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
In 2023 the ISA 570 Going Concern standard was proposed to be revised. An exposure draft was issued for public comment ending in August 2023.
Going concern is a subject matter that will be relevant to every single audit engagement and these amendments will impact all auditors of financial statements.
The final revised ISA 570 standard is earmarked for issue at the end of 2024 if not early 2025, and usually becomes mandatory two financial years after issue, though early adoption also usually applies!
Introduce you to the new standard and simplify the requirements, so that you can seriously consider early adoption.
Help you draw parallels and understand differences when compared to the previous version of the standard, in order to know how you are to act differently in your capacity as auditor
Make the requirements as practical as possible by helping you visualise what needs to be done with real world examples where possible.
The following aspects of the ISA 570 Going Concern (Revised 202X) will be identified, simplified and discussed:
• Introduction and scoping, as well as definitions
• Requirements
• Some application material (as may be relevant to practically visualise the requirements)
• Possible effective dates
• Differences from previous version of the standard to this version
