Seminar on Audit Reports
(Daily Frontier Post (Afghanistan) Via Acquire Media NewsEdge) The Southern Regional Committee of the Institute of Chartered Accountants of Pakistan (ICAP) has organized a seminar on "Audit Reports" at ICAP House, Clifton here. Khurram Jameel FCA, Partner, Assurance, Ernst and Young Ford Rhodes Sidat Hyder and Shahid Hussain FCA, Director, Quality Assurance, ICAP were the speakers of the seminar whereas Amir Jamil Abbasi FCA, Partner Head of Karachi Location, KPMG Taseer Hadi and Co. was the session chairman of the seminar. Khurram Jameel discussed about ISAs; 700, 705, 706, audit objective, audit reports and their formats, audit reports under ISAs - key requirements, modified opinions and practical examples.
Shahid Hussain in his presentation addressed the deficiencies noted in various QCR. Amir Jamil, in his concluding remarks appreciated the speakers' efforts and informed the participants about the key features of the exposure draft released by IAASB in July 2013 on Reporting on Audited Financial Statements: Proposed New and Revised International Standards on Auditing. The program concluded with a vote of thanks by Junaid Sheikh, FCA, Chairman, Southern Regional Committee ICAP.
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