ISRE 2400 – Performing an Independent Review.
|CPD Hours:||Attendance at this seminar will secure 3 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
Do you perform independent reviews for your clients? When the Companies Act introduces this concept in May 2011, it opened the door for many professional accountants to provide these services, and it allowed companies to receive assurance without a costly audit. But are you aware of the standards and requirements that must be followed when an independent review is performed? Are you aware of the risks to the professional accountant should this not be performed and documented correctly? Join us on this webinar as we explore ISRE 2400 and the requirements of the Companies Act regarding independent reviews.
• Companies Act requirements o Who can perform an Independent Review o When can you perform an independent review o Should you report to CIPC on any matters • Accepting the engagement and what to consider • The calculation of materiality • Analytical procedures and inquiries to obtain an understanding of the client • When is something “Likely to be misstated” • Procedures to be performed during a review engagement • Finalising the engagement • Reporting requirements
Auditors, Financial accountants, 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