Northern Society of Chartered Accountants

Review latest requirements of financial reporting, auditing and ethical standards plus feedback from QAD practice assurance issues practice.

Give practical guidance on current implementation issues.

After a period of mainly financial reporting update courses this course will include a major audit update and practice. Non-audit issues will be covered in the first half, enabling delegates who are not registered auditors the course at coffee break.

Course information

Content will include:

• FRS 102 and 105 in practice
  – Triennial review the latest
  – Feedback from QAD and file reviews
  – Practical problem areas
• FRC Ethical Standards in practice
• ISQC 1 and its impact on your firm wide procedures
• Audit implications of new UK GAAP and triennial review
• Practical impact of revised ISAs
  – Auditing disclosures
  – Going concern
  – Reporting
  – Auditing small and micro businesses
• Developments in audit practice – bank letters, data analytics
• Audit compliance reviews and root cause analysis

This course is designed for partners and staff involved in preparing and auditing financial statements.

Cost