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Northern Society of Chartered Accountants

At the heart of northern business since 1882

Non-audit work: how to be compliant, cost effective and manage risk with Bill Telford

Date: 7 October 2014 13:30 - 16:30

Type: Audit Assurance and Financial Reporting, Course

Organiser: Tyne and Wear

As fewer firms conduct audits, the accounts preparation and related functions are an increasingly important source of fee income.  They are not, however risk free. Recent ICAEW disciplinary cases have seen firms fined (or accept consent orders) in relation to improperly prepared accounts.


  • Agreeing the terms of engagement
  • Ensuring that an audit is not required
  • Agreeing terms of report
  • Agreeing fees and liability caps
  • Ensuring compliance with ethical standards, including anti-money laundering procedures
  • Determining appropriate procedures
  • Risk assessment
  • Work programmes
  • Reporting
  • To clients
  • To third parties

In addition to a detailed analysis of accounts preparation assignments the course will consider other typical non-audit assignments e.g. tax computations, payroll and management accounts, reports to third parties.

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Ramside Hall Hotel

Ramside Hall Hotel,

Tel No: 0191 386 5282


Bill Telford  – Telford Financial Training Ltd

Bill Telford – Telford Financial Training Ltd

Bill qualified as an accountant with an international big four firm in 1975 and has spent the last 30 years in education and training. In 2000, he joined Baker Tilly as National Training Director and he has served on both the ICAEW Council the Learning & Professional Development Board. He has recently retired as a partner with Baker Tilly and is now trading as a freelance lecturer and training consultant.

How to book

The easiest way to book is online by clicking the button to Book Online at icaew.com – you will be able to log into your account at icaew.com and pay with your debit or credit card.

You can also telephone the ICAEW central events booking team on 01908 248159 and pay over the phone.

Alternatively you can download a booking form or book by email.