Humberside Accountancy Courses

Aims and objectives
This seminar will consider the top ten issues raised by the monitoring units of the ICAEW and ACCA.  It will also try to provide an insight as to why these issues arise in practice and how firms can put in place procedures to avoid.  Where possible the presentation will offer practical solutions.

The presentation will also include a summary of any changes and the practical impact of this on auditors.

This course will cover:

• ISA 500; where do auditors fail to obtain sufficient appropriate evidence and why might this arise?  What methods are available to obtain evidence and how does this relate to the risk assessment?
• ISA 230; what are the issues as regards documentation, are these predominately in one phase of the audit?
• ISA 315; what are the shortcomings in planning and how can we avoid them?
• ISA 530; what mistakes are made in auditing, how can we avoid them, and what other tools are there in the toolbox?
• ISA 240; what are the issues?
• ISA 570; what is involved for small/medium sized OMBs?
• ISA 600; how should we approach a group audit?
• ISA 402; what is a service organisation and what evidence do we require? Are there any specific sectors where this is more of an issue?
• ISA 550; how should we approach related parties?
• ISA 580; what representations do we need and which should we consider?
• How will audit procedures change in 2020, what changes may be expected to programmes and systems?