Course Details

Stock counts and external confirmations are two of the most common audit procedures and both provide excellent audit evidence. In this webinar Lindsay will cover the requirements of ISA 501 and ISA 505 covering stock counts, solicitors’ confirmations, bank confirmations and debtors / creditors confirmations. This webinar will provide useful and practical guidance in planning, executing and documenting these procedures. 

 

Lindsay Webber will cover the following topics during this webinar:

  • Stock count requirements
  • Stock count exceptions
  • External confirmations
  • Audit documentation
  • Upcoming changes to ISA 505

 

By attending this session, you will be better equipped to document these audit procedures.

This session is of particular interest to auditors. 

Course Level: Foundation

CPD Course Speaker

OmniPro Strategic Solutions

Lindsay Webber

As a head of Strategic Solutions at OmniPro, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training and technical assistance in audit and financial reporting.

Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.

Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.