Audit Considerations - Accounting Estimates (Oct 24)
Category: Audit | Duration: 1hr | Tag: VODIRE2467 | Type: Video | Course Level: Intermediate | Speaker: Lindsay Webber | Date: 17/10/2024 11:30
Course Details
In an era of complex financial instruments and evolving accounting standards, auditing accounting estimates has become a high-stakes challenge for financial professionals. We have noticed an increase focus on this area in monitoring visits. Are you equipped to navigate the intricacies of fair value measurements, impairment assessments, and other estimates?
This course will arm you with advanced techniques to tackle even the most complex estimates with confidence. Don't let uncertainty in estimates compromise the integrity of your audits – secure your spot now and stay ahead in this critical area of auditing.
This course will equip you with the knowledge and tools to:
- Identify and assess risks associated with accounting estimates
- Evaluate the reasonableness of management's assumptions
- Apply appropriate audit procedures to test complex estimates
- Navigate the requirements of relevant auditing standards
- Communicate effectively with management about estimate-related issues
CPD Course Speaker
OmniPro
Lindsay Webber
As a member of our Practice Support team, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training, technical assistance, and file reviews.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. Altogether, she has over six years external audit experience along with over six years academic experience specialising in Audit and Financial Accounting. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University and graduated with distinction from the MBA course at Trinity College Dublin. She is currently working towards a Diploma in Forensic Accounting through Chartered Accountants Ireland.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. Altogether, she has over six years external audit experience along with over six years academic experience specialising in Audit and Financial Accounting. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University and graduated with distinction from the MBA course at Trinity College Dublin. She is currently working towards a Diploma in Forensic Accounting through Chartered Accountants Ireland.