Attending the course and successfully completing the post-assessment, will grant you
3 hour/s verifiable CPD, recognised by the various
professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the
CPD certificate will only be issued once the post-assessment has been completed.
Web Based (Online)
TRISTAN DAVID-CREWE WHITE
tristan@probetatraining.co.za
Public Schools happen to be part of a unique industry that is governed by legislation. This makes the audit engagement specialised, in that, schools are a not-for-profit organisation that deliver services and are funded by government grants.
Not only the above, but public schools make use of a special accounting framework that most audit trainees would not have been exposed to.
Join us as we look to practically help your trainees understand the application of the ISA auditing requirements as part of the fieldwork phase of a public school financial statement’s audit.
Discuss the key aspects of the execution / fieldwork phase of the audit of a public school’s financial statements, namely:
- ISA 330 (Revised) required audit response to assessed risks and material / significant classes of transactions
account balances and disclosures (SCOTABD)
- Understanding the recognition principles from the National Guideline accounting framework applicable to
to public schools
- How to test expenses, considering approved budgets and legal restrictions from the South African Schools
Act SASA
- How to approach bank accounts / funding / revenue testing
- Laws and regulations testing
- Fraud testing
Auditors
First year SAICA Trainees
Second year SAICA trainees
Third year SAICA trainees
Fourth year SAICA trainees
Fifth year SAICA trainees
