Watch a qualified CPA instructor teaching the course and access a copy of the same course material that is provided to attendees of an in-person session. 

After registering for a Video on Demand course, CPA Saskatchewan will send you information on how to access the course within 2 business days.

Click HERE for more information on Video-On-Demand courses.

OBJECTIVE:
Auditing simple entities has been, and continues to be, a challenge for practitioners as they struggle to balance the application of the Canadian Auditing Standards (CAS) while still conducting an efficient and effective audit.  Through the use of case studies, practical examples and interactive discussions, this seminar will provide auditors with a better grasp of CAS requirements along with how to apply the standards in a practical way in the audit of a simple, or less complex, client.

Key concepts of the CASs and their application will be reviewed, taking into consideration unique aspects specifically related to the characteristics of a simple entity.  Using case studies and practical examples along with the opportunity to ask questions and participate in interactive discussions, this course will review various alternatives in meeting the CAS requirements resulting in more effective and efficient engagements.  The seminar will also provide exposure to recent discussion papers related to the audit of simple entities, or as they are now referred to, less complex entities.

WHO WILL BENEFIT: 
Participants should be familiar with the Canadian Auditing Standards.  The material does not review all standards. It focuses on those standards practitioners have identified as challenging to apply in the audit of a simple entities. A strong working knowledge of the standards will help to ensure that the material is not taken out of context.  

LEARNING OUTCOMES:
By the end of this course, participants will be able to:

• interpret CASs in the context of a simple entity,
• identify challenges in applying the CASs in the audit of a simple entity,
• recognize opportunities for efficiencies,
• select appropriate tools and templates to meet documentation standards.
• apply case study facts to the audit of other client engagements, and
• design and perform appropriate audit procedures to address the risk of material misstatement.

PREREQUISITES:
Participants should be familiar with the Canadian Auditing Standards.  The material does not review all standards. It focuses on those standards practitioners have identified as challenging to apply in the audit of a simple entities. A strong working knowledge of the standards will help to ensure that the material is not taken out of context.