Auditing Standards 8: Execution – Group / Component Audits
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
Group financial statement audits often leave auditors puzzling as to what their responsibilities are. Are you required to audit each component and then the group financial statements as a whole? Audit firms sincerely want to avoid inefficiency through double-auditing, and in order to do that, we are here to help you build a sound basis of understanding relating to ISA 600 Audit of Group Financial Statements.
ISA 600 Group Audits will be simplified relative to the following aspects: • Responsibility • Overall Audit Strategy / Plan • Understanding Group / Components • Consolidation Process • Communication with Component Auditors • Evaluating Sufficiency and Appropriateness of Audit Evidence
☒Financial managers ☒Auditors ☒Audit managers ☒Audit partners ☒Engagement Quality Control Reviewers