Register for all five audit week events:
09/01/23 - Audit Monitoring
10/01/23 - Planning the audit assignment in an efficient and effective manner.
11/01/23 - Auditing fixed assets (tangible and intangible assets), investments, stocks, debtors and bank and cash
12/01/23 - Auditing trade creditors, accruals, bank loans, other liabilities, deferred income, and the profit & loss line items
13/01/23 - Audit completion section including the Responsible Individual file review
Day One - Audit Monitoring
Monday, 9th January 2023, 11:00am to 1:00pm
A presentation by the ACCA audit compliance team. How monitoring is being undertaken Getting ready for your monitoring visit Common issues identified at audit monitoring Common non-audit issues being identified Compliance with IES 8 Preparing a root cause analysis and action plan.
Day Two - Planning the audit assignment in an efficient and effective manner.
Tuesday, 10th January, 11.00 - 13.00 pm
This module delivered by Colm Divilly, will introduce participants to the requirements of International Standards on Auditing 210, 300,315, 320, and 330. Participants will be shown how to meet these requirements in an effective and efficient manner that will allow good audit planning to form the foundation of a quality audit. Example audit papers will illustrate practical application of the guidance provided.
Day Three - Auditing fixed assets (tangible and intangible assets), investments, stocks, debtors and bank and cash
Wednesday, 11th January, 11.00 - 13.00 pm
This seminar delivered by Colm Divilly will introduce participants to the requirements of International Standards on Auditing 210, 300,315, 320, and 330. Participants will be shown how to meet these requirements in an effective and efficient manner that will allow good audit planning to form the foundation of a quality audit. Example audit papers will illustrate practical application of the guidance provided.
Day Four - Auditing trade creditors, accruals, bank loans, other liabilities, deferred income, and the profit & loss line items
Thursday, 12th January, 11.00 - 13.00 pm
By applying a similar learning approach to that in module 2, this module will provide guidance on the design and execution of audit verification procedures that will provide sufficient and appropriate audit evidence in relation to the completeness and accuracy of liabilities and the various profit & Loss account line items.
Day Five - Audit completion section including the Responsible Individual file review
Friday, 13th January, 11.00 - 13.00 pm
In addition to providing guidance to the Responsible Individual on undertaking an effective file review, this module will also address the following audit file areas:
- Going concern.
- Post balance sheet events.
- Analytical procedures.
- Related parties.
- Written Representations.
- Consideration of Laws and Regulations in an Audit of Financial Statements.
- Communication with Those Charged with Governance.
- Evaluation of Misstatements Identified during the Audit. Responsibilities Relating to Fraud in an Audit of Financial Statements.
- Forming an Opinion and Reporting on Financial Statements.
- ISQM 1 & 2.