Online Seminar

Audit Engagements - Review of the Standards

OCT 11 - Oct 14, 2022

Online

DATE

OCT 11 - OCT 14

2022

TIME

8:30 AM - 12:30 PM

WHO CAN ATTEND

All

PD HOURS

15 Hours

ETHICS HOURS

0 Hours

STATUS

Registration open until

Oct 06, 2022

EVENT DESCRIPTION

NOTE: This course description has been revised and reflects updates for 2022. If you have any questions, please contact pdevents@cpaontario.ca

SCHEDULE

This course has shifted online into four, half-day sessions.

  • Tuesday, October 11, 2022, 8:30am - 12:30pm
  • Wednesday, October 12, 2022, 8:30am - 12:30pm
  • Thursday, October 13, 2022, 8:30am - 12:30pm
  • Friday, October 14, 2022, 8:30am - 12:30pm

Developed with the needs of professional accountants working in public practice in mind, this seminar provides a solid foundation in the practical application of the Canadian Auditing Standards (CAS) to audit engagements. Participants are given an opportunity to build on their understanding of the standards, with an emphasis on areas identified as common pitfalls in national practice inspection findings.

Using a case study approach, participants practice applying the standards to a set of client-specific facts. The case study is based on the audit of a moderately complex for-profit private company. Participants will also explore the key elements of documenting an engagement working paper file including, planning, engagement execution, and reporting.

Note: This course reviews key CAS requirements that are effective for periods ending on or after December 31, 2022 including revised CAS 315 which is effective for periods beginning on or after December 31, 2021.

CONTENT

Topics covered in this course include:
  • Introduction
  • Audit Quality
  • Communication with Others
  • Audit Documentation
  • Acceptance and Overall Audit Strategy
  • Internal Control
  • Risk Assessment
  • Audit Procedures
  • Conclusion and Reporting
  • Wrap Up
  • KEY TAKEAWAYS

    Upon completing this course, you will be able to:
    • Identify common pitfall areas in audit engagements as noted by national practice inspection findings.
    • Demonstrate the application of key CAS requirements using a set of case study facts.
    • Recognize key items to be documented in an audit engagement working paper file.

    This will benefit Audit practitioners at all levels of experience, who want to refresh their understanding of the Canadian Auditing Standards and explore applying the standards in a more effective and efficient manner.

    PRICING

    $649.00 Personal Passport

    $760.00 Organization Passport

    $831.00 Member

    $831.00 Student

    $1051.00 Public

    Status: Registration open until Oct 06, 2022

    LOCATION

    Online

    SPEAKER(S) BIO

    Jennifer McCann, CPA, CA is the CEO of FocusCPD Inc. With over 20 years’ experience, Jennifer assists accounting firms with the effective and efficient application of accounting and assurance standards and the maintenance of quality controls systems through creating and delivering relevant training programs. Jennifer is also co-author of CPA Canada publications The Professional Engagement Guide (PEG) and The Quality Assurance Manual. She is an active member of the IAASB's Data Analytics Working Group Project Panel.

    SPECIAL INSTRUCTIONS

    Participants should have some familiarity with the CPA Handbook – Assurance.

    This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.

    Electronic material can be accessed one week prior to the course at https://pdlms.cpaontario.ca/ and should be downloaded in advance.

    Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.