Available Course
Responding to NOCLAR Responsibility of the auditor
>> Click here to book this training as an In-House course <<
| Duration: | 2 Hours |
| CPD Hours: | Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc) |
| Course Facilitator: |
Jeanmari Van Der Schyff
T: 0118861395 E: nerissa@probetatraining.co.za |
| Back | |
Where there are rules, they will be broken. This is a universal truth, but while some rules were made to be broken, others are created to protect the best interest of all relevant parties.
Do you often identify non-compliance with laws and regulations from your tax or accounting clients? What about in the company where you are employed? Are you aware that you must respond to these non-compliances as a professional accountant that must adhere to the Professional Code of Conduct?
In this lesson, we unpack the responsibility in terms of the NOCLAR section in the code of conduct for Professional accountants.
The following will be covered during this lesson:
• What are the reasons for, and why is it necessary to respond to NOCLAR?
• What is a NOCLAR?
• Who needs to comply with this section in the code?
• Types of laws and regulations and exclusions of the scope
• What does it mean for non-compliance to become known?
• What should be done when non-compliance is identified or becomes
known?
o Senior Professional Accountants in business
o Other Professional Accountants in business
o Professional Accountants in public practice who provides services other
than audits
• What does it mean to obtain an understanding of the matter?
• Who should you discuss the matter with and what should be discussed?
• When should you take further action and what should these further
actions be?
• Should the matter be disclosed to an authorized body?
• When are you prohibited from disclosure?
• What needs to be documented