Auditing Financial Statements - Essential Update & Best Practice

Introduction

This webinar will summarise all the key developments and major issues in completing audit work in accordance with the most current statutory audit requirements. The session will focus on the areas of widest importance to those involved in the audit of mainly SME clients.

What You Will Learn

This webinar will cover the following:

• The contents and requirements of any new technical information issued by regulators such as the FRC, ICAEW, ICAS, ICAI and ACCA - including updated and revised ISAs and Practice Notes
• The current key issues arising from inspection visits of auditors performed by professional bodies and also the FRC (and their successor organisation)
• Key audit issues arising from changes in financial reporting requirements including changes to FRS and company law
• The emerging best practice by looking at how other firms are responding to changing requirements
• The required record keeping and procedural responsibilities that are imposed on the auditor