Auditing & Ethics Training Courses

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 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.