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Financial Statements Audit and Review: What Boards and Audit Committees Need to know

Event: Financial Statements Audit and Review: What Boards and Audit Committee Members, CEOs, and Heads of Internal Audit Need to know

Date: February 22-25, 2022

Venue: Park Inn by Radisson Blu Kigali

Understanding and expanding roles of Boards and Audit Committees relating to financial reporting and financial statements audit and review are of utmost importance. This course provides a platform to enable Board and Audit Committee Members to approach financial statements reporting, audit, and review with confidence.

Using case studies and real-life examples, this course will expose participants to key business processes related to financial statements, the impact of technology on financial auditing, current accounting standards, analysis of an organization’s financial statements using exercises, historic and current fraud cases, and recognizing “red flags” in financial statement reporting. 

The workshop will cover the following topics:

  • Performing a risk assessment using the financial auditing process.
  • Evaluating controls in the audit process by using finance-related management assertions.
  • The IIA Practice Guide on formulating and expressing internal audit opinions.
  • Case-based review of Financial Statements.
  • Using Financial Statements review to improve Business Processes.
  • Accounting scandals and financial “games.”
  • Audit techniques in performing an application review of a financial audit.

The workshop will be held from February 22-25, 2022 at the Park Inn by Radisson Blu Kigali. Charges are KES 70,000 exclusive of VAT for Members and Non-Members. Members in attendance will earn 20 CPE Hours.

NATIONAL INDUSTRIAL TRAINING AUTHORITY ACCREDITATION:

The Institute of Internal Auditors Kenya is an accredited training provider with the National Industrial Training Authority (NITA). The NITA registration number is DIT/TRN/558(25b). Participants who are registered levy contributors can apply to NITA for reimbursement of their fees. This applies to Kenyan citizens and is subject to NITA regulations. Visit (https://www.nita.go.ke/ ) for more information.

 

BOOKINGS

To book this event, please call us on +254721615863/780615863, Email: info@iiakenya.co.ke, and copy training@iiakenya.co.ke.

TRAVEL REQUIREMENTS FOR KIGALI, RWANDA

Requirements to enter Rwanda from Kenya:

  • Covid certificate
  • A negative covid test results: Negative PCR COVID-19 test certificate for a test conducted within 72 hours prior to departure
  • A fully filled passenger locator form on www.rbc.gov.rw
  • Hotel Booking confirmation for arriving passengers
  • A valid passport: East Africans may use valid national passports to travel within the region, or use the East African Passport, which was introduced as a travel document to ease border crossing for East Africans. Currently, the East African Passport may be used for travel within the EAC region only. It has a six months’ multiple entry validity, which is one of the privileges it accords the holder.
  • Certificates of Identity/Inter-state Passes, issued by local immigration authorities to citizens who cannot be readily issued with a passport in emergency situations, may be used to travel across the EAC in place of a passport.
  • National Identification Cards are also recognized as travel documents by Kenya, Rwanda, and Uganda and can be used when travelling between the 3 Partner States.
  • Visas: Nationals of East African Community Partner States (Burundi, Kenya, Rwanda, Tanzania, and Uganda) do not require visas to travel to the other EAC member states. A visitor pass is offered at the point of entry.

Other information

Note For Passengers Arriving Or Departing From Rwanda

Following confirmation by the Ministry of Health of the Covid-19 Omicron variant in Rwanda, identified through genomic sequencing of samples collected from travelers and their contacts, please note the updated information for arrival and departure from Rwanda, effective 10th January 2022:

  • All travelers arriving in Rwanda must present a negative COVID-19 certificate. The only accepted test is a SARS-CoV 2 Real-Time Polymerase Chain Reaction (RT-PCR) performed within 72 hours prior to departure (meaning travelers must be tested and get results within 3 days of their first flight). Other tests, such as Rapid Diagnostics Tests (RDTs), are not accepted. Please note that the COVID-19 test is not mandatory for accompanied children under 5 years.
  • All arriving passengers must quarantine for 24 hours at a designated hotel while waiting for the results at their own cost. A Covid-19 PCR test will be taken upon arrival and an additional mandatory PCR test performed on day 3 at own cost, from the arrival date, at designated testing sites (Camp Kigali or nearest Provincial or District Hospitals for those out of the City of Kigali).
  • At the airport, the payment for the Covid-19 test taken on arrival of 60 USD (50USD for the covid19 test and 10USD for specific logistics to the airport) will be done as per the indications of the passenger locator form. For passengers who opt for a cash payment at arrival, the balance will be given in Local currency (FRW). The passenger who wouldn’t use the payment methods on the passenger locator form may be required to pay again at arrival and claim for a refund for any previous payment made.
  • All arriving travelers must pay the costs of both mandatory RT-PCR tests of arrival and of Day 3 at Kigali International Airport but sample collection for the day 3 test will be conducted at the designated testing sites. Sample collection for day 3 tests will be conducted at the designated hotel. PCR Test of Day 7 will be done from designated testing sites at their own cost.
  • All travelers arriving or transiting in Rwanda must complete the passenger locator form and upload the Covid-19 PCR test certificate before heading to the airport. Please see the passenger locator form and list of designated transit hotels on www.rbc.gov.rw
  • All travelers transiting for more than 12 hours through Rwanda will be screened upon entry and take a second Covid-19 PCR test on arrival. Sample collection will be conducted at the airport upon arrival and passenger will wait for the results at the designated transit hotel. The Covid-19 Test Results for transiting passengers for more than 12 hours will be fast-tracked so that passengers can get the results before their next flight.
  • All travelers transiting/connecting who are not leaving the airport and are in transit for less than 12 hours will be screened upon entry and not required to take a second test. This is not applicable for passengers transiting by land border. In this case, passengers will be tested using RT-PCR Test and wait for the results at the designated transit hotels before proceeding.
  • The Government of Rwanda has negotiated special rates at designated transit hotels for the 24 hour waiting period. Should a guest wish to remain in the hotel after receiving negative test results, they are welcome to extend their stay at the hotel's applicable rates.

 

 

Event Properties

Event Date 22-02-2022
Event End Date 25-02-2022
Individual Price Members Ksh 70,000, Non-Members Ksh 70,000
Location Park Inn Radisson
Registration for this event is closed

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