2023-24 Update: Audit

This course will enable you to

• Stay on top of recent updates to the International Standards on Auditing, and the new International Standards on Quality Management.
• Recognise the ongoing issues with the auditing of going concern assessments, and plan to meet evidence and reporting requirements.
• Understand the complexities involved when auditing revenue, the statement of cash flows, related parties and property revaluations.
• Ensure that the auditor’s report contains the most appropriate audit opinion, and any other required information.

About the course

As auditing becomes more specialised and more responsibility is placed on the auditor, the International Standards on Auditing (ISAs) are going through some changes.

This course examines the latest changes to the ISAs, including the new International Standards on Quality Management, ISQM 1 and ISQM 2.

It also looks at some of the more contentious areas of audit that cause problems for firms, including specific issues with audit evidence highlighted by file reviewers, and how to ensure the auditor’s report and the audit opinion is appropriate.