Programme Overview
 
This is an e-learning programme.

Upon successful registration and payment, you will be notified via email within 10-15 mins on your enrolment confirmation with user instructions to access this programme.
Please complete all topics and sub-topics within the E-Learning courseware.
(The programme and assessment is valid for 6 months from the date of purchase)
 
*Please note that this is a recording of a Live Webinar on 4 November 2020. Please refer to ISCA COVID-19 Technical FAQs for latest updates.

Programme Objective
 
Unprecedented uncertainties to businesses and disruptions to operations arising from COVID-19 has brought challenges to auditing in the current environment.
 
ISCA, through its COVID-19 Working Group (set up in collaboration with ACRA), has held numerous deliberations on the accounting and auditing issues faced by the profession amidst the backdrop of COVID-19. Guidance has been provided through various COVID-19 Technical FAQs issued by ISCA.

During this one-hour recorded webinar, ISCA Auditing and Assurance Standards Committee Chairman, together with ISCA Technical Deputy Director and ISCA Technical Senior Manager, will share key insights from the FAQs issued and thought processes underpinning the development of these FAQs.

The key takeaways for participants of this webinar are as follows:

• Understand some of the auditing implications arising from COVID-19
• Learn how these auditing implications are addressed in the COVID-19 Technical FAQs
• Get a glimpse of the key deliberations behind the development of these FAQs

Programme Outline

 

Presentation 1: 

Going Concern Assessment Considerations and Implications on Auditor’s Reporting

 

Presentation 2: 

Valuation Uncertainties

With widespread uncertainty and market volatility arising from this pandemic, auditors may encounter instances where valuations fluctuate significantly in a relatively short period of time and valuation reports may highlight significant valuation uncertainties. 

 

Presentation 3: 

Execution of Audit Procedures
In the current environment, auditors may face challenges in executing certain audit procedures as they may not be able to sight original documents, attend physical stock count observations or travel to review component auditor’s audit documentation.

 

Training Methodology
 
Recorded Webinar.

Please complete the evaluation form once you have completed recorded webinar.

No cancellation or change in programme enrolment once the enrolment is successful.

Click here for ISCA E-Learning User Guide.

Intended For

Audit Professionals interested in knowing the auditing implications arising from COVID-19.

Programme Facilitator(s)