Practical Approach to Independent Reviews Course

🎓 Course Title: Practical Approach to Independent Reviews 🚀

Headline: Need to perform Independent Reviews? Master the Essentials! 🌟

Course Description:

An independent review is a critical assurance engagement that differs from a traditional audit by providing a limited level of assurance on the financial statements of an entity. This course will guide you through the practical aspects of conducting independent reviews, which are often chosen for their cost-effectiveness and appropriateness in meeting specific regulatory requirements. With a focus on understanding the regulatory framework set forth by the Companies Act (Act 71 of 2008), this course will take you through the nuances of review engagements, highlighting what sets them apart from full audits and providing you with a comprehensive toolkit to confidently approach these engagements.

What You'll Learn:

• Regulatory Framework: Understand the Companies Act (Act 71 of 2008) and its implications on independent reviews.

• Review Engagements Basics: Learn the fundamentals of review engagements, including the differences from audit engagements.

• Key Differences Between Reviews and Audits: Recognize the distinct characteristics that define an independent review.

• Nature of Review Engagements: Delve into the nature and objectives of review engagements.

• Accepting Review Engagements: Learn how to determine if a review engagement is suitable for your client's needs.

• Planning the Review Engagement: Understand the critical planning stage that sets the tone for an effective review.

• Setting Materiality: Gain insights into establishing materiality levels in the context of a review.

• Review Procedures: Master the procedures involved in conducting a review, including inquiries and analytical procedures.

• Documentation and Evaluation of Results: Learn best practices for documenting your findings and evaluating the results.

• Reportable Irregularity: Identify irregularities that need to be reported as part of the review process.

• Conclusion and Reporting: Learn how to draw conclusions from your review procedures and prepare a report that clearly communicates your findings.

Your Instructor: 🎙️

Daniel van Tonder - A seasoned finance professional with a B-Compt degree in Financial Accounting and a wealth of experience as both a Group Finance Manager and Group Internal Tax Practitioner. Currently, Daniel is enhancing his expertise through a postgraduate diploma in taxation from Unisa. As a registered tax practitioner and an active member of the South African Institute of Taxation, Daniel brings a blend of academic knowledge and practical experience to the course.

Join us for this engaging course on independent reviews and elevate your assurance engagement skills to new heights! 📈🎓