Bodies Corporate – Auditing and Tax Considerations
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
Body corporates are high risk engagements for auditors, as multiple sets of legislation affect the accounting function and become relevant for audit. Are you including these accounting implications in your scope of audit work and appropriately reporting on the compliance aspect of a body corporate in your audit report?
Identify and clarify the audit requirements of a body corporate, including the compliance audit aspect and what your auditor reporting requirements are. Discuss the phases of the engagement and key things to look out for as part of preparing your working papers, in terms of: - Pre-engagement - Planning - Execution - Finalisation The income tax considerations will be discussed with simple examples to illustrate.
☒Auditors ☒Fourth year SAICA trainees ☒Fifth year SAICA trainees ☒Audit mangers ☒Audit partners ☒Engagement Quality Control Reviewers