THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
ESSENTIAL ISSUES IN AUDIT: A PRACTICAL APPROACH
DATE: 2nd -3rd February 2017
VENUE: Hilton Hotel, Nairobi
TIME: 8.00am to 5.00pm
THEME:“EQUIPPING AUDITORS WITH ESSENTIAL AUDITING SKILLS TOWARDS MORE RESPONSIVE AUDITS”
Overview
The purpose of an audit is to enhance the degree of confidence of intended users in the financial statements. This is achieved by the expression of an opinion by the auditor on whether the financial statements are prepared in all material respects, in accordance with an applicable financial reporting framework. {ISA 200- Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with International Standards on Auditing}.
Cognizance therefore has to be enhanced on essential issues in auditing i.e. audit planning, execution and audit conclusion & reporting incorporating preparers, those charged with governance and users of the financial statements
In the wake of increased audit failures, ICPAK has organized a two-day workshop to address how auditors, preparers and users of financial statements can better their understanding of the critical issues in auditing. This will be through a selection of well selected topics including regaining public confidence and maintaining public trust by learning the principal activities of the Audit and Assurance
Learning Objectives
The aim of the workshop is to enlighten on the participants’ technical knowledge and professional judgement to identify, explain and evaluate alternatives and to determine the appropriate solutions to compliance issues, giving due consideration to the needs of clients and users. Ethical issues will also be considered in making such judgments.
Topics to be covered:
- Audit Quality Assurance
- Purpose of the Audit & The Audit process
- Statutory Audit Requirements
- Reviewing Audit work
- Ethics and Governance
- Ethical standards and guidance for auditors
- Conflicts of interests and Auditor Independence & Legal Responsibility of Directors and Auditors
- International Standards on Quality Controls- ISQC1
1.0 Target Audience:
Audit & Tax Practitioners, Audit staff, Audit firms’ consultants, aspiring practicing members, audit committee members of public and private entities that require a reasonable knowledge of IFRS and Academicians.
2.0 Online Booking
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 urged to note that the bookings close on 1st February 2017 at 1700 hrs
3.0 Essential Issues in Audit: A Practical Approach Workshop Charges:
The Charges for The Essential Issues in Audit: A Practical Approach Workshop which cover workshop materials, meals, and e-certificates of attendance is as provided under;
| Category | Early Bird Registration
Booked & Paid for before 13th January 2017 |
Normal Registration
Booking & Payments or LPOs / LSOs received after 13th January 2017 |
| Associate Members | 9,950 | 10,950 |
| Members | 13,950 | 14,950 |
| Non Members | 23,950 | 24,950 |
| International Delegates | USDs 450 | USDs 500 |
4.0 Continuous Professional Development 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
5.0 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).
6.0 Sponsorship Opportunities & additional information
The Essential Issues in Audit Workshop attracts over 200 participants drawn from both the public and private sectors presenting a rare chance for exhibitors and sponsors. Those interested in sponsoring the event can reach us through Raphael Nguli on email: raphael.nguli@icpak.com
Further requests for The Essential Issues in Audit Workshop can be channeled to us via telephone calls on +254 733 856 262/ 727 531006 or via email to emma.opiyo@icpak.com . We encourage you to regularly visit our website www.icpak.com for more updates
