This webinar will equip delegates with the up-to-date technical knowledge to avoid the many pitfalls that are often found in certain technical areas, in particular:
- deferred tax
- accounting for tax in general
- financial instruments (recognition and measurement)
- error correction
- advising on the most appropriate financial reporting framework
- dividends and avoiding them being unlawful.
The course will also cover other updates such as the Economic Crime and Corporate Transparency Act and potential increases to the company size thresholds. There will also be a brief update as to developments in the world of IFRSÒ Accounting Standards.
In addition, auditors will benefit from receiving updates on current developments in the ISAs (UK), in particular:
- ISA (UK) 315 Identifying and Assessing the Risks of Material Misstatement.
- ISA (UK) 320 Materiality in Planning and Performing an Audit.
- ISA (UK) 500 Audit Evidence.
- ISA (UK) 510 Initial Audit Engagements – Opening Balances.
- ISA (UK) 600 Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors).
The course will also cover other assurance work to refresh delegates’ knowledge on the types of opinions and conclusions that are expressed when carrying out assurance services.
All delegates will receive a full set of course notes and the slides. There will also be an opportunity to pose questions to the speaker on specific points.
