Audit Quality Assurance Seminar - South Rift Branch

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March 31, 2021 @ 8:00 am - April 1, 2021 @ 5:00 pm

| Ksh 10000

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
 

Audit Quality Assurance Seminar – (South Rift Branch)
Date: 31st March to 1st April 2021
Venue: Sunshine Hotel – Kericho

OVERVIEW

The turbulent events of the global financial crisis have highlighted the critical importance of credible, high-quality financial reporting. They have also demonstrated the importance of considering the role of audit quality in the broader context of quality financial reporting. Achieving quality financial reporting depends on the integrity of each of the links in the financial reporting supply chain.

As one of those links, the external audit plays a major role in supporting the quality of financial reporting around the world, whether in the context of the capital markets, the public sector or the private or non-public sector. It is an important part of the regulatory and supervisory infrastructure, and thus an activity of significant public interest. Audit quality is therefore a matter of high importance for the IAAS

The institute introduced the Audit Quality Assurance Review monitoring programme AQAM in the year 2006, under the Registration and Quality Assurance Committee – RQAC of the council. Main objective of audit quality reviews is to allow a view to be formed on the quality of audit work carried out by firms and helps firms identify and design appropriate remedial actions where necessary. Since inauguration to date a total of 760 Audit firms have been reviewed.  The Institute ensures that its CPD Program also helps the auditors in enhancing their Audit Quality.  Hence Audit Quality Assurance training is mounted. This training provides comprehensive coverage in topical form the essentials of Audit Quality Assurance.

Through this training participant will gain key knowledge on how Covid 19 has impacted audit procedures and gain practical and hand-on training on audit processes including audit documentation, completion and reporting as required by IASs. Further, the participants will learn how on to perform special audit assignments as per ISAs 800 and 805 as well as responsibility for audit quality as highlighted below;

  1. International Standards on Quality Management-1&2 (ISQM 1&2)
  2. Impact of Covid 19 on the Audit Process
  3. Special considerations Audit ISA 800 and 805
  4. Documentation of audit evidence
  5. Audit Completion, Review and Reporting
  6. Responsibility for Audit Quality

Target Audience:

This training is mandatory for all Audit Practitioners as well as staff working in external audit assignments. All members who would wish to practice in the future. Please note that this is one of the mandatory training for practicing certificate consideration.

CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and 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

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 +254 725 385001, +254 719 074 000, (+254) 733 856262 or via email to Patrick Kipkurui at: patrick.kipkurui@icpak.com  with a copy to judith.wambura@icpak.com or memberservices@icpak.com

We encourage members to regularly visit our website https://www.icpak.com for updates.

Details

Start:
March 31, 2021 @ 8:00 am
End:
April 1, 2021 @ 5:00 pm
Cost:
Ksh 10000

Organizer

ICPAK

Other

CPD Hours
14
Associates Member Cost
Ksh 10,000
Full Member Cost
Ksh 10,000
Non Member Cost
Ksh 10,000
Event Type
Seminar
Status
Closed

Venue

Sunshine Hotel
Kericho, Kenya
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About ICPAK

ICPAK is an Institution
mandated to protect and uphold public interest
as well as develop and regulate the accountancy profession in Kenya.

Member Of:

Contact Information:

P.O BOX 59963-00200,
CPA Center, Ruaraka, Thika road.
Nairobi, Kenya.
Telephone Line (Main) : +254 719 074 000
Mobile: +254 719 074 000
Email: icpak@icpak.com

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