T10:31:09+02:00

When an auditor obtains photographic evidence to support audit procedures, the requirements for audit evidence need to be considered, i.e. Sufficient and appropriate Relevant and reliable Accurate and complete Sufficiently precise for purpose It should be kept in mind that evidence is persuasive, rather than conclusive. ISA 200 para 5: ‘As the basis for the auditor’s opinion, ISAs require the auditor to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. Reasonable assurance is a high level of assurance. It is [...]

Photographic Evidence2026-04-01T10:31:09+02:00

Property Practitioners’ Audits Webinar

2026-04-23T16:09:27+02:00

Practical guidance for auditing in a highly regulated property environment. Overview Auditing property practitioners presents unique challenges due to the highly regulated environment, tight regulatory deadlines, and often limited audit budgets. Under these conditions, auditors must maintain efficiency while still ensuring that all relevant risk areas are properly addressed. In practice, the pressure to complete audits quickly can lead to important considerations being overlooked. One key area often underestimated is the reliance on service organisations, which can significantly impact audit quality if not properly assessed and documented. This webinar provides practical guidance on how to [...]

Property Practitioners’ Audits Webinar2026-04-23T16:09:27+02:00

Property Practitioners’ Audits Webinar

2026-03-24T15:49:28+02:00

Practical guidance for auditing in a highly regulated property environment. Overview Auditing property practitioners presents unique challenges due to the highly regulated environment, tight regulatory deadlines, and often limited audit budgets. Under these conditions, auditors must maintain efficiency while still ensuring that all relevant risk areas are properly addressed. In practice, the pressure to complete audits quickly can lead to important considerations being overlooked. One key area often underestimated is the reliance on service organisations, which can significantly impact audit quality if not properly assessed and documented. This webinar provides practical guidance on how to [...]

Property Practitioners’ Audits Webinar2026-03-24T15:49:28+02:00

Key Audit Issues and Emerging Trends in Financial Reporting Compliance

2026-03-31T16:37:47+02:00

Your Content Goes Here Verification of compliance with the financial reporting framework Auditors frequently make use of disclosure checklists to verify compliance with the requirements of the relevant financial reporting framework. When making use of such checklists, it is very important to document the auditor’s considerations in support of the ‘Yes’, ‘No’ or ‘N/A’ answers provided. If there is no or insufficient support documented, the audit work is not re-performable, which is non-compliant with ISA 230 and makes it very difficult to check whether conclusions documented are correct under the circumstances. Incorrect conclusions regarding compliance with the financial reporting [...]

Key Audit Issues and Emerging Trends in Financial Reporting Compliance2026-03-31T16:37:47+02:00

The Rabbit Hole of Substantive Testing

2025-11-04T13:02:54+02:00

What’s News? Your Content Goes Here For decades now, audit firms, especially small firms, or SMPs, as they are known nowadays, have insisted on the substantive approach, without any regard for controls. This was due to fears of blowing the budget, not knowing how to audit systems, or deciding that they would have to go substantive anyway, when controls prove to be ineffective. The result was that the audit client received less bang for their buck, in that feedback on system weaknesses was shoddy, and risks were not properly identified, as the requirements of ISA315 were interpreted as that [...]

The Rabbit Hole of Substantive Testing2025-11-04T13:02:54+02:00

Taking responsibility for quality on the engagement – Partner or EQR

2025-09-29T18:47:10+02:00

What’s News? Your Content Goes Here With the implementation of quality management systems to comply with ISQM, audit firms are compelled to be aware of threats to the ability of engagement teams to issue appropriate audit reports, and threats to the system of quality management to ensure that the firm as a whole does not issue inappropriate audit reports. When an engagement partner is nervous about a new industry, a very large client, or a complex audit, as examples, this would be seen as a threat. Typically, these threats require immediate attention, and engagement monitoring reviews will address [...]

Taking responsibility for quality on the engagement – Partner or EQR2025-09-29T18:47:10+02:00

Auditor and AI–How the Documentation Fixation will Blow Up in Our Faces

2025-08-26T11:05:22+02:00

What’s News? Your Content Goes Here Auditors are all excited about the advancements in AI, and are scrambling to implement this tool in the enhancement of their procedures on the one hand, while trying to figure out policies to curtail its abuse, and guide its proper use, on the other. In the meantime, they don’t have a clue about where its boundaries are, and what it is capable of. The intention is not to give you the solution to any of these mentioned dilemmas, but to pull you back to two basic audit and audit regulation principles. The [...]

Auditor and AI–How the Documentation Fixation will Blow Up in Our Faces2025-08-26T11:05:22+02:00

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