Course Detail(ADT063 : Audit of Opening Balances for Initial Audit Engagements)

ADT063 : Audit of Opening Balances for Initial Audit Engagements

3.50 CPE Hours (Category 3)
Classroom
In Collaboration with:  

Programme Objective

To provide audit professionals with guidance on the audit of opening balances for initial audit engagements. This course will also touch on additional audit planning requirements for initial audit engagements.

Programme Outline

  • Understand the provisions of the ISCA Code of Professional Conduct and Ethics with regard to changes in professional appointments
  • Understand the additional planning requirements and activities necessary for initial audit engagements
  • Understand the responsibilities of the auditor with respect to opening balances for initial audit engagements
  • Identify the appropriate audit procedures to be performed on opening balances for initial audit engagements
  • Evaluate the results of the audit procedures performed on opening balances for initial audit engagements and assess their implications for the current period’s audit
  • Assess the implications of any modifications in the predecessor auditor’s opinion for the current period’s audit


Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for both Practising and Non-Practising Accounting and Audit professionals.

Competency Mapping

Category 3 = 3.50 Hours

Schedule & Fees

Date & Time

19 Dec 2019 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Loh Ji Kin

Date & Time

13 Dec 2018 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Loh Ji Kin

Date & Time

15 Dec 2017 (9:00 AM - 12:30 PM)

Registration is closed

Programme Facilitator(s)

Loh Ji Kin

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Loh Ji Kin
Director, Assurance
Nexia TS Public Accounting Corporation

Mr. Loh is a Director in Nexia TS Public Accounting Corporation. His main role in firm is serving as engagement partner for audit clients, which includes a spectrum of publicly listed and private clients spanning various industries. Mr. Loh also heads the firm’s Training Department as well as its Assurance Technical and Quality Control Department, being a subject matter expert in both accounting and auditing standards.

Prior to joining Nexia TS, Mr. Loh spent almost 15 years with an international accounting firm, serving a number of roles. In an assurance capacity, he served clients in statutory audits and other special assignments. These clients included listed and private companies as well as multi-national corporations, in various industries, including the oil & gas, insurance, investment-holding and manufacturing sector.

Mr. Loh also played an integral role in the internal technical department, primarily focused on auditing standards and audit quality, including external reporting, in both audit and non-audit services. He also played a key role in conducting training in accounting standards, audit methodology and related soft skills, including project and client management.

Mr. Loh is a practising member of the Institute of Singapore Chartered Accountants.

Programme Objective

To provide audit professionals with guidance on the audit of opening balances for initial audit engagements. This course will also touch on additional audit planning requirements for initial audit engagements.

Programme Outline

  • Understand the provisions of the ISCA Code of Professional Conduct and Ethics with regard to changes in professional appointments
  • Understand the additional planning requirements and activities necessary for initial audit engagements
  • Understand the responsibilities of the auditor with respect to opening balances for initial audit engagements
  • Identify the appropriate audit procedures to be performed on opening balances for initial audit engagements
  • Evaluate the results of the audit procedures performed on opening balances for initial audit engagements and assess their implications for the current period’s audit
  • Assess the implications of any modifications in the predecessor auditor’s opinion for the current period’s audit


Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for both Practising and Non-Practising Accounting and Audit professionals.

Competency Mapping

Category 3 = 3.50 Hours

Programme Facilitator(s)

Loh Ji Kin
Director, Assurance
Nexia TS Public Accounting Corporation

Mr. Loh is a Director in Nexia TS Public Accounting Corporation. His main role in firm is serving as engagement partner for audit clients, which includes a spectrum of publicly listed and private clients spanning various industries. Mr. Loh also heads the firm’s Training Department as well as its Assurance Technical and Quality Control Department, being a subject matter expert in both accounting and auditing standards.

Prior to joining Nexia TS, Mr. Loh spent almost 15 years with an international accounting firm, serving a number of roles. In an assurance capacity, he served clients in statutory audits and other special assignments. These clients included listed and private companies as well as multi-national corporations, in various industries, including the oil & gas, insurance, investment-holding and manufacturing sector.

Mr. Loh also played an integral role in the internal technical department, primarily focused on auditing standards and audit quality, including external reporting, in both audit and non-audit services. He also played a key role in conducting training in accounting standards, audit methodology and related soft skills, including project and client management.

Mr. Loh is a practising member of the Institute of Singapore Chartered Accountants.


Upcoming Schedule

Registration is closed

Date & Time

19 Dec 2019 (9:00 AM - 12:30 PM)

Fee (inclusive of GST)

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

Programme Facilitator(s)

Loh Ji Kin

Venue

137 Cecil Street
Level 4
Hengda Building
Singapore 069537