THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)
ISA 200- Quality Management for An Audit of Financial Statements webinar
Date: 2nd February 2023
Time: 04.00pm-06.00pm
Venue: Online
Overview
ISA 200 deals with the independent auditor’s overall responsibilities when conducting an audit of financial statements in accordance with ISAs. The standard sets out the overall objectives of the independent auditor, and explains the nature and scope of an audit designed to enable the independent auditor to meet those objectives. It also explains the scope, authority, and structure of the ISAs, and includes requirements establishing the general responsibilities of the independent auditor applicable in all audits, including the obligation to comply with the ISAs. The standard is effective for periods beginning on or after 15 December 2009. The International Auditing and Assurance Standards Board (IAASB) makes it clear that an understanding of ISA 200 is crucial to auditors as it sets out how the objectives, requirements, application, and explanatory material contained in all ISAs are to be understood and applied. It is on this background that ICPAK has organized this important webinar to have an in-depth discussion on this ISA and its relation to the associated standards and Quality Management in Audit of Financial Statements. The following key topics will drive the discussion during this important webinar.
- Scope of ISA 200, authority, and structure
- Requirements of ISA 200
- Implementation guide for ISA 200
- Engagement performance
- Monitoring and remediation
- Objectives and key definitions
- Leadership responsibilities for managing and achieving quality.
- Ethical requirements in quality management (RER)
- System of quality management
- Risk assessment process
- Professionalism skepticism and judgment
- Sufficient appropriate audit evidence and audit risk
Target Audience
This webinar will be useful to all professional Accountants and those aspiring to join the profession
Continuous Professional Development Units (CPD Units):
Members of ICPAK and reciprocating professional bodies will be awarded 2 CPD Units upon successfully attending each of the sessions.
Cost:
Charges for the training will be Kes 1,000/= which will cover workshop fees, materials, and e-certificates of attendance.
Online Booking:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events and will close two hours before the training session. Delegates are reminded to note that online booking for training sessions is mandatory. This is available either online at www.icpak.com/events or on the ICPAK Live – A smart phone-based application that is available from google store.
National Industrial Training Authority (NITA) Reimbursement:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
