International Standards on Auditing Cayman Funds

Speakers:

David Walker - Kinetic Partners Cayman LLP

Candice Czeremuszkin - Kinetic Partners Cayman LLP

Etienne Jensen-Fontaine - KP Audit

Description/Overview:

Key ISA requirements and updates
Main differences to US GAAS
Application for a Cayman Fund
Q&A

We will cover the new and revised auditor reporting standards issued by the IAASB that are effective for audits of financial statements for periods ending on or after December 15, 2016:

• ·         ISA 260 (Revised), Communication with Those Charged with Governance

• ·         ISA 570 (Revised), Going Concern

• ·         ISA 700 (Revised), Forming an Opinion and Reporting on Financial Statements

• ·         ISA 701, Communicating Key Audit Matters in the Independent Auditor’s Report

• ·         ISA 705 (Revised), Modifications to the Opinion in the Independent Auditor’s Report

• ·         ISA 706 (Revised), Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report

• ·         ISA 720 (Revised), The Auditor’s Responsibilities Relating to Other Information

• ·         Conforming Amendments to Other ISAs

Learning Objectives:

To update understanding of ISA requirements with a focus on hedge funds

Who Should Attend:

The course is applicable to auditors across industry as a number of the topics are generic, however there is a focus on hedge funds.

CPD Credits: 3

Costs:

Member: 100 KYD

Non-Member: 125 KYD

Due to high standing costs, no refunds will be issued. If you are unable to attend and wish to send a replacement, please notify CIIPA at admin@ciipa.ky no later than 3 p.m. on 14 October.