PractitionersWorkshop-March2019

Practitioners / Audit
Firms’ Development
WORKSHOP
SCHEDULED 16 - 17 APRIL 2019 | THE KIGALI SERENA HOTEL
www.icparwanda.com

ABOUT US
The Institute is the sole professional accountancy
organization established by law No. 11/2008 of 6 th May
2008 with a broad mandate to grow and regulate the
accountancy profession
WHAT WE DO
We regulate the accountancy profession; We preserve
the integrity of the accounting profession; We promote
the competence and the capacities of our members.
We deliver accounting qualifications, programs
and examinations.We promote compliance with
professional standards
VISION
A strong, relevant and sustainable profession
MISSION
To build a strong and engaged professional
accountancy organization that anticipates stakeholder
expectations and acts in the public interest
OUR OFFICE
KG 501 St 21, behind Career Center Building
P.o.Box: 3213 Kigali Rwanda
T: +250 784103930
F: +250 280103930
E: info@icparwanda.com

OVERVIEW
The International Accounting Education
Standards Board (IAESB) issued out
International Education Standard (IES’s)
including IES 8, Professional Competence for
Engagement Partners Responsible for Audits
of Financial Statements aimed at protecting
the public interest by requiring an Audit
Engagement Partner to develop and maintain
the necessary skills and training to perform
the role effectively and to ensure audit quality.
It recognizes that only those professional
accountants who develop the required
competencies specified in IES 8, will be able
to deal with the complex situations that Audit
Engagement Partners face.
In a bid to comply with IES 8, Professional
Competence for Engagement Partners
responsible for Audits of Financial Statements,
which appears to also be of interest to
employers, regulators, government authorities,
educational organizations, and other
stakeholders who support the learning and
development of professional accountants whilst
complying with SMO 1- Quality Assurance,
which sets out the requirements of an
IFAC member body with respect to quality
assurance review systems for its members
who perform audits, review, other assurance,
and related services engagements of financial
statements, the Institute has organized a twoday
compulsory workshop for all Practitioners
to help them maintain competences in their
specialist areas of practice and for all other
individuals who may wish to obtain such
knowledge.
TRAINING PROGRAM AND
LEARNING OBJECTIVES
The two-day workshop is aimed at helping
all practitioners and auditors to maintain
competence in their specialist areas of practice
taking into consideration the nature of their role
to serve public interest but also in conducting
their practices in an outstanding manner.
This requirement is mainly due to the public
interest nature of their role and the need to
ensure that outstanding practice – mainly in
regard to International Standard on Quality
Control 1 (ISQC 1) compliance, is demonstrated,
thereby enhancing public trust and confidence
of the accountancy profession. Consequently,
every Practitioner is required to comply with
the requirements of ISQC1 and the IESBA Code
of Ethics.
YOUR INVESTMENT
Rwf. 230,000 for all participants (VAT
inclusive). Fees are payable to Bank of Kigali
A/C No: 00040-0335616-29 or Ecobank A/C
No: 110-04413101-72.
CERTIFICATES
Certificates of attendance will be awarded to all
participants who attend and participate in all
sessions of the workshop with 14 CPD hrs.
AGENDA
Day 1: Firm Inspections
Each audit and accounting firm who is a
member of a professional body who is a
member of IFAC needs to comply with the
requirements of ISQC 1 and the IESBA Code of
Ethics. Attention will be given to the updated
Code of Ethics that will become effective mid-
2019.
On day one the facilitator will focus on how
to empower firms to implement systems that
are fully compliant with all these requirements.
Facilitator will hand out comprehensive tools
that have already been designed that can be
tailored with great ease by each firm to be fit
for purpose.
The training will also focus on the role of
the Regulator (where there is one), or the
membership body who has a duty to monitor
its members. This will include a discussion
on how inspections will be performed, how to
avoid high risk findings, and how to proactively
maintain the firm’s ISQC 1 system, policies and
procedures.
Note: Ms. Marthie will present this session as
an expert who has designed ISQC 1 systems
and has maintained them for various firms,
but also previously worked for a regulatory
body. She has also set up and executed review
programmes for regulators and IFAC member
bodies.
PRACTITIONERS /AUDIT FIRMS’ DEVELOPMENT WORKSHOP
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Day 2 – Engagement inspections
Quality engagement performance is the
heartbeat of our practices and profession.
During day 2 an overview of the ISAs will be
given and practical tools will be made available
to measure engagements against before
considering them complete. The purpose role,
focus and processes of the Regulator (where
there is one), or the membership body who
has a duty to monitor its members, will be
discussed and engagement partners will learn
how to avoid documentation and evidentiary
mistakes.
This session will have a lot of practical tips, and
everyone will learn from each other, and with
Ms. Marthie as an experienced inspector, with 18
years’ experience in engagement reviews.
MEET THE FACILITATOR
The workshop will be facilitated by Ms. Marthie
Claassens - an independent, technical expert
and experienced trainer who will deliver a
practical; relevant, and quite engaging sessions.
She is a Chartered Accountant from South
Africa; CA (SA), and a Registered Auditor.
She possess an LL.M. International Business
Law (cum laude) (University of Liverpool);
Post Graduate Diploma in Contract Law
(with distinction)(UJ); Certified Trainer (with
distinction) (Damelin); Higher Diploma in
Company Law (Wits).
Marthie is the founder and CEO of Protect-
A-Director (Pty) Ltd where she is aiming of
inter-connecting the risks and controls on a
pragmatic level in the spheres of integrated
reporting, regulatory audits, legal compliance,
other assurance providers and , corporate
governance. She is an advisor and supporter
to any entity, in the public or private sector
that strives to do the right thing for long-term
sustainability. She also connects all these
statutory and regulatory requirements to
stakeholder relation optimization. Her passion
is people development, and empowering
professionals with practical knowledge by
simplifying complex concepts.
One of the outstanding assignments she has
performed include: Professional audit firms,
reviews and regulatory support. Marthie
specialises in assisting Registered Auditors and
Financial Reporting Professionals to comply
with international standards, regulations and
requirements from professional bodies, statutes
and governance codes. She assists at the
highest level of professional audit firms with
practical quality assurance on audits and other
professional assignments.
She worked for the IRBA (Independent
Regulatory Board for Auditors) and
performed an estimated 600 practice reviews
(inspections), where after she started her own
consulting firm ‘Protect-A-Partner’ to assist
professional bodies, auditors and accountants
with technical matters. Her primary focus
was the development of new products and
innovative income generators to answer to
a changing market, rapidly influenced by
corporate collapses such as Enron, WorldCom
and Parmalat. All product innovation and
development at Protect-A-Partner was to
answer to regulatory and statutory needs
that were in existence and also evolving in
the market. She designed and/or presented
courses to the profession in Botswana,
Zimbabwe, Ethiopia, and South Africa on ISA,
ISQC 1, professional standards and practical
aspects of delivering quality assurance
project. Protect-A-Partner was the first firm in
Southern Africa to develop a fully compliant
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www.icparwanda.com

ISQC 1 manual to the profession that was sold
internationally.
During 2015 she led a team to Nigeria for the
World Bank to assess the quality of compliance
with ISQC 1, ISA and other professional
standards of audit firms in the country, to
qualify for the auditing of World Bank capital
projects. During 2012 she led a team to
Zimbabwe to re-establish the Inspections
function in the country, on behalf of the World
Bank and the Independent Regulatory Board
for Auditors.
She also designed a methodology for the
auditing profession in Namibia to ensure that
they adhere to the IFAC Statements of Member
Obligations. She also led teams for numerous
years to conduct these inspections and
assessment. During 2016 she was a technical
advisor to the team at Protect-A-Partner on the
East African Community’s (EAC) professional
project dealing with “Public Finance
Management Coordination and Harmonization
Project Consultants: Auditors Quality Control”.
She has recently been part of a World Bank
team that performed the second Report on the
Observance of Standards and Codes (‘ROSC’)
ROSC: Accounting and Auditing in Zambia.
She was responsible for areas dealing with
Audit Regulation, Quality Assurance and
Public Oversight; Audit Standard Setting;
Review of Regulatory Processes and Findings
on Compliance with Standards; among others
assignments.
She has been instrumental to assist various
professional bodies in the auditing and
accounting profession to ensure highest
compliance with international standards.
During 2017 and 2018 Marthie completed a
project for the Pan African Federation of
Accounts for all their member countries that
were presented in Kenya, Senegal and Nigeria
to delegates of 45 African countries, of which
the outputs and outcomes were:
She has recently presented training on auditing
standards, ISQC 1, the IESBA Code of Ethics
and documentation on audit engagements to
auditors in Malawi, and is on her way to present
training in similar topics to the profession in
Mauritius.
Most recently Marthie trained up a full team
of inspectors for the Zimbabwean Public
Accountants and Auditors Board, to ensure
that the country can adhere to their IFIAR,
AFIAR, IFAC membership obligations, and to
enable the country to execute public protection
mandates.
She has been an EQCR and/or monitoring
reviewer for many large entities such as
Transnet, Eskom, MTN, fund managers, assets
managers, wholesalers, investors, retailers, both
listed and unlisted and private and public sector
entities.
For further inquiries please contact:
sunday.kalisa@icparwanda.com
yahya.hassani@icparwanda.com
+250 788 302 441, +250 788 306 881
PRACTITIONERS /AUDIT FIRMS’ DEVELOPMENT WORKSHOP
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www.icparwanda.com