Revised fraud and going concern standards – how your audits will change

What will your audit team need to do differently under the revised fraud and going concern standards?

The revised ASA 240 and ASA 570 apply to financial reporting periods beginning on or after 15 December 2026. They bring significant changes to how auditors assess risks, obtain evidence and support their conclusions.

This GAAPinar will examine the key changes and their practical implications for planning, performing and documenting your audits.

In this GAAPinar, we will explore:

The key changes to ASA 240 and ASA 570 and their implications for audit engagements
How fraud and going-concern risk assessments will change
Communication with management and those charged with governance
What firms should update in their methodologies
Steps audit teams should take now to prepare for implementation

$395.00 Book GAAPinar

This session is presented by:

Colin Parker

Principal | GAAP Consulting

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.

Jessica-Anne Saayman

Director | QA Assist

Jessica is a result driven, energetic Independent Consultant and Specialist in Assurance Consulting Services with more than 26 years’ proven experience in technical, ethics, quality and peer reviews, accounting, listed and unlisted, multinational corporation, public sector audits, including advisory opportunities such as merger and acquisitions and forensics.

Her industry exposure includes healthcare, steel, property, manufacturing, distribution, consumer business, short term insurance, Not-For-Profit and government/public sector; with cumulative experience at partner level (mid-tier and big 4) in external audit for more than a decade.