IRBA Ethics and Code of Conduct - Audit and Assurance
|CPD Hours:||Attendance at this seminar will secure 3 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
PLEASE NOTE THAT NO RECORDING WILL BE MADE AVAILABLE FOR THIS COURSE, AS DELEGATES MUST ATTEND IN PERSON TO OBTAIN THE REQUIRED CPD. THIS COURSE DOES NOT ACCOMMODATE FIRM BOOKINGS. Should you have more than 10 individuals that wish to attend from your firm, please contact us to arrange an inhouse option instead. The IRBA CPD policy requires all IRBA members, regardless of whether your status is recorded in the IRBA’s register as assurance or non-assurance, to engage in compulsory CPD activities on ethics of at least 3 hours per year. This course aims to address this CPD need, in providing members with the opportunity to complete the 3 hour activity in the form of an interactive training session on professional ethics and the IRBA Code of Conduct. This course is not part of a series, but is a stand-alone, once-off course. Alternative dates are merely listed to accommodate different schedules - the same course will be presented on all the alternative dates. *DISCLAIMER: THIS COURSE IS NOT INTENDED TO PROVIDE FULL SATISFACTION OF ALL THE IRBA AND SAICA CPD REQUIREMENTS ON ETHICS ACTIVITIES, BUT SERVES AS A METHOD TO ADDRESS DEVELOPMENTAL NEEDS AND SUPPLEMENT CPD ACTIVITIES. MEMBERS ARE STILL RESPONSIBLE TO ENSURE THAT THEY HAVE PERFORMED THE RELEVANT SELF-ASSESSMENTS AND REFLECTION ACTIVITIES REQUIRED IN TERMS OF THE CPD POLICIES OF THESE REGULATORY BODIES. THIS COURSE IS ALSO NOT SUITABLE FOR THE COMPLETION OF THE C9 COMPULSORY ETHICS FOR SAICA TRAINEES - PLEASE REFER TO THE SEPARATE PROGRAMME THAT WE HAVE AVAILABLE FOR THIS ON THE MYSKILLS PORTAL*
The course will address the following: • An overview of the elements of personal and business ethics and how it impacts the auditing professional • All the relevant requirements of the Code of Conduct as set out by both SAICA and IRBA for accounting professionals conducting audit and assurance engagements, including: o An overview of the conceptual framework, and the process of identifying and addressing threats to ethical principles o Specific coverage on threat indicators from the Code and how to address them, including a discussion of the most common areas prone to unethical behaviour in practice o Specific matters regarding independence threats and the response to NOCLAR o This session includes a brief coverage of the considerations for non-assurance services. For a full session on ethics for professionals rendering non-assurance services, please refer to the separate sessions that are available. The registrants of this course will receive a template document for an independence declaration to be used in audit files as an added benefit.
Auditors Audit partners Engagement Quality Control Reviewers Ethics officers