25-27 of September, 2023
CPD hours: 12
Aim
Learn all about the changes of ISA 315 (revised) and understand their impact on the audit.
Build a deeper understanding of IT Controls and become able to identify, explain and test General IT Controls and IT Automated Controls.
Objective
The main purpose of the seminar is to:
- Identify the changes and the new concepts of the revised standard and explain their impact on the audit.
- Explain the flow of the risk assessment process.
- Explain the identification of significant risks by using the spectrum of inherent risk.
- Explain the five inter-related components of the system of internal control and analyze the requirements of the standard.
- Identify what it means to obtain an understanding of the entity’s use of IT.
- Identify the risks related to the IT environment.
- Understand the concept of General IT Controls.
- Understand the concept of IT Application Controls.
- More specifically, this seminar aims to provide. A clear understanding of the changes of the revised standard with the use of practical examples.
- Practical examples of understanding the Risks and Controls related to the entity’s IT environment.
Participants’ Profile
All auditors and their staff engaged in audits of financial statements.
Participants are encouraged to send relevant questions/topics to be discussed during the seminar.
Certification
All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.
