1. finance
2. accounting and auditing

Boot Camp - Winter 2015
Two Day Workshop for Financial Statement Preparers and Auditors
iAudit is proud to present this intensive, hard hitting and interactive two day workshop for all
auditors and financial statement preparers, designed specifically to address the current hot
issues facing our profession.
iAudit offers you effective solutions and skills that make your financial statement preparation
and audit work easier.
Our training and tools aim to support the tasks you face
with practical solutions you can apply. iAudit recognises your need for different products,
tailored to your experience, whether in public practice, commerce or public sector.
Improve the quality of your financial statement preparation and audit processes with costeffective support from the experienced training team at iAudit.
“ASIC con*nues to remind auditors they are important gatekeepers who are relied upon to provide assurance and market confidence in the quality of financial reports. Auditors who fail to adequately perform their du*es will be held to account. Our 2015 Boot Camp is designed to provide assistance with managing this risk”. “The roles of preparers and auditors have separate responsibili*es but are interdependent. Our Boot Camp focuses on the necessary communica*ons and side-­‐by-­‐side working framed into a dynamic, interac*ve training experience”. David Sauer, FCA
Michael Cain, FCA
The Winter 2015 iAudit National Tour
Please note that you may register for a single day or for both.
Brisbane :
5 & 6 May 2015 at Brisbane Marriott Hotel
Perth :
26 & 27 May 2015 at Perth Fraser Suites
Sydney :
10 & 11 June 2015 at Sir Stamford at Circular Quay
Melbourne :
23 & 24 June 2015 at InterContinental Melbourne The Rialto
Program
This boot camp series is for people in financial reporting, governance or audit roles. It shows you
how, through knowledge and teamwork, to produce effective and compliant documents supporting
audited financial statements.
Day 1
Session
Time
Program & Topic
8.50
9:00
Welcome and introduction
1
9:00
10:30
2
10:30
10:45
10:45
12:45
3
12:45
1:30
1:30
3:30
Tales from the eternal triangle
Understand why ASIC sought changes in 2014 published financial statements, and
where did responsibility lie amongst financial statement preparers, the Board, and the
auditors?
Morning tea
Revenue – now and ahead
How an understanding of the weaknesses in current application and audit of revenue
recognition and revenue disclosure will aid the preparation process for the significantly
different AASB 15.
Networking lunch
Case studies in applying standards
For example, what are the 2015 impairment trigger changes and issues? What do
recent statements tell us about where disclosures often need more work and where
they can be simplified?
3:30
3:45
3:45
4:45
4:45
6:00
4
Afternoon tea
Financial reporting developments
Briefing on the changes applicable for June 2015 reports and beyond.
Sundowner networking drinks
Day 2
Session
1
Time
9:00
10:45
10:45
11:00
2
11:00
1:00
3
1:00
1:45
1:45
2:30
2:30
3:30
3:30
3:45
3:45
4:30
4
4:30
Program & Topic
Audit evidence, assertions, documentation, and conclusions
The foundation of any audit is the evidence gathered and evaluated by the auditor. The
auditor must have the knowledge and skill to accumulate sufficient appropriate audit
evidence. We will at look how to get the right balance of your documentation.
Morning tea
Integrating audit sampling, audit risk and materiality
Understanding the interaction of audit risk, materiality and appropriate sampling
techniques helps choosing the best audit approach and avoids “killer” documentation
errors. We will clarify the difference between “selecting items for testing” (judgemental
testing ) and appropriate “sampling” procedures.
Networking lunch
The revised audit reporting model
Why and how auditors and their clients need to adapt now for “key audit matters” in the
public domain. We aim to distinguish key audit matters from other matters reported to
Those Charged with Governance.
Fraud auditing
Auditors need to develop an investigative eye toward fraud activities. We will provide
some tips and tools.
Afternoon tea
Latest developments in auditing and assurance rules
What to incorporate in your files.
Close
Why Attend?
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See how to address issues holistically in the “real-world” context
Learn through working on issues in depth
Discuss the issues in the context of relevant case studies
Keep up to date AND lift your reporting / audit skill level
Take-away materials and ideas that relate to your accounts and work papers
Your Takeaways
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Handy one-page flowchart explains the choices for audit testing approach
Permanent reference infographic explaining the risk – materiality – evidence relationship
Tips on avoiding time-consuming traps
Workshop material taking you beyond the headlines and dot points
Opportunities to discuss your questions with the two presenters
Informed commentary on regulator opinions and your possible responses to risks
Your Presenters
Michael Cain
B. Com. (Hons), FCA
Michael Cain provides expert advisory services through his independent consulting
practice specialising in GAAP, GAAS, litigation support, risk management, quality
assurance reviews, and technical training. He has over 34 years’ experience as a
Chartered Accountant and is a registered company auditor, and was previously senior
audit partner with Coopers & Lybrand (now PWC) and National Accounting and Audit
Technical Director for Nexia Australia and New Zealand. Michael is a member of the ICAA
Quality Assurance Review Team and provides quality assurance assistance to the ANAO
and other State Auditor Generals. He has assisted a number of auditors with their ASIC
inspections.
David Sauer
B. Com., FCA
David Sauer specialises in providing independent advice and training to accounting firms
and corporates. His services include professional development, opinions on application of
standards, and quality assurance as well as external financial audit. He is a registered
company and SMSF auditor, and is well known through 26 years of presentations on
financial reporting and auditing for accounting bodies and training organisations.
Before establishing his own practice he was an audit manager with Moore Stephens. He
is the author of various technical guides and a regular contributor to professional journals.
David is a member of the Companies Auditors and Liquidators Disciplinary Board.
Registration Form and Tax Invoice
Two Day Winter Boot Camp 2015
Your Details
Title: ___________ First Name: __________________________ Surname: _________________________
Position: _________________________________________________________________________________
Company: ________________________________________________________________________________
Address: _________________________________________________________________________________
Suburb: ________________________________ State: _______________________ Postcode: _________
Phone – Office: ____________________________ Mobile: _______________________________________
Fax: _____________________________ Email: ________________________________________________
Venues
Brisbane:
5 & 6 May 2015 at Brisbane Marriott
Perth:
Sydney:
Melbourne:
26 & 27 May 2015 at Perth Fraser Suites
10 & 11 June 2015 at Sir Stamford Circular Quay
23 & 24 June 2015 at InterContinental Melbourne The Rialto
CPE Hours
Cost per person
Total Cost
($ incl. GST)
($ incl. GST)
Day 1
6.5 hours
$595.00
Day 2
6.25 hours
$595.00
Package
No. of Participants
Total
Name of Participants
Day 1
Day 2
Email Address
Global Brand Management Pty Ltd
ABN 71 078 474 585
Payment Details
Cheque payable to “Global Brand Management”
Visa
Mastercard
American Express
Card Number:
Direct Deposit
Account Name: Global Brand Management Pty Ltd
BSB: 063 103
Account Number: 1031 5538
Expiry Date:
Cardholder Name:
Signature:
This document is your tax invoice upon payment.
Please complete and send:
Fax to 03 9889 5097
Email [email protected]
Mail PO Box 264, Ashburton, Vic. 3147
Contact Details
For further information, please contact :
Judy Cain
Director
Global Brand Management Pty Ltd
Phone : 03 9889 5096
Fax :
03 9889 5097
Mobile : 0405 187 009
Email : [email protected]
Terms and Conditions
Program: All details of this program including nominated speakers are confirmed and correct at time of printing, however may change due
to unforeseen circumstances. Global Brand Management Pty Ltd reserve the right to amend speaker and / or program details
Confirmation: Written confirmation will be forwarded to you on receipt of registration and processing of payment.
Cancellation: Refund requests will be accepted for cancellations confirmed in writing outside of five (5) working days of the commencement
of Day 1 of the program. For cancellations within the five (5) working day period, substitute delegates will be accepted but is not subject to
refund nor transferrable to another training session or service.
Privacy notification: Global Brand Management Pty Ltd abide by the Privacy Amendment (Private Sector) Act 2000 and all information
provided by you on this form is protected under this Act.
Global Brand Management Pty Ltd
ABN 71 078 474 585