Current state and future of the auditing profession

Price:
R659.64 (VAT Incl.)
Level:
Auditors
Sub-level:
Auditing
Lecturer:
Yvonne Rossouw
Duration:
180 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


The current public sentiment is quite negative towards the audit profession, especially so in South Africa. Corporate failures, scandals and state capture has impacted on public perception. The expectation gap is growing, and it seems like there is no way to bridge the gap.
Recent inspection findings echo this sentiment. Whether locally or globally, there is a call for auditors to improve the quality of their work to serve the public’s interest.
Join us in this informative session as we discuss the current issues facing the audit profession and how we can help to rebuild the profession, whether as individual auditors, firms, academics or regulators.

2021 IRBA Inspection findings summary
Comparison between 2021 findings and the last inspection cycle
Global inspections findings
Global and local auditors under scrutiny
Impact of technology on the auditor
Root cause analysis – What are we doing wrong
Remedial process – How can we improve?
Remedial actions from regulators locally and globally