Attending the course and successfully completing the post-assessment, will grant you
2 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.
If you are using Draftworx to perform your audit engagements, then this series is for you! From first time users to those who just need a refresher, these 6 sessions will take you through the audit process within Draftworx RAC and explain how to complete working papers and how the methodology works. We will also tie each working paper to their Auditing Standard to ensure the users understand the requirements.
Session six will focus on the reporting elements during an audit.
• Reporting to management on deficiencies
• Obtaining management rep letter
• Reporting NOCLAR and Reportable Irregularities
• Audit report
• The following documents will be addressed:
o 03.10 Other Information in AFS
o 03.25 Reportable irregularities
o 03.30 Laws and Regulations
o 06.40 Management report template
o 03.35 Key Audit Matters
o 06.45 Management Rep Letter
o 03.05 Final Fraud Impact
o 01.00 Withdrawal from engagement
o 07.00 EQCR
Auditors, First year SAICA Trainees, Second year SAICA trainees, Third year SAICA trainees, Fourth year SAICA trainees, Fifth year SAICA trainees, Audit managers, and Audit partners
