Bodies Corporate - Auditing and Tax Considerations

Price:
R476.10 (VAT Incl.)
Level:
Auditors
Sub-level:
Bodies Corporate
Lecturer:
Tristan David-Crewe White
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


Body corporates are high risk engagements for auditors, as multiple sets of legislation affect the accounting function and become relevant for audit.

Are you including these accounting implications in your scope of audit work and appropriately reporting on the compliance aspect of a body corporate in your audit report?

Identify and clarify the audit requirements of a body corporate, including the compliance audit aspect and what your auditor reporting requirements are.
Discuss the phases of the engagement and key things to look out for as part of preparing your working papers, in terms of:
- Pre-engagement
- Planning
- Execution
- Finalisation
The income tax considerations will be discussed with simple examples to illustrate.