NOTE: This course description has been revised and reflects updates for 2022. If you have any questions, please contact firstname.lastname@example.org
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. /i>
Topics covered in this course include:
Communication with Others
Acceptance and Overall Audit Strategy
Conclusion and Reporting
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.