This session aims to discuss the latest amendments and updates to auditing standards.

Programme Outline

• SSA 600 (Revised) Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors)
  • Effective for audits of group financial statements for periods beginning on or after December 15, 2023.
• Narrow scope amendments to ISA 700 (Revised) and ISA 260 (Revised)
  • These amendments are as a result of the revisions to the IESBA Code that require a firm to publicly disclose when a firm has applied the independence requirements for public interest entities.
  • Effective for audits of financial statements for periods beginning on or after December 15, 2024
• The International Standard on Auditing (ISA) for Audits of Financial Statements of Less Complex Entities (LCE)
  • The ISA for LCE is a standalone global auditing standard designed specifically for smaller and less complex businesses. Built on the foundation of the International Standards on Auditing (ISAs), audits performed using this standard provide the same level of assurance for eligible audits: reasonable assurance.
  • Effective for audits of financial statements of less complex entities for periods Beginning on or after December 15, 2025

Training Methodology

Lecture style with exercises / case studies

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

Practising and Non-Practising Accountants and Auditors.

Programme Facilitator(s)