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Audit Leaders: Use of experts


During this session, we explores the positive and negative practicalities that you need to consider when relying on an expert for your audit procedures

**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:



With the increased complexities of business transactions that clients are entering, auditors are often forced to rely on experts to guide them through the risky areas of the audit. Whether it be management's or auditor's experts, do you have the confidence in relying on a report that's outside your expertise?

During this session, we explores the positive and negative practicalities that you need to consider when relying on an expert for your audit procedures.



Learning Outcomes:



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

  • Identify the advantages and disadvantages when dealing with management's experts and experts that you have engaged.
  • Identify the correct tools to assist you in documenting your considerations and findings based on expert reports within your audit files


Benefits:



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

Jackie Russell-Green is a Technical Associate with BDO. Jackie has over a decade of experience in financial reporting and specialises in the application of New Zealand equivalents to International Financial Reporting Standards and Public Benefit Entity Accounting Standards. Jackie’s clients have come from a wide cross-section of industries including not-for-profits, public sector (both central and local government), financial services, utilities, manufacturing, tourism and agriculture.


EVENT DETAILS


Topic: Audit & Assurance

Sub-Topic: Financial Statement Audit

Format: Recorded Webinar

Proficiency Level: Intermediate, Advanced

CPD: 1 hours