Course Detail(ADT145 : Audit Completion Procedures)

ADT145 : Audit Completion Procedures

3.50 CPE Hours (Category 3)
Classroom


This course is formerly known as ADT038: Final Review of Financial Statements.

Programme Objective

To provide audit professionals with guidance on Audit Completion Procedures.
 

Programme Outline

  • Performance of final analytical procedures prior to determining the type of audit opinion to issue.
  • Understand the importance of distinguishing between factual misstatements, judgmental misstatements and projected misstatements.
  • Evaluation of the effect of identified misstatements on the audit.
  • Evaluation of uncorrected misstatements on the financial statements.
  • Communication, correction and documentation of misstatements including obtaining written representations from management and those charged with governance.
  • Review of the financial statements for proper presentation and disclosure, including comparative information and other information in documents that will contain the audited financial statements.
  • Consideration of special regulatory disclosures and/or external reporting necessary for specific items.
  • Updating the audit engagement permanent file with information relevant for future audits.
  • Circumstances under which engagement quality control reviews for non-listed clients may be required; evaluating significant judgments and conclusions reached by the engagement team.

Training Methodology
 
Lecture style with Exercises/Case Studies
 
Closing Date for Registration

1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced Level programme intended for both Practicing and Non-Practicing Accountants and Auditors. Those who like to gain better understanding on Audit Completion Procedures are encouraged to attend.

Competency Mapping

Category 3 = 3.50 Hours

Schedule & Fees

Date & Time

04 Dec 2019 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

R.Rajandran

Date & Time

01 Oct 2018 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

R.Rajandran

Date & Time

27 Oct 2017 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

R.Rajandran

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


R. Rajandran

Raj recently retired on 30 June 2017, after an audit career of 38 years with a Big Four public accounting firm in Singapore, as an Audit Director and as a Registered Public Accountant.

Recent experience: His extensive audit experience includes acting as a Registered Public Accountant on small and medium enterprises and subsidiaries of multinational enterprises in recent years.
In the late 1990s, he was tasked as the pioneer Audit Director to lead a new business unit to ring-fence and exclusively cater to the service needs of small & medium enterprises and was personally involved in recruiting staff members, developing training and development programs, as well as conducting the training of the audit team members of the new business group.

Earlier experience: In the earlier years of his career, he acted as the lead audit manager on numerous public listed clients, including Singapore Press Holdings Group, Comfort Group, Yeo Hiap Seng Limited Group, Shangri-la Group and Overseas Union Enterprise Ltd Group.

With his extensive audit experience and having acted as a Registered Public Accountant on a client portfolio of more than 200 clients on an annual basis, Raj is particularly suited, and eager, to impart his knowledge on auditing.


This course is formerly known as ADT038: Final Review of Financial Statements.

Programme Objective

To provide audit professionals with guidance on Audit Completion Procedures.
 

Programme Outline

  • Performance of final analytical procedures prior to determining the type of audit opinion to issue.
  • Understand the importance of distinguishing between factual misstatements, judgmental misstatements and projected misstatements.
  • Evaluation of the effect of identified misstatements on the audit.
  • Evaluation of uncorrected misstatements on the financial statements.
  • Communication, correction and documentation of misstatements including obtaining written representations from management and those charged with governance.
  • Review of the financial statements for proper presentation and disclosure, including comparative information and other information in documents that will contain the audited financial statements.
  • Consideration of special regulatory disclosures and/or external reporting necessary for specific items.
  • Updating the audit engagement permanent file with information relevant for future audits.
  • Circumstances under which engagement quality control reviews for non-listed clients may be required; evaluating significant judgments and conclusions reached by the engagement team.

Training Methodology
 
Lecture style with Exercises/Case Studies
 
Closing Date for Registration

1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced Level programme intended for both Practicing and Non-Practicing Accountants and Auditors. Those who like to gain better understanding on Audit Completion Procedures are encouraged to attend.

Competency Mapping

Category 3 = 3.50 Hours

Programme Facilitator(s)

R. Rajandran

Raj recently retired on 30 June 2017, after an audit career of 38 years with a Big Four public accounting firm in Singapore, as an Audit Director and as a Registered Public Accountant.

Recent experience: His extensive audit experience includes acting as a Registered Public Accountant on small and medium enterprises and subsidiaries of multinational enterprises in recent years.
In the late 1990s, he was tasked as the pioneer Audit Director to lead a new business unit to ring-fence and exclusively cater to the service needs of small & medium enterprises and was personally involved in recruiting staff members, developing training and development programs, as well as conducting the training of the audit team members of the new business group.

Earlier experience: In the earlier years of his career, he acted as the lead audit manager on numerous public listed clients, including Singapore Press Holdings Group, Comfort Group, Yeo Hiap Seng Limited Group, Shangri-la Group and Overseas Union Enterprise Ltd Group.

With his extensive audit experience and having acted as a Registered Public Accountant on a client portfolio of more than 200 clients on an annual basis, Raj is particularly suited, and eager, to impart his knowledge on auditing.

Upcoming Schedule

Registration is closed

Date & Time

04 Dec 2019 (2:00 PM - 5:30 PM)

Fee (inclusive of GST)

For Members: $ 199.02
For Non-Members: $ 237.54

Programme Facilitator(s)

R.Rajandran

Venue

137 Cecil Street
Level 4
Hengda Building
Singapore 069537