Are you ready for an external statutory audit? (HRDA Funded)
- Face-to-Face
- October 24, 2024
- Thursday, 9:00 AM to 5:00 PM
- Language: Greek
- Instructor: Constantinos P.Kounnis
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Are you ready for an external statutory audit? (HRDA Funded)
Face-to-Face
Thursday, 9:00 AM to 5:00 PM
October 24, 2024
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Instructor: Constantinos P.Kounnis
Organizer's other eventsEvent Categories:
Personal Development / Professional DevelopmentOverview:
The seminar addresses key accounting deficiencies encountered during external audits and proposes suggestions and controls to mitigate these deficiencies.Importance:
During a typical statutory audit a member of accounting, book-keeping and tax deficiencies are identified by external auditors. These deficiencies imply that management is not receiving accurate and representative financial information. Furthermore, the process of conducting an audit becomes very burdensome which results to additional costs for an entity. Finally lack of financial controls may result to various tax penalties and additional taxes from the application of incorrect accounting treatments. The seminar aims to address these issues with a view to making the financial process more efficient and accurate.Learning Objectives:
- To identify common accounting and tax deficiencies during external audits.
- To make the financial statements reporting process more efficient.
- To provide management with accurate and reliable information.
- To reduce potential tax penalties tax penalties and fines.
- To enhance book-keeping skills of accountants.
- To suggest controls which should be introduced in the financial reporting cycle.
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