Audits - Group Audit Considerations (Revised CAS 600) (On-Demand - CPA PRO)
Overview
There are many special considerations for Group Audits and CAS 600 – Group Audit Considerations has recently been revised. This course provides an overview of the key requirements of the revised standard, highlights changes and provides guidance on scalability for the less complex entity with few or no external component auditors. Communication between the component and group auditor is also covered.
Access expires 180 days from purchase date |
Course Description
Applicable for
Learning Objectives
- describe the new requirements including scope and applicability of the revised CAS 600 standard
- describe the difference between the revised and extant standards.
- describe responsibilities of the group engagement partner and group auditor
- describe how the group auditor communicates and interacts with component auditors
- apply the revised standard when there are few or no component auditors (scalability)
- determine the appropriate level of documentation to address the revised standard
- describe how the auditor manages audit quality at the group and component level
- recognize the importance of professional skepticism and professional judgment in planning and performing a group audit
Content
- scope of CAS 600
- achieving quality on a group audit
- engagement acceptance or continuance, including restrictions on access to information or people
- overall group audit strategy and group audit plan
- understanding the group and its environment, the applicable financial reporting framework and the group's system of internal controls
- risk-based approach for planning and performing the group audit
- materiality and aggregation risk
- responsibilities of group engagement partner and group auditor
- communicating and interacting with component auditors
- using audit evidence from an audit performed for another purpose
- documentation
- professional skepticism
- scalability of the standard
- Canadian amendments to ISA 600 (revised)
Course Content Created: October 2023
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Bradley Keefe, CPA, CAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Audits - Group Audit Considerations (Revised CAS 600) (On-Demand - CPA PRO)
- 3.5
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 5
- Credits
Overview
There are many special considerations for Group Audits and CAS 600 – Group Audit Considerations has recently been revised. This course provides an overview of the key requirements of the revised standard, highlights changes and provides guidance on scalability for the less complex entity with few or no external component auditors. Communication between the component and group auditor is also covered.
Access expires 180 days from purchase date |
Course Description
Applicable for
Learning Objectives
- describe the new requirements including scope and applicability of the revised CAS 600 standard
- describe the difference between the revised and extant standards.
- describe responsibilities of the group engagement partner and group auditor
- describe how the group auditor communicates and interacts with component auditors
- apply the revised standard when there are few or no component auditors (scalability)
- determine the appropriate level of documentation to address the revised standard
- describe how the auditor manages audit quality at the group and component level
- recognize the importance of professional skepticism and professional judgment in planning and performing a group audit
Content
- scope of CAS 600
- achieving quality on a group audit
- engagement acceptance or continuance, including restrictions on access to information or people
- overall group audit strategy and group audit plan
- understanding the group and its environment, the applicable financial reporting framework and the group's system of internal controls
- risk-based approach for planning and performing the group audit
- materiality and aggregation risk
- responsibilities of group engagement partner and group auditor
- communicating and interacting with component auditors
- using audit evidence from an audit performed for another purpose
- documentation
- professional skepticism
- scalability of the standard
- Canadian amendments to ISA 600 (revised)
Course Content Created: October 2023
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Bradley Keefe, CPA, CAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.