THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Audit Quality Assurance Seminar (Mandatory Training) – Coast Branch
Date: 23rd to 24th February 2023
Time: 09.00am -3.30pm
Venue: City Blue Hotel, Mombasa.
(These are the mandatory trainings for Practicing Certificate consideration)
Overview:
The primary objective of a Quality Assurance Audit is to gather information related to the on-going status of a process and then applying the information gathered to evaluate the performance of the process against defined criteria. When performing an audit, you are reviewing the activities, the records, processes, systems, user experiences, competences, etc., in place and seeing how they compare to expected standards of performance, customer expectations, design expectations, etc…
It is equally critical that the users of the financial statements and annual reports obtain the relevant information to aid in decision making. The audit and assurance procedures which result into the audit report must therefore be reliable and compliant with the International Auditing and Assurance Standards.
In compliance with the International Federation of Accountants (IFAC) Statements of Membership Obligations (SMOs), the Institute undertakes its regulatory mandate and oversight of the audit firms in the Kenyan market to ensure adherence to audit quality requirements by the firms which it regulates. It is against this background that the Institute has organized a two-day Seminar which will focus on Audit Quality Assurance seminar under the following topical areas:
- International Standards on Quality Management-1&2 (ISQM 1&2)
- International Standards on Assurance Engagements (ISAEs)
- Impact of Covid 19 on the Audit Process
- Special considerations Audit -ISA 800 and 805
- Expectations of AQA, AQR and AQM
- ISA 220 – Quality Control for an audit of financial statements
- Performing Risk Assessment Procedures
- Leveraging technology to enhance the quality of audit and assurance engagement.
- Documentation of audit evidence
- Audit Completion, Review and Reporting
- Emerging issues on Ethics, Audit Risk and Reporting
- Responsibility for Audit Quality
- The Quality Assessment tools and techniques.
Target Audience:
This workshop will be useful to all professional Accountants and those aspiring to join the profession.
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and those from reciprocating professional bodies will be awarded 14 Structured CPD Units upon successfully completion of the workshop.
FINANCIAL COMMITMENT:
The workshop charges are Kshs. 10,000. Charges will cater for the workshop fees, learning materials, and e-certificates of attendance.
ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for the workshop is mandatory on https://www.icpak.com/event-registration/Online Booking We call on workshop participants to note that booking is available only online at www.icpak.com and will close one day before the training session. Delegates are reminded to note that online booking for the training is mandatory.
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on, +254 719 074 100, or via email to Ainan Rashid at ainan.rashid@icpak.com with a copy to memberservices@icpak.com.
We encourage members to regularly visit our website https://www.icpak.com for updates.
