This course features highlights of the ISCA Conference 2024 held on 14-15 November 2024.
Synopsis:
ACRA’s inspection activities play a pivotal role in advancing the audit profession, raising audit quality, and fostering greater confidence in the financial reporting ecosystem. ACRA will be sharing observations from the new regulatory quality control inspections on accounting entities, which commenced on 1 July 2023, as well as opportunities for these accounting entities to enhance their system of quality management.
Under the Practice Monitoring Programme, ACRA continues to note recurring inspection findings and urges both accounting entities and public accountants to focus on analysing root causes of the inspection findings, so as to devise an effective remediation plan that will drive continuous improvement in audit quality.
Intended For:
Competency Mapping:
CPE Category 3 = 0.5 CPE Hour
CA (Singapore); Technical Director, Inspection Department, Accounting and Corporate Regulatory Authority
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