In-house Essential Audit Quality
This half day course focuses on quality and how it affects the accountancy firm.
We will look at ISQC 1 which imposes many rules on an audit firm along ISA 220 which deals with quality on audit assignments.
The requirements of these two important standards are covered in full but there is also much practical guidance on applying these standards.
Further IFAC draft standards, consultation papers and guidance are briefly discussed.
Finally we discuss financial statements themselves. Despite today’s advanced software and systems many accounts are still filed with alarming errors. We will look into some reasons why this is occurring.
|“It is the quality of our work which will please God and not the quantity.”
|“Just make up your mind at the very outset that your work is going to stand for quality… that you are going to stamp a superior quality upon everything that goes out of your hands that whatever you do shall bear the hall-mark of excellence.”
Orison Swett Marden
The Contents of the Essential Audit Quality Course
• International Standard on Quality Control 1 (ISQC1)
• International Standard on Auditing 220 (ISA 220)
• Quality Control for an audit of Financial Statements
• Practical Advice from a Quality Control Reviewer
• IAASB Focuses on Audit Quality Assurance
• You are judged by your Financial Statements
• Definitions taken from ISQC1 and ISA 220
Essential Audit Quality Course Delivery
We take an open friendly and enthusiastic approach to learning finance. We believe that people learn more effectively when they are enjoying themselves. We make finance interesting for you. We love questions and welcome as many as possible.
We encourage an open atmosphere which in our experience accelerates the learning process. We always use lots of exercises, case studies and real life examples in our training as we believe this really helps our clients to understand concepts.
We find that people only really learn when they test their understanding through practice. We offer traditional training, facilitation, interactive simulations, coaching and online training.
Tailored Accountancy Courses
All our courses are tailored to meet our client’s specific needs. We like to spend time getting to know our clients as we strongly believe that training is most effective and valuable when tailored and focused.
In-house Essential Audit Quality Training
Our training can be held within your office or an external venue of your choice.
We can also secure venues on your behalf through our venue sourcing agency.