• Home
  • Audit Leaders: Going concern

Audit Leaders: Going concern


During this session we will delve into efficient ways to tackle going concern while satisfying the levels of risk for the audit.

**NOTE**The Audit Leaders series has been prepared in line with international audit and reporting standards. Those webinars that contain references to Australian standards (i.e., AASB, or ASA) are in line with international equivalents (IFRS, ISA and IAS).



Content Description:



The level of work carried out on going concern procedures is often a balancing act, requiring auditors to determine what level of testing and documentation is needed to ensure that requirements are being met.

During this session we will delve into efficient ways to tackle going concern while satisfying the levels of risk for the audit.



Learning Outcomes:



Upon satisfactory completion of this webinar series you will be able to:

  • Develop practical outlook on the efficiencies that can be gained when tackling going concern
  • Equip to assess and document management's cash flow forecasts and budgets efficiently within your audit


Benefits:



Attendees will have the tools to assist in maintaining quality audit engagements through the use of practical issues and examples.

Jane Bowen leads the National Professional Standards team at BDO in Australia which is responsible for providing support to the audit service line in the areas of audit, financial reporting, quality, risk and independence. This includes development and implementation of policies and procedures to enable performance of high quality audits on a consistent basis.


EVENT DETAILS


Topic: Audit & Assurance

Sub-Topic: Financial Statement Audit

Format: Recorded Webinar

Proficiency Level: Intermediate, Advanced

CPD: 1 hours