Course Detail(ADT177v : Audit Consideration and Approach under the New Normal (Live Webinar))

ADT177v : Audit Consideration and Approach under the New Normal (Live Webinar) NEW

3.50 CPE Hours (Category 3)
Live Webinar

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

For this session, it will be delivered as LIVE WEBINAR. If you prefer to join the Classroom session, please register here.

Programme Objective

The consequences of the Covid-19 pandemic on financial reporting and audit engagements are complex and have resulted in unprecedented challenges for management, those charged with governance (TCWG) and auditors.  The uncertainty arising from the current environment has greatly increased the challenges in performing the audit. Audit firms will have to reconsider deploying innovative methodology remote auditing, utilizing various technology tools available.

Learning Objective

This course aims to explore the various auditing implications arising from the effects of during the COVID-19 pandemic using examples and case studies that are applicable in Singapore’s context, to help practitioners overcome these challenges. 

Learning Outcome

Participants will be able to:
•    Identify risk and changes to audit approach affected by Covid-19 restrictions
•    Addressing risk and audit procedure in the new normal 
•    Review potential risk of material misstatement in a volatile environment

Programme Outline

Common challenges faced by auditors?

  • Remote auditing of inventory, property plant equipment, cash. 
  • Inability to sight to original documents 
  • Assessing management going concern assumption 
  • Implication on group audits due to global uncertainties and travel restrictions
  • Performing impairment assessment of assets
  • Disclosures in the financial statements on COVID-19

 

Training Methodology

Lecture style, with Exercises/Case Studies.

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

An intermediate level programme intended for Professionals Accountants in Public Practice and Audit professionals.

Competency Mapping

Category 3 = 3.50 Hours

Schedule & Fees

Date & Time

26 Oct 2021 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02   $ 159.22
For Non-Members: $ 237.54   $ 190.03
Discount till 31 Dec 2021

Programme Facilitator(s)

Titus Kuan

Venue

Online Classroom in or outside of
Singapore

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Titus Kuan
CA Singapore

Director, Assurance, Nexia TS PAC
 

Titus has over 16 years of experience in the accounting and auditing profession. He started out his career in KPMG Singapore which spanned 12 years including a 2-year secondment to KPMG London. During his career there, he was handling both assurance engagements and learning and development (L&D) function for the firm.

Subsequently, he assumed the technical and L&D director role in ISCA, and was responsible for technical advisory work covering Auditing, Assurance, FRS, Corporate Reporting and Ethics. He also oversees the CPE department focusing on members’ professional development.

Currently he is based in the Audit Technical and Quality Control department at Nexia TS Singapore, where apart from managing an audit portfolio, he also takes charge of training program and provide technical advisory support to the firm.

He also trains externally for ISCA courses and for the Singapore CA Qualification Program.

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

For this session, it will be delivered as LIVE WEBINAR. If you prefer to join the Classroom session, please register here.

Programme Objective

The consequences of the Covid-19 pandemic on financial reporting and audit engagements are complex and have resulted in unprecedented challenges for management, those charged with governance (TCWG) and auditors.  The uncertainty arising from the current environment has greatly increased the challenges in performing the audit. Audit firms will have to reconsider deploying innovative methodology remote auditing, utilizing various technology tools available.

Learning Objective

This course aims to explore the various auditing implications arising from the effects of during the COVID-19 pandemic using examples and case studies that are applicable in Singapore’s context, to help practitioners overcome these challenges. 

Learning Outcome

Participants will be able to:
•    Identify risk and changes to audit approach affected by Covid-19 restrictions
•    Addressing risk and audit procedure in the new normal 
•    Review potential risk of material misstatement in a volatile environment

Programme Outline

Common challenges faced by auditors?

  • Remote auditing of inventory, property plant equipment, cash. 
  • Inability to sight to original documents 
  • Assessing management going concern assumption 
  • Implication on group audits due to global uncertainties and travel restrictions
  • Performing impairment assessment of assets
  • Disclosures in the financial statements on COVID-19

 

Training Methodology

Lecture style, with Exercises/Case Studies.

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

An intermediate level programme intended for Professionals Accountants in Public Practice and Audit professionals.

Competency Mapping

Category 3 = 3.50 Hours

Programme Facilitator(s)

Titus Kuan
CA Singapore

Director, Assurance, Nexia TS PAC
 

Titus has over 16 years of experience in the accounting and auditing profession. He started out his career in KPMG Singapore which spanned 12 years including a 2-year secondment to KPMG London. During his career there, he was handling both assurance engagements and learning and development (L&D) function for the firm.

Subsequently, he assumed the technical and L&D director role in ISCA, and was responsible for technical advisory work covering Auditing, Assurance, FRS, Corporate Reporting and Ethics. He also oversees the CPE department focusing on members’ professional development.

Currently he is based in the Audit Technical and Quality Control department at Nexia TS Singapore, where apart from managing an audit portfolio, he also takes charge of training program and provide technical advisory support to the firm.

He also trains externally for ISCA courses and for the Singapore CA Qualification Program.

Upcoming Schedule

Date & Time

26 Oct 2021 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02   $ 159.22
For Non-Members: $ 237.54   $ 190.03
Discount till 31 Dec 2021

Programme Facilitator(s)

Titus Kuan

Venue

Online Classroom in or outside of
Singapore