This is an e-learning programme.  For more programme information, please click here.
 
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)


Programme Overview

SMP Onboarding Programme is designed to equip the new audit hires (audit assistants/associates and audit seniors) in Small and Medium-sized Practices (SMPs), with the necessary knowledge and skills to carry out their tasks more effectively. This programme is part of the Institute’s continuing efforts to support the SMP practitioners in providing relevant training to their staff.

The learning will be conducted through bite-sized e-learning modules which allows busy auditors to build skillsets with ease and flexibility.

It aims to equip new hires in SMPs with the understanding on:

• the audit environment in Singapore;
• the concepts of ISCA audit methodology and its applications; and
• the knowledge in Ethics Pronouncements (EP) 100 and 200.

 

Programme Outline

 

Module 1: Ethics Pronouncements (EP) 100

▪  Framework of EP 100 and its relevance to professional accountants
▪  Fundamental principles
▪  Ethical threats and ethical conflict resolution
▪  Non-compliance with Laws and Regulations (NOCLAR)
▪  Public interest duty

Module 2: Ethics Pronouncements (EP) 200

▪  Overview of EP200
▪  Relevance of EP200 to various stakeholders
▪  Examples of Money Laundering and Terrorism Financing practices
▪  Obligations and Offences under AML and CFT Legislation
▪  Reporting and Tipping-Off 
▪  Systems and Controls
▪  Customer Due Diligence (CDD) and Records Keeping
▪  Reporting, Training, Compliance, Hiring and Audit

Module 3: On-The-Job Training Blueprints

▪   Trade and Other Receivables
▪   Trade and Others Payables
▪   Cash and Bank Balances
▪   Property, Plant Equipment
▪   Operating and Other Expenses
▪   Revenue
▪   Cost of Sales
▪   Inventories
▪   Group Audit – Planning
▪   Inventory Count Observation
▪   Leases for Lessees
▪   General Audit Procedures
▪   Intangible Assets
▪   Investments in Subsidiaries, Associates and Joint Ventures and other Equity Investments
▪   Investment Properties
▪   Loans and Borrowings
▪   Income Taxes
▪   Related Parties
▪   Contingent Liabilities and Financial Commitments
▪   Subsequence Events and Going Concern

Module 4: ISCA Audit Manual for Standalone Entities (AMSE)

▪   Understand the audit environment in Singapore
▪   Guidance on how to effectively make use of the various programmes and forms in the ISCA
     AMSE to meet the various audit requirements
▪   Discuss some practical challenges that the preparers and reviewers of AMSE may encounter
     and how to address those challenges.

 

Optional add-on module

Group Audits E-learning Series (click here to view programme outlines)

- Enjoy >70% discounts on the Group Audit E-learning series (bundle of 6 modules) if you purchased the SMP Onboarding Programme.

• For ISCA Member : S$150* for 6-month access 
• For Non-Member : S$180* for 6-month access 

*Fees quoted are exclusive of prevailing GST rate.

 

Training Methodology

E-Learning (24/7) and MCQ Assessment

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

Click here for ISCA E-Learning User Guide.

 

Intended For

New Hires - Audit Assistant / Audit Associate, Audit Senior

Competency Mapping

Category 2 = 4.50 Hours
Category 3 = 20.50 Hours

Programme Facilitator(s)