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A highly interactive training course on
International Standard on Assurance Engagements (ISAE 3000)
is To Be Confident in Your Organisation Credibility
Training course overview
Most of the successful organization all over the world now are depending on assurance to build up trust and endorse business relationships, they need to measure, monitor and report on aspects beyond financial reporting, this led the international standard-setters to issue standards and guidance for non-audit assurance services. ISAE 3000 "Assurance engagements other than audits or reviews of historical financial information" is one of the most significant standards has been issued by the IAASB’s International Standard on Assurance Engagement.
This Coventry Academy training course in ISAE 3000 provides you with the skills and techniques to apply professionally the requirements for audits of internal controls, sustainability and compliance with laws and regulations in your organization.
This training course is aimed to develop knowledge and understanding of the process of carrying out the assurance engagement and its application in the context of the professional regulatory framework.
This Coventry Academy training course will feature:
- The Concept and Function of Assurance, Compliance, Corporate Governance, Sustainability, Ethics and Professional Conduct
- The Requirements of ISAE 3000
- Understand the Concept of ISAE 3402 and its Impact on Financial Information of the User Organization
- Assess Misstatements and Analyses Potential Risks
- Quality Control Procedures
- How to be Competent to Perform the ISAE 3000 Assurance Engagement
What are the goals?
By the end of this training course, participants will be able to:
- Guide Assurance Practitioners in Setting an Effective Methodology to Assess a Company’s Internal Processes and Performance Information
- Understand the Concept of Assurance, Corporate Governance, Ethics and Code of Conduct
- Assesses the Risk and Explain How to Manage it
- Apply Quality Control Procedures
- Perform the ISAE 3000 Assurance Engagement
Who is this training course for?
This Coventry Academy training course is suitable to a wide range of professionals, but will greatly benefit:
- Managers in Banks, Insurance Companies and Asset Managers
- Quality Assurance Managers
- Internal Control Managers
- Compliance Officers
- Financial Executives / Managers / Controllers / Directors
- Auditors / Auditing Managers and Reporting Executives / Managers
- Business Development Executives & Managers
- Health, Safety and Environments Mangers
- Strategy & Planning Managers
- Consultants & Governmental Regulators
Course Outline
Day One: Introduction to ISAE
- Introduction of non-Financial information
- Overview on ISAAB & ISAE
- Scope of ISAE
- Objectives of ISAE
- Relationship with the Framework, Other ISAEs, ISAs and ISREs
- Assurance engagements& Quality control in your organization
Day Two: ISAE Requirements
- Ethical Requirements
- Required Planning & Performing the Engagement
- Audit Procedures
- Reporting Requirements
- Quality Control Requirements
- The requirements of Parts A and B for Professional Accountants
Day Three: Assurance Reporting
- Levels of assurance
- Limited assurance engagements
- Preparing the Assurance Report
- Attesting & direct Engagements
- Relationship between ISAE 3000 & international framework for assurance engagements
- Forming the Assurance Conclusion
Day Four: Compliance & Quality Control
- Complying with relevant requirements
- Firm Level Quality Control
- Suitability & Availability of the criteria
- Quantity & Quality of evidence
- Acceptance of a change in the terms of the Engagement
- Competences, Capabilities and Objectively of the Practitioner’s expert
Day Five: Risk Management, Ethics and Governance
- Risk of Material Misstatement
- Engagement Risk
- Roles & Responsibilities
- Enhancing Credibility
- Sustainability reporting
- Case Study
The certificate
*Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course