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“Failing to Plan is Planning to Fail”. Given the current economic uncertainty, planning an audit of financial statements with an understanding of the risks of the companies is critical. To identify and assess the risks of material misstatements of the financial statements, whether due to fraud or error, you need to have a proper understanding of your client’s business. This is important as it allows you to design and perform appropriate audit procedures to respond to those risks and obtain sufficient appropriate audit evidence to provide a basis of opinion.
This programme is designed specifically to give Auditors valuable insights on the appropriate procedures and actions to be taken when planning an audit assignment. Drawing from his vast audit experience, the Trainer will also share practical tips on how to avoid the common pitfalls during audit planning.
This workshop qualifies for 7.0 CPE hours in Auditing Standards, Pronouncements and Methodology (Category 3).
At the end of this workshop, you will:
Audit Partners, Managers & Seniors
Yeo Ek Khuan
Qualified as a Chartered Accountant with Arthur Young & Co, Australia, Ek Khuan continued his career with Foo Kon Tan Grant Thornton in Singapore, and then with BDO Singapore where he recently retired as a Senior Partner.
Ek Khuan was the Assistant Honorary Treasurer of the Association of Small & Medium Enterprises (ASME), and had represented ASME as a member of the Accounting Standards Council ( ASC ). He was a panel member of the Tax Feed Group of The Inland Revenue Authority of Singapore (IRAS) , and had served on many committees of The Institute of Chartered Accountants of Singapore, such as the Auditing Standards Committee and the Structured Practical Audit Training Committee.
Ek Khuan enjoys sharing his expertise and experience with fellow Audit Professionals in seminars and workshops, and currently lectures in Auditing as an Adjunct Faculty at The Singapore Institute of Technology (SIT).