Current Challenges for Auditors - A Workshop

Introduction

With the ever-increasing pressure on auditors to improve both quality and efficiency, coupled with the steady flow of changes to accounting and auditing standards, it's a challenging time to be an auditor.

This practical in-person workshop uses real-life examples to provide a detailed insight into areas where audit quality issues are often identified and focuses on ways to avoid these without compromising on efficiency.

Practical measures to help target the audit team's efforts to the areas of greatest risk and importance will be explored. If you are a partner, manager or staff member in an audit firm looking to explore ways to improve the quality and efficiency of your audits then this course is for you.

What You Will Learn

This course will cover the following areas:

• Independence and safeguards
• Materiality considerations
• Impact of revised auditing standards (ISA 315)
• Accounting estimates
• Issues with sampling and the treatment of misstatements
• Going concern considerations
• Audit reports
• Documentation