Auditing Standards 8: Execution – Group / Component Audits

In-house course

2.00
Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Tristan White   0118861395   gillian@probetatraining.co.za

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