Lesson 1 (23 July 2016)

1. Code of Ethics – local requirements
2. Client Acceptance procedures
3. Quality Control for an audit engagement
4. Restrictions on appointment as secretaries and directors of audit clients
5. Communication with those charged of governance
6. Audit risk assessment
7. Audit Confirmation and audit evidence
8. Practical issues adopting Full GAAP during the audit
9. Tax considerations in audit planning

Lesson 2 (30 July 2016)

1. Audit procedures on selected items
2. Opening balances
3. Using the work of an expert
4. Auditing an accounting estimate including fair value
5. Overall review stage
6. The auditor’s responsibilities relating to other information
7. Practical issues adopting the SME-FRS
8. Tax considerations in composing the tax computations

Lesson 3 (6 August 2016)

1. Group audit
2. Acting as group auditor versus component auditor
3. Forming an opinion and reporting on Financial Statements
4. Communicating Key Audit Matters in the Independent Auditor's Report
5. Other assurance or non-assurance engagements
6. Reports by the Auditor under the Hong Kong Companies Ordinance (Cap. 622)
7. Tax considerations when answering tax letters
8. Practical issues when auditing regulated clients