Courses

As business moves towards more transparent reporting and more accountable reporting on non-financial information, the auditing profession must adapt to understand and provide assurance over the non-financial information reported by business. Stakeholders are placing increasing importance on reports on non-financial information, such as ESG (Environmental, Social and Governance) reporting which includes sustainability, and extended external reporting.

The IAASB has recently completed a comprehensive revision of the standards applicable to the management of quality in audit and assurance, bringing much needed, comprehensive shifts in the approach to quality management which will require significant changes to systems and to behaviours of professionals in audit.

The standard ISA315(R) has been revised to respond to various challenges experienced by the auditing profession in appropriately identifying and assessing, and therefore responding to, the risk of material misstatement. While the risk-based approach has not changed, there are changes to concepts and steps within the process. These could materially impact the way you have been identifying and assessing risk and could bring significant improvements in quality and audit efficiencies.

The IESBA Code was comprehensively revised and issued in 2018 and the IESBA subsequently continues to embark on projects to strengthen and enhance areas of the code of issue guidance on the application of professional ethics in practice. This annual update covers revisions to the code, additional updates, publications and projects of the IESBA and their practical application for professionals in accounting.

This two-day course provides an overview of the current set of International Standards on Auditing (ISAs), which are produced by the International Auditing and Assurance Standards Board (IAASB) and of upcoming changes in the professional auditing environment.

This five-day course provides a detailed overview of the International Standards on Auditing (ISAs), which are produced by the International Auditing and Assurance Standards Board (IAASB).

This course is taught via a live online classroom over 6 sessions, each of 4 hours’ duration. The auditing profession faces many challenges in response to changing financial and non-financial reporting landscapes, and global corporate governance failures in which auditors are implicated or questioned. This course includes a comprehensive workshop on new and proposed changes to the Auditing Standards and other relevant codes and guidelines issued by the IAASB and the impact of these on the audit process and professional assurance practices.

The IESBA Code was comprehensively revised and issued in 2018 and the IESBA subsequently continues to embark on projects to strengthen and enhance areas of the code of issue guidance on the application of professional ethics in practice. This annual update covers revisions to the code, additional updates, publications and projects of the IESBA and their practical application for professionals in accounting.

The standard ISA315(R) has been revised to respond to various challenges experienced by the auditing profession in appropriately identifying and assessing, and therefore responding to, the risk of material misstatement. While the risk-based approach has not changed, there are changes to concepts and steps within the process. These could materially impact the way you have been identifying and assessing risk and could bring significant improvements in quality and audit efficiencies.

The IAASB has recently completed a comprehensive revision of the standards applicable to the management of quality in audit and assurance, bringing much needed, comprehensive shifts in the approach to quality management which will require significant changes to systems and to behaviours of professionals in audit.

As business moves towards more transparent reporting and more accountable reporting on non-financial information, the auditing profession must adapt to understand and provide assurance over the non-financial information reported by business. Stakeholders are placing increasing importance on reports on non-financial information, such as ESG (Environmental, Social and Governance) reporting which includes sustainability, and extended external reporting.