Available Course

Auditing Standards 8: Finalisation – Auditor’s Report

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Duration: 3.00
CPD Hours: Attendance at this seminar will secure 3 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Tristan White
T:  0118861395
E:  gillian@probetatraining.co.za

ProBeta Training presents a refresher webinar-series on the International Standard on Auditing or ISA to familiarise you with all pertinent elements directly from the standard. The approach to the webinar-series is to split the standards into the relevant phase of the audit, spending several weeks on each phase i.e. • Pre-engagement planning • Execution; and • Finalisation The series will run over 8 weeks, and each weekly-webinar will attempt to: • simplify the relevant standards, • highlight key elements and • provide action points from each standard to ensure that you conduct each audit in accordance with the International Standard on Auditing (ISA). Session 8 will focus on: o ISA 700: Forming an Opinion and Reporting on the Financial Statements o ISA 705: Modifications to the audit opinion o ISA 706: Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report o ISA 710: Comparative Information – Corresponding Figures and Comparative Financial Statements o ISA 720: The Auditor’s Responsibilities Relating to Other Information in Documents Containing Audited Financial Statements

Fundamentally the session will focus on finalisation and the considerations thereto, with the view to: • Simplifying the relevant standards, • Highlighting key elements and • Providing action points

Concepts that will form part of the session, which form the foundation of finalisation are: • Complete, general purpose financial statements • Fair presentation and compliance frameworks • Minimum content in an audit report • Appropriate audit report modification • Effect of management imposed scope limitations • Inappropriate use of emphasis of matter and other matter paragraphs • Compulsory procedures regarding comparative figures • Referring to comparative figures in the audit report • Including other information in financial statements

The following individuals will benefit from attending this course: • Audit trainees • Audit firm owners

Delegates must have their own computers with strong internet connections. All other material and stationery will be provided.