Course Detail(ADT170AF : AMSE Audit Focus: Reviewer’s perspective on Audit of Revenue under FRS 115 and Financial Instruments under FRS 109)

ADT170AF : AMSE Audit Focus: Reviewer’s perspective on Audit of Revenue under FRS 115 and Financial Instruments under FRS 109

7.00 CPE Hours (Category 1, Category 3)
Classroom

Please be informed that in view of the current COVID-19 situation, ISCA will be changing the format of Jun - Sep 2020 courses into Live Webinar.

A detailed set of instructions on the Live Webinar will be sent to you upon each course confirmation.


Introduction
This 1-day course focuses on key considerations of the reviewers (audit partner and director) when reviewing the audit work performed by junior staff members on the audit of revenue under FRS 115 and audit of financial instruments under FRS 109

Programme Objective
To assist audit file reviewers to understand the relevant audit considerations, practical challenges and audit documentation requirements in relation to the audit of the new financial reporting standards, FRS115 and FRS109.

Programme Outline

  • Overview of audit requirements relating to management’s compliance with financial reporting requirements
  • Managing challenges relating to the audit of new financial reporting requirements
  • Understanding audit documentation requirements and addressing common areas of documentation weakness
  • Areas of focus and key considerations from the reviewer’s perspective
  • Evaluate audit findings, audit documentation and appropriateness of audit conclusion

The above outline will be covered separately for FRS115 and FRS109.

Training Methodology
Lecture style, with exercises/case studies

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

An Advanced Programme intended for Practising Accountants and Experienced Audit Professionals

Competency Mapping

Category 1 = 2.00 Hours
Category 3 = 5.00 Hours

Schedule & Fees

Date & Time

20 Nov 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Eric Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

17 Jul 2020 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eric Tan

Date & Time

08 Nov 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eric Tan

Date & Time

23 Aug 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Eric Tan

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Eric Tan

Eric is the founder of his own consultancy firm dedicated to assisting public accountants improve their audit practice. Eric has more than 15 years of experience in public accounting, including 13 years with a Big 4 international accounting firm. During this period, Eric has accumulated extensive experience in financial reporting and assurance advisory, audit of public and private entities, engagement quality control, forensic file reviews, audit and financial reporting training and audit practice related risk management matters.

 
Eric is a regular speaker on audit-related seminars with various professional organisations and a part-time lecturer at the Nanyang Technological University, Nanyang Business School. Eric is currently also the independent technical and quality control adviser/reviewer to various public accountants.

Please be informed that in view of the current COVID-19 situation, ISCA will be changing the format of Jun - Sep 2020 courses into Live Webinar.

A detailed set of instructions on the Live Webinar will be sent to you upon each course confirmation.


Introduction
This 1-day course focuses on key considerations of the reviewers (audit partner and director) when reviewing the audit work performed by junior staff members on the audit of revenue under FRS 115 and audit of financial instruments under FRS 109

Programme Objective
To assist audit file reviewers to understand the relevant audit considerations, practical challenges and audit documentation requirements in relation to the audit of the new financial reporting standards, FRS115 and FRS109.

Programme Outline

  • Overview of audit requirements relating to management’s compliance with financial reporting requirements
  • Managing challenges relating to the audit of new financial reporting requirements
  • Understanding audit documentation requirements and addressing common areas of documentation weakness
  • Areas of focus and key considerations from the reviewer’s perspective
  • Evaluate audit findings, audit documentation and appropriateness of audit conclusion

The above outline will be covered separately for FRS115 and FRS109.

Training Methodology
Lecture style, with exercises/case studies

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

An Advanced Programme intended for Practising Accountants and Experienced Audit Professionals

Competency Mapping

Category 1 = 2.00 Hours
Category 3 = 5.00 Hours

Programme Facilitator(s)

Eric Tan

Eric is the founder of his own consultancy firm dedicated to assisting public accountants improve their audit practice. Eric has more than 15 years of experience in public accounting, including 13 years with a Big 4 international accounting firm. During this period, Eric has accumulated extensive experience in financial reporting and assurance advisory, audit of public and private entities, engagement quality control, forensic file reviews, audit and financial reporting training and audit practice related risk management matters.

 
Eric is a regular speaker on audit-related seminars with various professional organisations and a part-time lecturer at the Nanyang Technological University, Nanyang Business School. Eric is currently also the independent technical and quality control adviser/reviewer to various public accountants.

Upcoming Schedule

Date & Time

20 Nov 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Eric Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709