CATEGORY: EVENTS



ACRA is pleased to be the strategic partner of ISCA's Practitioners Conference 2021. 

This year’s Practitioners Conference emphasises the role of auditors as leaders in the face of change, and the need to respond to change quickly to continuously bring value to stakeholders. Covid-19 provoked fundamental changes and shifts, shaking up historical norms, and inspired new business and operating models. The profession needs to move faster than the change in the business environment and be a partner to businesses’ change agenda. Join us as industry leaders discuss some of these challenging areas facing the profession. The Conference will also drive the important theme of audit quality, an important core of the audit profession. 

Ms Kuldip Gill, ACRA's Assistant Chief Executive (Accounting & Compliance Group), will present a topic titled "Quality Management in the New Norm". COVID-19 has accelerated the implementation of technology in audits, and this has been reflected in revisions to auditing standards and guidance to allow for innovation and deployment of technological audit tools. The changes in the suite of Quality Management Standards will go a long way towards advancing the audit profession, achieving high quality audit engagements, generate value for the stakeholders in the financial reporting ecosystem, and ultimately maintaining public trust. To promote high quality audit, ACRA will be enhancing its audit regulatory regime to widen the scope of inspection powers through amendments to the Accountants Act. ACRA will be sharing the key proposed legislative amendments as well as highlight observations from its firm level and engagement inspections, common and recurring deficiencies, and key reminders to guide the audit profession in upholding high quality audits.

Register for the conference today!




2021/09/23
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