Tech Talk with Caryn: Quality Management in Audit and Reviews (Part 2)

WHAT YOU WILL LEARN

By the end of this event the participant should:

• Have a recap of Part 1 of this topic;
• Understand why there’s need for quality control management in assurance engagements;
• Understand the need for risk management;
• Understand how to identify risks of misstatement; and 
• Understand how to assess risks of misstatements. 

DESCRIPTION

With the introduction of the new Quality Control Management Standard (QCM1), we will be following up on the key principles of Governance, Quality Control and Risk Assessment introduced in the first session, to look more specifically at the contents of the Standard and its requirements. ISA 315 Identifying and Assessing Risks of Misstatement is another key standard that has been revised and rewritten which aligns to this discussion. With both the Quality Control Management Standard and ISA 315, this session will:

• introduce the standards,
• summarise the key principles covered in them and
• give delegates a sense of what is required of a practitioner when applying these standards. 

Join SAIBA for the second session of this 2 part series on the new ISQM1. Part 1 provided an overview and introduction to  quality, risk management and the new standard. Part 2 will provide in-depth knowledge to ISQC1.

PRICE

The following pricing apply:
Ad hoc: R475.00
Subscription: Included for free in Accountant in Practice plus Tax, Accountant in Practice, Bookkeepers and Quickupdate packages.

CONTENT

Study unit 1

Overview of quality and risk management

Study unit 2

Quality control management – deep dive

Study unit 3

What is risk assessment?

Study unit 4

Introduction to ISA 315

Study unit 5

Purpose and key principles of ISA 315

Study unit 6

Practical application

REQUIREMENTS

There are no preconditions for this course.
Moderate level.
Recorded webinar made available on a specified date

PRESENTER

Caryn Maitland CA(SA)

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002.

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. 

Caryn has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.