The Fiji Institute of Chartered Accountants (FICA) is set to organize a half-day workshop featuring Jerad Dias, a renowned expert in finance and accounting. As the founder and Chief Knowledge Officer of Minds Global Academy (Pvt) Ltd and the CEO of Cabraal FPO (Pvt) Ltd, Mr. Dias brings over 20 years of experience in audit, advisory, and training to the table. He holds a B. Com (Special) degree and has a notable background, including serving as a Partner at BDO Sri Lanka and leading Training & Technical departments at EY and BDO.
The workshop, titled “The Most Powerful and Practical Approach in Risk Identification & Assessment in External and Internal Audits,” aims to empower participants to accurately pinpoint high-risk areas and develop targeted procedures that deliver significant value to their organizations. Tarlochan Singh, the chairman of FICA Professional Development, stated that the workshop is intended for professionals across various sectors who aim to enhance their risk identification and assessment capabilities.
Attendees can expect to gain insights on several key areas, including:
– Audit approaches: Comparison between controls-driven and risk-focused audits.
– Material misstatements: Understanding the role of internal audits in identifying material misstatements.
– Strategic internal audits: Learning how internal audits can create value beyond compliance.
– Audit materiality: An in-depth look at materiality concepts in both external and internal audits.
– Risk identification: Innovative methods for identifying and assessing risks.
The workshop will take place on September 12 at the Fiji Revenue and Customs Service (FRCS) training room in Nasese, Suva.