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    Enhancement Series: SMP Audit Skills

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    ahmednawazee
    This document provides information about a 4-day training workshop on enhancing audit skills for small and medium practices being held by the Institute of Chartered Accountants of Pakistan. Over the course of the training, speakers will provide guidance on various topics related to external audit including client acceptance, risk assessment, internal controls, sampling techniques, documentation standards, and audit reporting. The training aims to strengthen audit fundamentals and refresh principles for accountants at small and medium firms. It will be held in Lahore with virtual connectivity to other cities and provide over 30 hours of continuing professional development credits to attendees.

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    Enhancement Series: SMP Audit Skills

    Uploaded by

    ahmednawazee
    8 views9 pages
    This document provides information about a 4-day training workshop on enhancing audit skills for small and medium practices being held by the Institute of Chartered Accountants of Pakistan. Over the course of the training, speakers will provide guidance on various topics related to external audit including client acceptance, risk assessment, internal controls, sampling techniques, documentation standards, and audit reporting. The training aims to strengthen audit fundamentals and refresh principles for accountants at small and medium firms. It will be held in Lahore with virtual connectivity to other cities and provide over 30 hours of continuing professional development credits to attendees.

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    SMPskillenhancementseriesnew

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    This document provides information about a 4-day training workshop on enhancing audit skills for small and medium practices being held by the Institute of Chartered Accountants of Pakistan. Over the course of the training, speakers will provide guidance on various topics related to external audit including client acceptance, risk assessment, internal controls, sampling techniques, documentation standards, and audit reporting. The training aims to strengthen audit fundamentals and refresh principles for accountants at small and medium firms. It will be held in Lahore with virtual connectivity to other cities and provide over 30 hours of continuing professional development credits to attendees.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    8 views9 pages

    Enhancement Series: SMP Audit Skills

    Uploaded by

    ahmednawazee
    This document provides information about a 4-day training workshop on enhancing audit skills for small and medium practices being held by the Institute of Chartered Accountants of Pakistan. Over the course of the training, speakers will provide guidance on various topics related to external audit including client acceptance, risk assessment, internal controls, sampling techniques, documentation standards, and audit reporting. The training aims to strengthen audit fundamentals and refresh principles for accountants at small and medium firms. It will be held in Lahore with virtual connectivity to other cities and provide over 30 hours of continuing professional development credits to attendees.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    Organized by

    Small and Medium Practices


    Committee (SMP) OF ICAP

    CPD
    Hours:

    30

    SMP AUDIT SKILLS


    ENHANCEMENT SERIES
    …………………………………………….......................... ……………………………………………..........................

    June 16, 2023 & June 17, 2023 ICAP Lahore


    July 07, 2023 & July 8, 2023 with VC connectivity to ICAP
    offices ( Multan, Faisalabad and
    2:00 PM to 9:00 PM Friday
    Gujranwala)
    9:00 AM to 5:00 PM Saturday
    About the Workshop

    The Institute of Chartered Accountants of Pakistan (ICAP) is fully


    committed to supporting Small and Medium Practices (SMPs) in
    enhancing their skill sets. After successfully training more than 700
    participants across Pakistan last year, SMP Committee of ICAP is again
    holding SMP Skill enhancement series training this year for capacity
    building of members and trainee students. This training will take place at
    ICAP Lahore, with the added convenience of virtual connectivity to
    ICAP offices in Multan, Faisalabad, and Gujranwala, on June 16th and
    17th, as well as July 7th and 8th, 2023.

    This training program will concentrate on a range of concepts related to


    external audit, encompassing client acceptance, the conclusion stage,
    and reporting. The primary objective is to strengthen and refresh the
    fundamental principles and stages of external audit for SMP partners,
    qualified or partially qualified staff of SMPs, as well as other members,
    including those aspiring to establish their own practice. We have invited
    a distinguished panel of speakers who are esteemed experts in this field.
    Over the course of four days, these speakers will provide valuable
    insights and share their practical experiences. The training will be
    delivered through engaging presentations, interactive discussion
    sessions, and thought-provoking case study scenarios.

    The brochure for the workshop is included herewith for your reference.
    We are pleased to inform you that all attendees of the training will be
    provided with a certificate of participation. Furthermore, participants will
    be eligible to receive 32 CPD hours, signifying valuable learning from the
    training program.

    WHO CAN ATTEND?

     Partners of SMP firms


     Qualified member working in firms
     Any other member who is interested in the topic
     Students and part qualified staff of firms
    AGENDA - DAY 1 JUNE 16, 2023
    TIME PROGRAM
    Program Objectives
    02:25 pm- 02:30 pm Asad Feroze, FCA
    Vice President & Chairman SMP Committee ICAP
    Opening Keynote Address
    02:30 pm – 2:45 pm Jafar Husain, FCA
    Former President ICAP

    AML Requirements
    02:45 pm – 03:15 pm Raheel Rahman, FCA
    Head of Anti-Money Laundering ICAP
    Client Acceptance
    03:15 pm – 03:45 pm
    Farooq Hameed, FCA
    Member NRC ICAP
    Professional Ethics
    03:45 pm – 04:30 pm Farooq Hameed, FCA
    Member NRC ICAP

    Audit Planning & Risk Assessment


    04:30 pm – 05:20 pm Amin Ali, FCA
    Partner Crowe Hussain Chaudhury
    & Co.

    05:20 pm – 05:30 pm Asar Prayer Break

    Audit Planning & Risk Assessment


    05:30 pm – 06:00 pm Amin Ali, FCA
    Partner Crowe Hussain Chaudhury & Co.

    Preliminary review, analytical review


    06:00 pm- 06:30 pm Imran Bashir, FCA
    Partner, Rizwan & Co.

    Estimates
    06:30 pm- 07:00 pm Azhar Iqbal, FCA
    Director Audit and Assurance, KPMG Taseer
    Hadi & Co.

    07:00 pm- 07:20 pm Case Study Scenario


    Director, KPMG Taseer Hadi & Co.
    07:20 pm- 07:30 pm Magrib Prayer Break

    07:30 pm- 08:00 pm Case Study Scenario


    Director, KPMG Taseer Hadi & Co.

    08:00 pm- 08:45 pm Session Closing & Discussion


    Mohammad Awais, FCA
    Council Member ICAP
    08:45 pm Dinner
    AGENDA - DAY 2 JUNE 17, 2023
    TIME PROGRAM

    09:05 am- 09:15 am Opening Remarks


    Mr. Mohammad Maqbool, FCA
    Council Member, ICAP

    09:15 am- 10:35 am Internal Controls (Design & Effectiveness)


    Abdullah Fahad, FCA
    Partner, EY Pakistan
    10:35 am – 12:00 am Audit Sampling, Cut-off, Inventory Count
    Abdullah Sarwar, ACA
    Senior Manager, EY Luxemburg

    JV Testing & 3rd Party Confirmation


    12:00 am – 01:00 pm Abdullah Sarwar, ACA
    Senior Manager, EY Luxemburg

    01:00 pm – 02:00 pm Prayer & Lunch Break

    Substantive Procedures
    02:00 pm- 03:00 pm Muhammad Nasir Muneer, FCA
    Partner, Crowe Hussain Chaudhury & Co.

    03:00 pm- 03:30 pm Analytical Procedures


    Adnan Rashid, FCA
    Partner, Rahman Sarfaraz Rahim Iqbal Rafiq & Co.

    03:30 pm- 04:50 pm Case Study Scenario


    Adnan Rashid, FCA
    Partner, Rahman Sarfaraz Rahim Iqbal Rafiq & Co.

    04:50 pm- 05:05 pm Quiz no 1

    05:05 pm- 05:15 pm Session Closing & Discussion


    Mr. Zeeshan Ijaz, FCA
    Council Member, ICAP
    AGENDA
    AGENDA- -DAY
    DAY3 3 JULY 7, 2023

    TIME PROGRAM

    Opening Remarks
    02:00 pm- 02:05 pm Asad Feroze, FCA
    Vice President & Chairman SMP Committee ICAP

    Using Work of an Expert


    02:05 pm- 02:35 pm Aleem Zubair, FCA
    Associate Director A.F. Ferguson & Co.

    Group Audit / Joint Audit


    02:35 pm – 03:35 pm Aleem Zubair, FCA
    Associate Director A.F. Ferguson & Co.

    IT Audit
    Muhammad Sufyan, FCA
    03:35 pm – 04:05 pm
    Partner Yousaf Adil & Co.

    Related Party Transaction


    04:05 am – 04:35 pm
    Muhammad Sufyan, FCA
    Partner Yousaf Adil & Co.
    4th /5th Schedule Disclosure Requirements
    04:35 pm- 05:20 pm
    Yasir Riaz, FCA
    Partner Iqbal Yasir & Co.
    05:20 pm- 05:30 pm Asar Prayer Break

    4th /5th Schedule Disclosure Requirements


    05:30 pm- 06:15 pm
    Yasir Riaz, FCA
    Partner Iqbal Yasir & Co.

    06:15 pm- 07:45 pm Taxation (Deferred / NTR FTR


    Mohsin Nasrullah, FCA
    Partner, Mohsin & Co.

    07:45 pm- 08:00 pm Magrib Prayer Break

    Case Study Scenario


    08:00 pm- 08:45 pm Zeeshan Ijaz, FCA
    Council Member, ICAP

    08:45 pm Dinner
    AGENDA
    AGENDA- -DAY
    DAY4 4 JULY 8, 2023

    TIME PROGRAM
    09:05 am- 09:15 pm Opening Remarks
    Saifullah, FCA
    Council Member, ICAP

    09:15 am- 10:35 am Audit Working Papers


    Muhammad Imran, FCA
    Partner BDO Ebrahim & Co.
    10:35 am – 11:35 am ISQC1
    Muhammad Imran, FCA
    Partner BDO Ebrahim & Co.

    QAD Session - Checklist and Major Issues Identified


    11:35 am – 12:45 pm Fahad Parvaiz, FCA
    Deputy Director Quality Assurance, ICAP

    12:45 pm – 01:30pm Prayer & Lunch Break

    IFRS /IFRS for SME Compliance – Key Aspects and


    01:30 pm- 03:00 pm other Law Compliance
    Sajjad Hussain Gill, FCA
    Partner BDO

    03:00 pm- 04:15 pm Audit Conclusion & Reporting


    Farrukh Rehman, FCA
    Council Member ICAP

    Discussion Session
    Farrukh Rehman, FCA
    Council Member ICAP

    Syed Ali Adnan Tirmizey, FCA


    04:15 pm- 04:45 pm Partner, RSM Avais Hyder Liaquat Nauman

    Rashid Rahman Mir, FCA


    Former President ICAP

    Adnan Hameed Khokar FCA


    Partner, Adnan Hameed Khokhar & Co.

    04:45 pm- 05:00 pm Quiz

    05:00 pm- 05:30 pm Closing Address and Distribution of Certificates


    M. Ali Latif, FCA
    President ICAP
    Meet the Speakers

    Asad Feroze, FCA Rashid Rahman Mir, FCA Jafar Husain, FCA
    M. Ali Latif, FCA
    Vice President, Former President, Former President,
    President
    ICAP ICAP ICAP
    ICAP

    Imran Bashir, FCA Nasir Muneer, FCA Yasir Raiz, FCA Amin Ali, FCA
    Partner, Partner, Partner, Iqbal Yasir & Partner,
    Rizwan & Co. Crowe Hussain Co. Crowe Hussain
    Chaudhury & Co. Chaudhury & Co.

    Adnan Rasheed, FCA Abdullah Fahad, ACA Aleem Zubair, FCA Muhammad Sufyan, FCA
    Partner, Partner, Associate Director Partner
    Rahman Sarfaraz EY A.F Ferguson & Co. Yousaf Adil & Co.
    Rahim Iqbal Rafiq

    Mohsin Nasrullah, FCA M. Imran, FCA Nosherwan Ali Abbas, ACA


    Partner Raheel Rehman, ACA
    Partner, Partner
    Iqbal Yasir & Co. Head of AML,
    Mohsin & Co. BDO Ebrahim & Co. ICAP
    Meet the Speakers

    Sajjad Hussain Gill, FCA Adnan H. Khokhar, FCA Abdullah Sarwar,


    Partner, Partner, ACA Fahad Pervez, FCA
    BDO Adnan Hameed Director, Deputy Director,
    Khokhar & Co. EY QAD ICAP

    Azhar Iqbal, FCA Farrukh Rehman, FCA M. Maqbool, FCA Saifullah, FCA
    Director, KPMG Taseer Council Member, Council Member, Council Member, ICAP
    Hadi & Co. ICAP ICAP

    Muhammad Awais, FCA Zeeshan Ijaz, FCA Farooq Hameed, FCA


    Council Member, Council Member, Member NRC,
    ICAP ICAP ICAP
    WORKSHOP INVESTMENT (Per Day)
    Partners and managers (in person) Rs. 2,500
    Part-qualified staff (in person) Rs. 2,000

    Multan, Faisalabad & Gujranwala (through VC)

    Partners and managers Rs. 1,400


    Part-qualified staff Rs. 1,000

    Early bird Discount


    30% till June 14, 2023

    Venue
    ICAP Lahore with VC connectivity to ICAP offices ( Multan, Faisalabad and
    Gujranwala)

    Registration

    https://member.icap.org.pk/online-registration-for-
    seminar-workshop/

    For Further Details


    Umer Hamid, DM ICAP
    [email protected]

    SMP Committee of ICAP

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