The Fiji Institute of Chartered Accountants (FICA) will conduct a half-day workshop featuring Jerad Dias, a recognized expert in finance and accounting. Mr. Dias is the founder and Chief Knowledge Officer of Minds Global Academy (Pvt) Ltd, as well as the CEO of Cabraal FPO (Pvt) Ltd. With more than 20 years of experience in audit, advisory, and training, he holds a B. Com (Special) degree and has significantly impacted the industry, notably as a Partner at BDO Sri Lanka and in leadership roles at EY and BDO.
The workshop titled “The Most Powerful and Practical Approach in Risk Identification & Assessment in External and Internal Audits” aims to equip participants with skills to effectively identify high-risk areas and develop targeted procedures that enhance their organizations’ value.
Tarlochan Singh, chairman of FICA Professional Development, mentioned that the workshop is intended for professionals across all sectors eager to improve their risk identification and assessment skills. Participants will gain insights into various topics, including:
– Audit approaches: Understanding the benefits of controls-driven versus risk-focused audits.
– Material misstatements: How internal audits can help identify significant misstatements.
– Strategic internal audits: Leveraging internal audits to provide value beyond mere compliance.
– Audit materiality: Grasping materiality concepts in both internal and external audits.
– Risk identification: Enhancing methods for effectively identifying and assessing risks.
The workshop is scheduled for September 12 at the Fiji Revenue and Customs Service (FRCS) training room in Nasese, Suva.