5 Things to Consider in Taking on a New Audit Client
Category: Financial Reporting | Date: 25/09/2024 15:30 | Duration: 1hr | Tag: SEFEIE24D2S6| Type: Webinar | Speaker: Lindsay Webber
Taking on a new audit client can be quite a daunting exercise and there are several issues that you need to consider as part of the client onboarding and acceptance process. In this webinar we will discuss the ethical issues (including independence) that you need to consider in taking on a new audit client. We will discuss obtaining professional clearance, what to expect and what to do if you don’t hear back from a previous auditor. As part of the professional clearance process you may view the prior year audit file. We will discuss what you should look out for and what you can and cannot do in this stage. We will also cover engagement letters and documentation of the client acceptance on the audit file.
Lindsay Webber will cover the following topics during this webinar:
By attending this session, you will improve your decision making and documentation in taking on new audit clients.
This session will be of particular interest to auditors.
Course Level: Advanced
Lindsay Webber