Group Package at 10% off (Register for 3 or more pax and enjoy the special rate!)
Programme Objective
Building further on the concepts and knowledge highlighted in PAW–AWP, and designed specifically for the reviewers and those tasked with supervising the audit engagement, PAW–SAR aims to provide practical guidance for those experienced audit personnel tasked with the audit engagement management responsibility.
Programme Outline
At the end of the 4-day PAW–SAR, participants will be able to:
- Recognize the role, ethical and professional requirements and responsibilities of the various levels of audit engagement team members and be able to coach the audit staff in the compliance with those requirements;
- Recognize and be able to resolve common ethical challenges and dilemmas;
- Understand the key audit concepts and requirements through the various audit case study examples:
- Audit risk model and risk of material misstatements
- Audit procedures in response to risk identified
- Audit judgment and conclusion;
- Understand and apply the relevant audit concepts and documentation techniques in the audit process, such as:
- Staff selection and assignment of responsibilities;
- Risk assessment and appropriate responses;
- Evaluation of audit exceptions and alternative audit procedures;
- Review of audit work paper, best practices, common weakness and practical challenges;
- Evaluation of the sufficiency and appropriateness of audit evidence gathered by the engagement team, applying sufficient rigour and challenge to the audit evidence obtained and documentation on file;
- Provision of adequate supervision over the audit staff/ engagement team members during the audit process on a timely basis;
- Consultation and quality control process over audit engagement;
- Understand and apply the concept of audit procedures and documentation requirements in relation to the audit completion process, such as communication with management, evaluation of corrected and uncorrected misstatements, audit conclusion, etc.; and
- Understand and apply the best practices in improving the overall audit efficiency and effectiveness.
Closing Date for Registration
1 week before programme or until full enrolment
If the registration is closed, please contact cpe@isca.org.sg if you wish to be notified when the next intake is opened for registration.
Assessment
Assessments will be conducted during mid and end of workshop.
Rescheduling of Assessment Date
Participants can request for a rescheduling of assessment date. An administrative fee of $53.50 (including GST) will be payable. This fee will be waived if the rescheduling is due to medical or compassionate reason. Please provide relevant supporting documents.
Re-assessment
Participants who do not score an overall pass for the assessments can request for a re-assessment. An administrative fee of $107.00 (including GST) will be payable. A re-assessment will be arranged within 14 working days from the last day of the course. Participants may attempt the re-assessment once only.
Click PAW homepage for details on Practical Audit Workshop.
Intended For
This PAW-SAR workshop is specially designed for reviewers of small and medium-sized public accounting firms (SMPs) and those tasked with supervising the audit engagement with a minimum of 4 years of practical audit experience.
Schedule & Fees
Testimonial
Funding
No funding Available!
Programme Facilitator(s)
Group Package at 10% off (Register for 3 or more pax and enjoy the special rate!)
Programme Objective
Building further on the concepts and knowledge highlighted in PAW–AWP, and designed specifically for the reviewers and those tasked with supervising the audit engagement, PAW–SAR aims to provide practical guidance for those experienced audit personnel tasked with the audit engagement management responsibility.
Programme Outline
At the end of the 4-day PAW–SAR, participants will be able to:
- Recognize the role, ethical and professional requirements and responsibilities of the various levels of audit engagement team members and be able to coach the audit staff in the compliance with those requirements;
- Recognize and be able to resolve common ethical challenges and dilemmas;
- Understand the key audit concepts and requirements through the various audit case study examples:
- Audit risk model and risk of material misstatements
- Audit procedures in response to risk identified
- Audit judgment and conclusion;
- Understand and apply the relevant audit concepts and documentation techniques in the audit process, such as:
- Staff selection and assignment of responsibilities;
- Risk assessment and appropriate responses;
- Evaluation of audit exceptions and alternative audit procedures;
- Review of audit work paper, best practices, common weakness and practical challenges;
- Evaluation of the sufficiency and appropriateness of audit evidence gathered by the engagement team, applying sufficient rigour and challenge to the audit evidence obtained and documentation on file;
- Provision of adequate supervision over the audit staff/ engagement team members during the audit process on a timely basis;
- Consultation and quality control process over audit engagement;
- Understand and apply the concept of audit procedures and documentation requirements in relation to the audit completion process, such as communication with management, evaluation of corrected and uncorrected misstatements, audit conclusion, etc.; and
- Understand and apply the best practices in improving the overall audit efficiency and effectiveness.
Closing Date for Registration
1 week before programme or until full enrolment
If the registration is closed, please contact cpe@isca.org.sg if you wish to be notified when the next intake is opened for registration.
Assessment
Assessments will be conducted during mid and end of workshop.
Rescheduling of Assessment Date
Participants can request for a rescheduling of assessment date. An administrative fee of $53.50 (including GST) will be payable. This fee will be waived if the rescheduling is due to medical or compassionate reason. Please provide relevant supporting documents.
Re-assessment
Participants who do not score an overall pass for the assessments can request for a re-assessment. An administrative fee of $107.00 (including GST) will be payable. A re-assessment will be arranged within 14 working days from the last day of the course. Participants may attempt the re-assessment once only.
Click PAW homepage for details on Practical Audit Workshop.
Intended For
This PAW-SAR workshop is specially designed for reviewers of small and medium-sized public accounting firms (SMPs) and those tasked with supervising the audit engagement with a minimum of 4 years of practical audit experience.
Programme Facilitator(s)
