Audit update and insight into monitoring reviews

The regulatory landscape for auditors remains tough with the expectations of ACCA inspectors rightly extremely high. This course will update you on all recent regulatory developments and highlights key tips and traps when performing SME audits. You will also have the opportunity to ask your questions to the ACCA Compliance Team and better understand how to avoid common issues.

Key features

Audit monitoring review process:

- Arranging and undertaking the review

• Preparing a root cause analysis and action plan
• Compliance with ACCA’s CPD requirements and IES8
  

- Common audit issues identified

• Audit planning
• Audit evidence
• Audit completion

- Ethical breaches

- ISQM

• General ISQM1 update
• Monitoring and remediation

Richard Hemmings
Richard has many years’ experience in technical and training roles in both large and medium sized accountancy practices, most recently Macintyre Hudson (MHA) and BDO. Richard is an experienced trainer and file reviewer of audits of varying size and complexity. He looks to add value through working with teams to improve processes and in particular the use of audit software. He also provides training and technical advice to partners and staff of all levels on both auditing and financial reporting, with a specialism in charities.

Waqas Hussain
Waqas Hussain is the Lead Senior Compliance Officer with an extensive background in public practice. Waqas leads the team of Senior Compliance Officers who complete audit monitoring reviews where we will review the firm’s work and identify any deficiencies, and ensure that you are complying with relevant standards, ACCA’s Global Practising Regulations and the Code of Ethics and Conduct.

The webinar handout material will be available on the webinar platform when you log in to view the session.

If you wish to view or download handout materials, before starting the webinar, they will also be available through your document library on https://events.accaglobal.com