Course Detail(ADT033 : Auditors' Reliance on the Work of Other Parties)

ADT033 : Auditors' Reliance on the Work of Other Parties

3.50 CPE Hours (Category 3)
Classroom

Programme Objective

To provide audit professionals with guidance on relying on the work and audit evidence provided by other parties (including internal auditors, auditor’s experts, management’s experts, component auditors, network auditors and other auditors).

Programme Outline

  • What constitutes sufficient appropriate audit evidence – issues relating to Sufficiency, Relevance and Reliability.
  • Determining the need for reliance on the work of other parties.
  • Considerations for the selection of other parties – Issues on Competence, Capabilities and Objectivity, and on the nature, timing and extent of procedures performed.
  • Determining whether, and to what extent, to rely on the work of other parties.
  • Communicating with other parties about the scope, timing and reporting of their work.
  • Evaluating the work of other parties.
  • Documenting the audit procedures performed on the work of other parties.
  • Documenting the auditor’s conclusions reached regarding the evaluation and adequacy of the work of other parties.
  • The auditor’s responsibility for the audit opinion when using work performed by other parties.

Training Methodology

Lecture style, with Exercises/Case Studies

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation to Intermediate level programme intended for Pracitising and Non-Practising Accountants and Auditors. Those who like to understand more about the SSAs relevant to the context of Auditors' reliance on the work of other parties are welcome to attend.

Competency Mapping

Category 3 = 3.50 Hours

Schedule & Fees

Date & Time

07 Oct 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Kuan Cheng Tuck

Date & Time

01 Oct 2018 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Kuan Cheng Tuck

Date & Time

17 Oct 2017 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Kuan Cheng Tuck

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Kuan Cheng Tuck

Cheng Tuck is an advisor to Crowe on technical and risk management matters. Being dually-qualified as a Chartered Accountant and a lawyer in Singapore, Cheng Tuck is well placed to deliver courses covering a myriad of subject matters.  He is also able to share his uniquely combined knowledge and experience in accounting, business and law with participants, allowing them to appreciate the perspective from multiple angles.  He is particularly skillful in explaining complicated matters in an easily understandable and interesting manner.

Cheng Tuck has more than 20 years of experience in the fields of accounting, auditing as well as business and financial advisory.  He is also an independent director and Audit Committee Chairman of several listed companies in Singapore and Hong Kong.  He is also a panel member of the Disciplinary Committee of the Accounting and Corporate Regulatory Authority (ACRA).
 

Programme Objective

To provide audit professionals with guidance on relying on the work and audit evidence provided by other parties (including internal auditors, auditor’s experts, management’s experts, component auditors, network auditors and other auditors).

Programme Outline

  • What constitutes sufficient appropriate audit evidence – issues relating to Sufficiency, Relevance and Reliability.
  • Determining the need for reliance on the work of other parties.
  • Considerations for the selection of other parties – Issues on Competence, Capabilities and Objectivity, and on the nature, timing and extent of procedures performed.
  • Determining whether, and to what extent, to rely on the work of other parties.
  • Communicating with other parties about the scope, timing and reporting of their work.
  • Evaluating the work of other parties.
  • Documenting the audit procedures performed on the work of other parties.
  • Documenting the auditor’s conclusions reached regarding the evaluation and adequacy of the work of other parties.
  • The auditor’s responsibility for the audit opinion when using work performed by other parties.

Training Methodology

Lecture style, with Exercises/Case Studies

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

A Foundation to Intermediate level programme intended for Pracitising and Non-Practising Accountants and Auditors. Those who like to understand more about the SSAs relevant to the context of Auditors' reliance on the work of other parties are welcome to attend.

Competency Mapping

Category 3 = 3.50 Hours

Programme Facilitator(s)

Kuan Cheng Tuck

Cheng Tuck is an advisor to Crowe on technical and risk management matters. Being dually-qualified as a Chartered Accountant and a lawyer in Singapore, Cheng Tuck is well placed to deliver courses covering a myriad of subject matters.  He is also able to share his uniquely combined knowledge and experience in accounting, business and law with participants, allowing them to appreciate the perspective from multiple angles.  He is particularly skillful in explaining complicated matters in an easily understandable and interesting manner.

Cheng Tuck has more than 20 years of experience in the fields of accounting, auditing as well as business and financial advisory.  He is also an independent director and Audit Committee Chairman of several listed companies in Singapore and Hong Kong.  He is also a panel member of the Disciplinary Committee of the Accounting and Corporate Regulatory Authority (ACRA).
 

Upcoming Schedule

Registration is closed

Date & Time

07 Oct 2019 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

Kuan Cheng Tuck

Venue

60 Cecil Street
ISCA House
Singapore 049709