Compile and Audit / Review the Same AFS

Firm/Group/Company - R2127.50 (VAT Incl.) Individuals - R598.00 (VAT Incl.)
Firm/Group/Company - R1598.50 (VAT Incl.) Individuals - R448.50 (VAT Incl.)
Mr Tristan White
20 Jun '25
09h00 - 11h00
2
Attending the course and successfully completing the post-assessment, will grant you 2 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

Looking to take on new clients or new engagements (audits/reviews/ compilations) for existing clients?

Are you, in fact, allowed to do the audit/review of the same client for which you compiled the AFS and how long can you serve for, as auditor/reviewer?

Auditors, accountants and professional consultants are often unsure about whether they can offer multiple services to the same client. These matters are referred to as “independence restrictions” and can have major financial benefits if adhered to, or otherwise cause devastating reputational and legal damage, if not.

Legal independence restrictions pertaining to specific industries, e.g. attorneys, companies, body corporates and others
Ethical independence restrictions, e.g. SAICA / IRBA / SAIPA Code of Ethics
Auditor / reviewer and firm rotation restrictions

Auditors, Audit managers, Audit partners, Engagement Quality Control Reviewers, Compliance officers, and Ethics officers