Demystifying Professional Scepticism: Challenging Information and Assertions given by Management
This course can be delivered to your organisation as part of our bespoke Corporate Training Solutions, at your own time and your own convenience. Contact us on email@example.com or call us on +356 2563 6363 or on +356 9963 6363 for more information on how we can take care of your organisation’s training needs.
This workshop seeks to give a better understanding of the importance of adopting an inquisitive mind on an audit, questioning assertions, documents or representations made to the audit team in the course of the audit, when the information being given appears to be suspect. It focuses on the need to address Management bias while going beyond the obvious, and delving deeper into data analytics (financial or otherwise). The session will also look at the use of other tools to test the reasonableness of the balances as stated in the FS in order to establish the extent to which the FS could be materially misstated or otherwise.
This session is relevant to accountants, employees in finance functions, internal auditors, students of auditing and other employees who are somewhat involved in dealing with auditors of financial statements.
The objectives of the session will be:
- To understand the importance for auditors to adopt an inquisitive approach in an audit;
- To explore the use of data analytics in the audit process and how they can be used to improve audit efficiency;
- To assess how other tools can be used to provide a comprehensive audit testing approach.
Venue: Kindly contact us on firstname.lastname@example.org to indicate your preferred training method; online or in-person.
CPE Hours: This course qualifies for 4 hours of Structured CPE which can be classified as Core Competency. A certificate of attendance will be provided at the end of the session.
Marcel Coppini, Member of the ACCA advisory Group Malta at ACCA
Marcel Coppini is a fellow of the Association of Chartered Certified Accountants (ACCA) and a fellow of the Malta Institute of Accountants. He had a vast and diversified audit career, spanning over forty two years. He moved from one of the leading Big 4 firms, to take key financial and managerial roles in Industry. After 12 years, he went back to his roots in 2006, setting up and heading the Quality Assurance Unit, which he headed, until he retired in 2016.
Since 2016, he has been practising as a freelance Audit Quality, Corporate Governance, and Ethics, consultant for small and medium sized audit entities. He seeks to assist audit practices and their audit teams, to cope better with the challenges brought about by the EU audit reforms which triggered off a total overhaul of the audit regulatory and legal framework and a total revamp of the International Standards on Auditing.
Other than carrying out external hot and cold reviews and Compliance review engagements for audit entities, he organises a series of interactive audit training workshops. These focus on remedying the more common pitfalls arising from monitoring visits carried out by the Audit Regulator.
Mr Coppini penned a number of technical articles for publication, both locally and overseas. He has been the speaker at a number of Audit Quality Assurance seminars in Malta and abroad, addressing Public Oversight conferences and seminars. Between 2012 and 2018 he was an elected member of the International Assembly of ACCA.
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- Guided Learning 4 hours
- Language English