THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
Essential Issues in Audit: A Practical Approach
Date: 15th – 16th February, 2018
Venue: PrideInn Hotel, Haile Sellasie Rd, Mombasa
The field of audit continues to evolve, as it should, in keeping up with the dynamic business world. The delivery of high calibre audits that inspire the confidence of all stakeholders should be the objective of every auditor. Fundamental to meeting this goal is auditor independence and integrity. However, those qualities are hardly enough to assure end users. Professional competence also has to be demonstrated and this is evident from the International Education Standard 8 on Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (revised).
Another emerging trend in the profession is the increasing employ of technology. Nascent softwares and applications are finding their way into accounting practices and auditors must be keen to keep up with them. In seeking to widen the market, the modern day audit firm has also fashioned non-audit professional services to offer audit clients such as risk advisory and human resource consultancy.
These numerous changes present both challenges and opportunities for practitioners. With this in mind, ICPAK has organized the Essential Issues in Audit Workshop to provide an educative platform that will enable auditors to thrive in the prevailing circumstances.
Topics to be covered:
- The Audit Process
Obtaining Audit Evidence – Relevant Tests with Sample Data
Internal Control Assessment and Risk Profiling
- Practical Implications of Quality Controls
Setting Up Quality Controls in a Practise
Training and Supervision of Staff for Quality Assurance
- ICT in Audit
Auditing Mobile Money and Electronic Transactions – Integration Softwares, Reliability of Security Features
- Developments in Audit
Professional Competence for Engagement Partners Responsible for Audits of Financial Statements
Practice Statements on Materiality Judgments
- The Rise of Professional Advisory services – Is this a growth frontier to be considered?
Associate members, internal & external auditors, accountants, staff working in audit firms, members in practice, aspiring audit practitioners
Kindly note that booking for the Essential Issues in Audit: A Practical Approach is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone based application that is available from google store. Delegates are advised to book early for planning purposes.
Charges for this workshop are as provided below:
Continuous Professional Development (CPD) Units – 14
Members of ICPAK and other reciprocating professional bodies will earn 14 CPD points upon successfully attending the Essential Issues in Audit: A Practical Approach workshop