Course Detail(ADT128v : Overview of Essential Singapore Standards on Auditing (Live Webinar))

UTAP Funding

ADT128v : Overview of Essential Singapore Standards on Auditing (Live Webinar)

14.00 CPE Hours (Category 3)
Live Webinar

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
SSQC1Quality 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 200Overall objectives of the independent auditor and the conduct of an audit in accordance with Singapore Standards on Auditing
SSA 210Agreeing the terms of audit engagements
SSA 220Quality control for an audit of financial statements
SSA 230Audit documentation
SSA 240The auditor’s responsibilities relating to fraud in an audit of financial statements
SSA 250Consideration of laws and regulations in an audit of financial statements
SSA 260Communication with those charged with governance
SSA 265Communicating deficiencies in internal control to those charged with governance and management
300-499 : Risk assessment and response to assessed risks
SSA 300Planning an audit of financial statements
SSA 315Identifying and assessing the risk of material misstatement through understanding the entity and its environment
SSA 320Materiality in planning and performing audit
SSA 330The auditor’s responses to assessed risks
SSA 402Audit considerations relating to an entity using a service organization
SSA 450Evaluation of misstatements identified during the audit
500-599 : Audit evidence
SSA 500Audit evidence
SSA 501Audit evidence – specific considerations for selected items
SSA 505External confirmations
SSA 510Initial audit engagements – opening balances
SSA 520Analytical procedures
SSA 530Audit sampling
SSA 540Auditing accounting estimates, including fair value accounting estimates, and related disclosures
SSA 550Related parties
SSA 560Subsequent events
SSA 570Going concern
SSA 580Written representations
600-699: Using the work of others
SSA 600Special considerations – audits of group financial statements (including the work of components auditors)
SSA 610Using the work of internal auditors
SSA620Using the work of an auditor’s expert
700-799 : Audit conclusions and reporting
SSA 700Forming an opinion and reporting on financial statements
SSA 701Communicating key audit matters in the independent auditor’s report
SSA 705Modifications to the opinion in the independent auditor’s report
SSA 706Emphasis of matter paragraphs and other matter paragraphs in the independent auditor’s report
SSA 710Comparative information – Corresponding figures and comparative financial statements
SSA 720The 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.

Competency Mapping

Category 3 = 14.00 Hours

Schedule & Fees

Date & Time

29 Jul 2024 (9:00 AM - 5:00 PM)
30 Jul 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 570.07
For Non-Members: $ 679.07

Programme Facilitator(s)

Dr Chinnu Palanivelu

Venue

Online Classroom in or outside of
Singapore

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)

UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.
 
To find out more on the UTAP funding and support validity period please click here.
 

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)


 

Dr Chinnu Palanivelu, PA (ACRA), FCA (Singapore), CA (England &Wales), CPA (Aust.), FCCA, CMA, CFE, DBA, MBA, BSc (Hons)

Dr Chinnu is currently the Managing Partner of Stamford group of companies that involved audit, financial reporting, tax advisory, management consulting, company secretarial work and risk advisory. Before current appointment, he has more than 20 years of experience in public practice and commercial entities. He also appointed faculty member of various academic and professional institutions including James Cook University, University of Greenwich, LSBF, Kaplan, SIT, Singapore Accountancy Commission, ISCA, ACCA, ICAEW and Singapore Institute of Auditors. Dr Chinnu completed specialised Diploma in Tax, IFRS, SSA and adult trainings and teaching in higher education.

 

Dr Chinnu developed expertise in audit and accounting of societies, charities and IPCs. He is ISCA Care Volunteer (pro-bono) to advice charity on the governance, audit and accounting. He is a technical trainer and facilitator at ISCA and SMPs on various trainings related to non-profit entities where he trained few thousands of practitioners and finance professional. Dr Chinnu, as Public Accountant and auditors, audited more than 100 Societies, Charities, IPCs, and Co-operative societies, associations, clubs and Company Limited Guarantees.

 

Dr Chinnu served about 10 years in the Board and advisory committees of Ministry of Education, Ministry of Social and Family Development, Ministry of Culture, Community and Youth and Youth Corp Singapore. Dr Chinnu served more than 12 years in the grassroots in various position including auditor and Treasurer. For his contribution to grassroots, he was awarded PA Long Service Award and National Day Honour Medal. Dr chinnu also received recognition letter from ministries such as MSF and MOE, NS Gold status recognition and Total Defence award from Ministry of Defence.

Dr Chinnu currently serves on the Board of Directors/Executive committee of SCAPE Ltd, Rotary Foundation of Singapore Ltd, Singapore South Asia Chamber of Commerce and Industry, Rotatory Club of Singapore East, Tapestry Project Ltd, Abdul Kalam Vision Society and Societies of Kalaipithers. He was served Board of Directors of Association of Persons with Special Needs, Singapore National Paralympic Council, SHINE Childers and Youth Service, Breast Cancer Foundation and Singapore Taekwondo Foundation.

He also served/serving Chairman or member of audit committee of Association of Persons with Special Needs, Singapore Taekwondo Foundation, Singapore Disability Sports Council, National Volunteer & Philanthropy Centre, SCAPE Ltd and Breast Cancer Foundation.

He also served/serving Treasurer of Rotary Foundation of Singapore Ltd, Societies of Kalaipithers, Tapestry Project Ltd and Abdul Kalam Vision Society.

He also served/serving Chairman/member of finance committee of Singapore National Paralympic Council, Singapore South Asia Chamber of Commerce and Industry, Association of Persons with Special Needs, Tapestry Project Ltd, Abdul Kalam Vision Society and Societies of Kalaipithers.

Dr Chinnu also served Honorary Secretary of Societies of Kalaipithers and Breast Cancer Foundation.

He also served management committee/advisory of various education institutions such as ACCA, Singapore Accountancy Academy Global Education, London School of Business and Finance and Association of Certified Fraud Examiners.

Dr Chinnu also appointed as Honorary Auditor of Singapore Indian Educational Trust, Abdul Kalam Vision Society, Global Organisation of People of Indian Origin, Societies of Kalaipithers and Guild of International Speakers and Trainers.

Chinnu was awarded Lifelong Learner Award by President of Singapore and received recognition from several institutions such as the ACCA, NCSS, APSN and SHINE. Dr Chinnu conferred Global Guru Award for his teaching, training and impact made to his participants. For his contribution to the society, non-profit institutions and nation building, he was awarded Honorary Doctorate degree (Doctor of Letters).

Dr Chinnu also conferred Global Leadership Award and under his Leadership, Stamford Assurance group awarded SME 500 award, Best Practice Firm award under SMP category by the Legacy International and Singapore 100 Entrepreneurs award.

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
SSQC1Quality 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 200Overall objectives of the independent auditor and the conduct of an audit in accordance with Singapore Standards on Auditing
SSA 210Agreeing the terms of audit engagements
SSA 220Quality control for an audit of financial statements
SSA 230Audit documentation
SSA 240The auditor’s responsibilities relating to fraud in an audit of financial statements
SSA 250Consideration of laws and regulations in an audit of financial statements
SSA 260Communication with those charged with governance
SSA 265Communicating deficiencies in internal control to those charged with governance and management
300-499 : Risk assessment and response to assessed risks
SSA 300Planning an audit of financial statements
SSA 315Identifying and assessing the risk of material misstatement through understanding the entity and its environment
SSA 320Materiality in planning and performing audit
SSA 330The auditor’s responses to assessed risks
SSA 402Audit considerations relating to an entity using a service organization
SSA 450Evaluation of misstatements identified during the audit
500-599 : Audit evidence
SSA 500Audit evidence
SSA 501Audit evidence – specific considerations for selected items
SSA 505External confirmations
SSA 510Initial audit engagements – opening balances
SSA 520Analytical procedures
SSA 530Audit sampling
SSA 540Auditing accounting estimates, including fair value accounting estimates, and related disclosures
SSA 550Related parties
SSA 560Subsequent events
SSA 570Going concern
SSA 580Written representations
600-699: Using the work of others
SSA 600Special considerations – audits of group financial statements (including the work of components auditors)
SSA 610Using the work of internal auditors
SSA620Using the work of an auditor’s expert
700-799 : Audit conclusions and reporting
SSA 700Forming an opinion and reporting on financial statements
SSA 701Communicating key audit matters in the independent auditor’s report
SSA 705Modifications to the opinion in the independent auditor’s report
SSA 706Emphasis of matter paragraphs and other matter paragraphs in the independent auditor’s report
SSA 710Comparative information – Corresponding figures and comparative financial statements
SSA 720The 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.

Competency Mapping

Category 3 = 14.00 Hours

Programme Facilitator(s)

 

Dr Chinnu Palanivelu, PA (ACRA), FCA (Singapore), CA (England &Wales), CPA (Aust.), FCCA, CMA, CFE, DBA, MBA, BSc (Hons)

Dr Chinnu is currently the Managing Partner of Stamford group of companies that involved audit, financial reporting, tax advisory, management consulting, company secretarial work and risk advisory. Before current appointment, he has more than 20 years of experience in public practice and commercial entities. He also appointed faculty member of various academic and professional institutions including James Cook University, University of Greenwich, LSBF, Kaplan, SIT, Singapore Accountancy Commission, ISCA, ACCA, ICAEW and Singapore Institute of Auditors. Dr Chinnu completed specialised Diploma in Tax, IFRS, SSA and adult trainings and teaching in higher education.

 

Dr Chinnu developed expertise in audit and accounting of societies, charities and IPCs. He is ISCA Care Volunteer (pro-bono) to advice charity on the governance, audit and accounting. He is a technical trainer and facilitator at ISCA and SMPs on various trainings related to non-profit entities where he trained few thousands of practitioners and finance professional. Dr Chinnu, as Public Accountant and auditors, audited more than 100 Societies, Charities, IPCs, and Co-operative societies, associations, clubs and Company Limited Guarantees.

 

Dr Chinnu served about 10 years in the Board and advisory committees of Ministry of Education, Ministry of Social and Family Development, Ministry of Culture, Community and Youth and Youth Corp Singapore. Dr Chinnu served more than 12 years in the grassroots in various position including auditor and Treasurer. For his contribution to grassroots, he was awarded PA Long Service Award and National Day Honour Medal. Dr chinnu also received recognition letter from ministries such as MSF and MOE, NS Gold status recognition and Total Defence award from Ministry of Defence.

Dr Chinnu currently serves on the Board of Directors/Executive committee of SCAPE Ltd, Rotary Foundation of Singapore Ltd, Singapore South Asia Chamber of Commerce and Industry, Rotatory Club of Singapore East, Tapestry Project Ltd, Abdul Kalam Vision Society and Societies of Kalaipithers. He was served Board of Directors of Association of Persons with Special Needs, Singapore National Paralympic Council, SHINE Childers and Youth Service, Breast Cancer Foundation and Singapore Taekwondo Foundation.

He also served/serving Chairman or member of audit committee of Association of Persons with Special Needs, Singapore Taekwondo Foundation, Singapore Disability Sports Council, National Volunteer & Philanthropy Centre, SCAPE Ltd and Breast Cancer Foundation.

He also served/serving Treasurer of Rotary Foundation of Singapore Ltd, Societies of Kalaipithers, Tapestry Project Ltd and Abdul Kalam Vision Society.

He also served/serving Chairman/member of finance committee of Singapore National Paralympic Council, Singapore South Asia Chamber of Commerce and Industry, Association of Persons with Special Needs, Tapestry Project Ltd, Abdul Kalam Vision Society and Societies of Kalaipithers.

Dr Chinnu also served Honorary Secretary of Societies of Kalaipithers and Breast Cancer Foundation.

He also served management committee/advisory of various education institutions such as ACCA, Singapore Accountancy Academy Global Education, London School of Business and Finance and Association of Certified Fraud Examiners.

Dr Chinnu also appointed as Honorary Auditor of Singapore Indian Educational Trust, Abdul Kalam Vision Society, Global Organisation of People of Indian Origin, Societies of Kalaipithers and Guild of International Speakers and Trainers.

Chinnu was awarded Lifelong Learner Award by President of Singapore and received recognition from several institutions such as the ACCA, NCSS, APSN and SHINE. Dr Chinnu conferred Global Guru Award for his teaching, training and impact made to his participants. For his contribution to the society, non-profit institutions and nation building, he was awarded Honorary Doctorate degree (Doctor of Letters).

Dr Chinnu also conferred Global Leadership Award and under his Leadership, Stamford Assurance group awarded SME 500 award, Best Practice Firm award under SMP category by the Legacy International and Singapore 100 Entrepreneurs award.


Upcoming Schedule

Date & Time

29 Jul 2024 (9:00 AM - 5:00 PM)
30 Jul 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 570.07
For Non-Members: $ 679.07

Programme Facilitator(s)

Dr Chinnu Palanivelu

Venue

Online Classroom in or outside of
Singapore