ΠΕΡΙΓΡΑΦΗ

The aim of the seminar is to present and explain to participants the main principles of a review engagement, which is also known as a limited assurance or negative engagement, conducted after an accountant has completed an audit of a company’s financial statements. It will provide all necessary knowledge and tips in identifying the appropriate opinion to be issued in each case. The ISRE 2400 (revised) provides guidance on performing a thorough but efficient review on audit and other engagements to ensure that the right conclusion is reached without the format of an official opinion being expressed.

ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ

The objective of this seminar is to ensure that all provisions of ISRE 2400 on reviewing financial statements, emphasizing professional ethics, planning, and evidence collection, are reviewed. The seminar will also provide participants with the fundamental differences between audit reviews and review engagements, in terms of the work to be performed and the level of assurance to be provided.

ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ

This seminar would be suitable for accountants and auditors employed in accountancy and audit firms who are involved in the preparation and review of audit and other engagements of various sizes and complexity.

ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ

Seminar Content

Section 1: Assurance Review Engagements

• What is an assurance review engagement?
• Why/when to implement it
• The advantages of assurance review engagements
• Conduct of an assurance review engagement in accordance with ISRE 2400, ethical requirements, engagement level quality control
• Performing the engagement and obtain the required representations

Section 2: Evaluating evidence obtained from the procedures performed

• When and how to modify the audit opinion
• Different types of audit opinion, illustrations
• The assurance review report, use and disclosure
• Questions and Answers

Certification

All participants will be awarded a certificate. Each hour of attendance will account for one unit of Continuing Professional Development (CPD) as required for members of most professional bodies.