Course Detail()

This course is available in both Live Webinar (virtual) and Classroom (physical).

For this session, it will be delivered as CLASSROOM. If you prefer to join the Live Webinar session, please register here.

Programme Objective

The objective of this two-day course is to discuss all the Singapore Standards on Auditing (SSAs) issued by ISCA. The major provisions of each SSA will be highlighted and illustrated.

Programme Outline

Singapore Standards on Quality Control
SSQC1	Quality control for firms that perform audits and reviews of financial statements and other assurance and related service engagements
200-299 - Audit of historical financial information
SSA 200	Overall objectives of the independent auditor and the conduct of an audit in accordance with Singapore Standards on Auditing
SSA 210	Agreeing the terms of audit engagements
SSA 220	Quality control for an audit of financial statements
SSA 230	Audit documentation
SSA 240	The auditor’s responsibilities relating to fraud in an audit of financial statements
SSA 250	Consideration of laws and regulations in an audit of financial statements
SSA 260	Communication with those charged with governance
SSA 265	Communicating deficiencies in internal control to those charged with governance and management
300-499 : Risk assessment and response to assessed risks
SSA 300	Planning an audit of financial statements
SSA 315	Identifying and assessing the risk of material misstatement through understanding the entity and its environment
SSA 320	Materiality in planning and performing audit
SSA 330	The auditor’s responses to assessed risks
SSA 402	Audit considerations relating to an entity using a service organization
SSA 450	Evaluation of misstatements identified during the audit
500-599 : Audit evidence
SSA 500	Audit evidence
SSA 501	Audit evidence – specific considerations for selected items
SSA 505	External confirmations
SSA 510	Initial audit engagements – opening balances
SSA 520	Analytical procedures
SSA 530	Audit sampling
SSA 540	Auditing accounting estimates, including fair value accounting estimates, and related disclosures
SSA 550	Related parties
SSA 560	Subsequent events
SSA 570	Going concern
SSA 580	Written representations
600-699: Using the work of others
SSA 600	Special considerations – audits of group financial statements (including the work of components auditors)
SSA 610	Using the work of internal auditors
SSA620	Using the work of an auditor’s expert
700-799 : Audit conclusions and reporting
SSA 700	Forming an opinion and reporting on financial statements
SSA 701	Communicating key audit matters in the independent auditor’s report
SSA 705	Modifications to the opinion in the independent auditor’s report
SSA 706	Emphasis of matter paragraphs and other matter paragraphs in the independent auditor’s report
SSA 710	Comparative information – Corresponding figures and comparative financial statements
SSA 720	The auditor’s responsibilities relating to other information in documents containing audited financial statements

Training Methodology
Lecture style with case studies, and references to PMP review points issued by local and also international regulators

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

A Foundation to Intermediate Level programme intended for Practicing and Non-Practicing Accountants and Auditors especially those whose work involves audit of historical financial statements.

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 1 July 2020 to 31 December 2022. *This excludes miscellaneous fees such as GST and registration fee etc.

This course is approved for UTAP support for intakes conducted between 01 April 2021 – 31 March 2022.

As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
Course by training provider must be supported under UTAP and training must commence within the supported period and;
Unfunded course fee must not be fully sponsored by company or other types of funding
Unfunded course fee must be S$20.00 and above, and;
Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)