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.
Management override of control is the most common fraud risk on an audit file. Yet many audit files do not have sufficient documented evidence over this risk.
From documenting the controls to identifying related parties, selecting items for testing and performing procedures, it seems as if we are just not doing enough.
Join us as we explore the risk posed by management override of control and look at the procedures that needs to be performed to ensure this risk is mitigated sufficiently.
• Presumed fraud risk if management override of control
• How can management commit fraud through
o Journals
o Related parties
• Identifying related parties and applying professional skepticism
o What constitutes a related party
• Testing related parties and journals
o Identifying the population
o Selecting items for testing
o Procedures to be performed
o Documentation
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
