Audits - Review of the Standards

This seminar provides a foundation in the practical application of the Canadian Auditing Standards (CAS) to audit engagements.  Using a case study approach, the course reviews key CAS 540 – Accounting Estimates and Related Disclosures and examines areas identified as common pitfalls by CPA national practice inspection findings.

This seminar provides a solid foundation in the practical application of the Canadian Auditing Standards (CAS) to audit engagements. Participants are given an opportunity to build on their understanding of the standards, with an emphasis on areas identified as common pitfalls in national practice inspection findings. Using a case study approach, participants practice applying the standards to a set of client-specific facts. The case study is based on the audit of a moderately complex for-profit private company. Participants will also explore the key elements of documenting an engagement working paper file including, planning, engagement execution, and reporting. 

Applicable for:
Audit practitioners at all levels of experience, who want to refresh their understanding of the Canadian Auditing Standards and explore applying the standards in a more effective and efficient manner. 

Prerequisites - Knowledge, Experience or Courses
Participants should have some familiarity with the CPA Handbook – Assurance

Learning Objectives
By the end of this course, participants should be able to:

  • Identify common pitfall areas in audit engagements as noted by national practice inspection findings 
  • Demonstrate the application of key CAS requirements using a set of case study facts 
  • Recognize key items to be documented in an audit engagement working paper file 

Content
The topics in this seminar include:

  • Introduction 
  • Audit Quality 
  • Communication with Others 
  • Audit Documentation
  • Acceptance and Overall Audit Strategy 
  • Internal Control 
  • Risk Assessment 
  • Audit Procedures 
  • Conclusion and Reporting 
  • Wrap Up 

Seminar Leader: Bradley Keefe

Presented by PD Partner: CPA Pro

What to Expect

  • This is a Live Virtual Seminar where class size has been limited to allow for an interactive learning environment. 
  • This seminar will not be recorded.
  • Course materials, links and credentials will be emailed to you two business days before the seminar. Once sent, the email will also be found in your Account Communication tab of the CPA Manitoba Member Portal. 
  • Live webinars have varying levels of expected interaction, and some may require webcam and microphone capabilities – if you have concerns about the interaction required for this course, please email [email protected]


CPA Manitoba PD Terms and Conditions 

When
11/13/2023 8:30 AM - 11/16/2023 4:30 PM
Central Standard Time
Online registration not available.

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