Public Accountants Body Considers Stiff Penalties for Misconduct

Theme: Adherence to Best Practices in Audit

 Overview

To become a successful auditor, a strong base of knowledge and an understanding of the basic audit skills culminated with adherence to best practices are essential. This workshop themed ‘Adherence to Best Practices in Audit’ is designed for audit staff, new and practising auditors, as well as non-auditors with internal control responsibilities to enable them learn the ins-and-outs of an audit from beginning to end. Through interactive group discussion, and facilitator presentations, delegates will develop a foundation of knowledge that will allow them to prepare properly for and conduct successful audit from the beginning to the end. Essential interpersonal and team building skills will be discussed.

By the end of the training delegates will achieve the following objectives:

• Widen their understanding of an audit conducted in compliance with the International Standards on Auditing
• Perform appropriate audit procedures, including tests of controls and substantive procedures for common financial statements areas
• Record audit work with sufficient clarity and detail and understand how to deal with audit findings and/or errors arising during the course of the audit
• Conduct audit of small to medium-sized engagements
• Understand how to audit complex and riskier areas such as accounting estimates, work of an expert and group audits
• Appreciate the importance of interpersonal and team-building skills in the success of an audit.
• Learn how to apply Innovation in Computer Audit Techniques

Target Audience: Members in practice, staff working in audit firms owned by members, associate members, auditors, preparers of IFRS financial statements, non-auditors with internal control responsibilities, academicians and consultants

Workshop Charges: Kshs. 8,950 and Kshs. 10,950 for ICPAK members and non members respectively. Associate members will pay Kshs. 6,950. Staff from practitioners firms will enjoy the member rate. 14 CPD Hours will be awarded to members in attendance.

The workshop will be held on 11th – 12th February 2016 at Comfy Hotel,  Eldoret.