AC Pit Stop on FRSP and AQIs
This Pit Stop will cover two of ACRA’s key regulatory programmes, the FRSP and the AQIs Disclosure Framework, targeted at helping audit committees raise the quality bar of financial reporting and audit in Singapore.
With ACRA commencing its third FRSP review cycle in 2017, hear first-hand from the regulator:
- Case studies developed from real-life cases with
practical tips on how audit committees could detect red flags and pick
up potential irregularities in financial statements; and
- “Restatements-first” policy and other revised FRSP processes taking
place from 1 April 2017 geared towards involving more stakeholders in
the review process.
ACRA will also share insights into its AQIs disclosure framework introduced in 2015 to help audit committees better evaluate and select the right auditor. This session will cover:
- How ACRA uses the framework as part of its audit
oversight, and its relevance to audit committees in evaluating the
quality of an audit.
- How audit committees should interpret the AQIs results vis-à-vis the targets set by ACRA.
- Questions audit committees should ask their auditors on the AQIs.
CPD Hours : 2
Terms and Conditions for SID Courses/Events
Online registration not available.