Available Course
Draftworx session 3 – Documenting controls
>> Click here to book this training as an In-House course <<
| Duration: | 2.00 |
| CPD Hours: | Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc) |
| Course Facilitator: |
Yvonne Rossouw
T: 0118861395 E: gillian@probetatraining.co.za |
| Back | |
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 three will focus on obtaining an understanding of the entity and specifically documenting internal controls.
• Controls at entity level
• Controls at assertion level
• IT controls
• The following documents will be addressed:
o 12.20 Agenda for discussions with those charged with governance
o 12.40 Entity level controls
o 12.45 General IT controls
o 12.35 Reliance on Internal audit
o System descriptions
o 12.95 Risk identification signoff
o 11.15 Engagement team discussion agenda documentation
o 12.05 Overall audit strategy
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