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Courses/Audit & Assurance/Audit Procedures

Mastering Revised ISA 600: Group Audit Standards

Learn the significant changes in group audit standards, focusing on quality management, engagement partner responsibilities, and global audit challenges.

Created byTim Buxton
4.6
(101 reviews)
BeginnerUpdated Sep 29, 2024
Mastering Revised ISA 600: Group Audit Standards

What You'll Learn

check_circleUnderstand the fundamental changes in ISA 600 related to group audit standards.
check_circleLearn the role of the engagement partner in managing group audit quality.
check_circleExplore strategies to effectively manage audits across different jurisdictions and cultural contexts.
check_circleIdentify the responsibilities for audit team collaboration and communication under the revised standards.
check_circleApply techniques to address challenges in group audits, including time zones, language barriers, and differing methodologies.
check_circleEnsure ethical compliance and alignment with quality management principles in multinational group audits.

About This Course

This course offers a deep dive into the revised ISA 600 standards governing group audits, emphasizing the shift from quality control to quality management. Participants will explore the new responsibilities placed on engagement partners, understand the implications of these changes for multinational audits, and learn how to navigate the complexities of coordinating audits across different jurisdictions.

This course is ideal for auditors, audit managers, and professionals involved in group audits, especially those working across global teams.

By the end of this course, you will be well-equipped to apply the revised standards effectively, ensuring high-quality audits in complex group structures.

Topics List:

  • Introduction to ISA 600 and the Need for Revisions
  • The Shift from Quality Control to Quality Management
  • Engagement Partner Responsibilities and Accountability
  • Managing Multinational Group Audits
  • Key Challenges in Group Audits: Cultural and Regulatory Differences
  • Ethical Considerations in Group Audits

Your Instructors

Tim Buxton
Tim Buxton

Podcast Host

menu_book4 courses
star414 reviews

Tim is a social impact entrepreneur with over 20 years of experience in international humanitarian work, focusing on serving marginalized and displaced communities. He holds a post-graduate degree in Philanthropy and Nonprofit Studies from Queensland University of Technology. Tim co-founded The Refuge Initiative in Northern Iraq in 2014, providing homes and holistic care to refugees. After returning to Australia in 2017, he founded You Belong, supporting refugee integration. In 2022, he launched Just Travel Co, a social impact business creating life-changing group travel experiences. Tim is a passionate communicator, advocating for a more compassionate world where everyone belongs.  

Graham Gardner
Graham Gardner

Audit Technical Director at Kreston Reeves LLP

Graham qualified as a Chartered Accountant through Deloitte in South Africa before being seconded to the United States. He moved to the UK in 2016, where he spent 7 years at KPMG within their audit professional practice team and subsequently moved to Kreston Reeves to fill the role of audit Technical Director in January 2024. Graham has extensive experience in audit quality transformation, both from the perspective of interpretation and application of the audit standards as well as in leveraging technology to provide enhanced insights into the client’s financial information. Graham leads the Kreston Reeves Technical team under the leadership of the Audit Compliance Partner and is responsible for an array of support activities across the firm. This includes direct methodology support to audit teams, development of methodology and guidance material, audit staff training, and assisting in the implementation of market-leading audit technology. Personal Interests Graham is an avid tennis player and enjoys watching rugby or playing a board game.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.6
Student's Choice
101 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.