Attending the course and successfully completing the post-assessment, will grant you
3 hour/s verifiable CPD, recognised by the various
professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the
CPD certificate will only be issued once the post-assessment has been completed.
Web Based (Online)
Tristan White
0118861395
gillian@probetatraining.co.za
A property practitioner audit consists of two parts:
- Business records, and
- Trust records.
A trainee will need to understand how to approach the business records audit based on the new ISA 330 (Revised) requirements but also how to audit the trust account for compliance based on the IRBA 2023 trust audit report template which identifies the trust rules / procedures to be carried out.
We will discuss the wider fieldwork / execution phase when auditing the business financial statements and will help trainees visualise how to approach the trust account audit by explaining the trust rules and providing illustrative trust audit procedures.
Discuss the key aspects of the execution / fieldwork phase of the audit of a property practitioner, namely:
- ISA 330 (Revised) required audit response to assessed risks and material / significant classes of transactions account balances and disclosures (SCOTABD)
- How to approach trust account for the compliance audit
- Illustrative procedures for the trust account audit
- Discuss key areas of risk for a property practitioner and how to approach, e.g., legislation affecting revenue recognition
☒Auditors
☒First year SAICA Trainees
☒Second year SAICA trainees
☒Third year SAICA trainees
☒Fourth year SAICA trainees
☒Fifth year SAICA trainees
