Course Detail(ADT154 : Audit Communication: Effective Management Letters (Case Study Approach))

ADT154 : Audit Communication: Effective Management Letters (Case Study Approach)

3.50 CPE Hours (Category 3)
Classroom


Programme Objective
During the audit process, auditors might identify some internal control weaknesses and operating inefficiencies that may require a written communication (i.e. management letter) to the management. A management letter may cover a broad range of topics such as segregation of duties, account reconciliations, physical asset security, credit control and policies, system access rights, employee performance etc.

Using numerous case studies, this course aims to provide audit professionals with guidance on how to effectively communicate to management the audit issues and findings, their implications and recommendations for improvements.
 

Programme Outline

1. Common mistakes in Management Letters
2. Structure of Management Letters
3. Six Phases –
a) Gather relevant information
b) Critically analyse information
c) Deliberate and conclude on organisation
d) Draft outline
e) Write detailed contents
f) Perform independent review
4. Case Studies on common Management Letter matters in typical Small & Medium entities, covering key Financial Statement Line Items, Audit Assertions and Internal Controls.

(Participants are encouraged to contribute actual audit issue situations for group discussion and guidance.)
 
Training Methodology
Lecture style with Case studies
 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

An intermediate to advanced level programme for Audit professionals.

Competency Mapping

Category 3 = 3.50 Hours

Schedule & Fees

Date & Time

01 Oct 2019 (2:00 PM - 5:30 PM)

Registration is closed

Programme Facilitator(s)

R.Rajandran

Date & Time

12 Dec 2018 (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.


Programme Objective
During the audit process, auditors might identify some internal control weaknesses and operating inefficiencies that may require a written communication (i.e. management letter) to the management. A management letter may cover a broad range of topics such as segregation of duties, account reconciliations, physical asset security, credit control and policies, system access rights, employee performance etc.

Using numerous case studies, this course aims to provide audit professionals with guidance on how to effectively communicate to management the audit issues and findings, their implications and recommendations for improvements.
 

Programme Outline

1. Common mistakes in Management Letters
2. Structure of Management Letters
3. Six Phases –
a) Gather relevant information
b) Critically analyse information
c) Deliberate and conclude on organisation
d) Draft outline
e) Write detailed contents
f) Perform independent review
4. Case Studies on common Management Letter matters in typical Small & Medium entities, covering key Financial Statement Line Items, Audit Assertions and Internal Controls.

(Participants are encouraged to contribute actual audit issue situations for group discussion and guidance.)
 
Training Methodology
Lecture style with Case studies
 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

An intermediate to advanced level programme for Audit professionals.

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

01 Oct 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