Thursday 18 April 2024


12:00 pm


1.5 CPD

Session Topic

Planning the 2024 audit

Good planning is the bedrock of a good audit. Every reporting season has its own unique risks and challenges. A prior year’s audit plan can’t simply be rolled-over –risks change constantly according to business and regulatory environments.

To help themselves effectively plan for 30 June, auditors should consider what the standard-setters and regulators say about risks and audit-file inspections. This session brings you up to speed with what the AASB, AUASB, ASIC and many other official bodies think. We will cover our insights from audit-file inspections and technical questions.

The session will:

  • Describe how your audit-planning needs to change to incorporate ASIC’s financial-reporting and audit-focus areas
  • Revisit s.311 reporting requirements – a new ASIC reminder
  • Identify significant audit risks based on financial-reporting and auditing deficiencies identified by ASIC and other regulators, and
  • Getting your clients organised for the audit.
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This session is presented by:

Colin Parker

Principal | GAAP Consulting | Financial Reporting Expert

Colin, Principal of GAAP Consulting, is an expert in financial reporting, auditing and related governance issues, and was previously a member of the Australian Accounting Standards Board.

He has conducted many independent expert and consulting experts reports on professional negligence, and accounting and auditing standards. He is the team leader advisory and litigation services and adviser to GAAP Training and Reportfraud.


Chanelle Pienaar

Principal | Audit Assist

Chanelle is an accomplished Chartered Accountant with more than 20 years’ experience as an auditor in a wide variety of Financial Audit and Audit Quality Control projects. Chanelle has abroad range of experience covering Financial Statement Audits, Audit Quality Control Reviews, Trust Account Audits and AASB implementation Advice & Assistance.

Chanelle has strong technical knowledge and enthusiastic training style ensures that all participants, from the graduate to the partner, receive maximum value from each training session.