Testimonial from Firms which sent Participants to PAW Series Workshops

• I find the PAW AWP-1 course very useful for entry level audit assistant. I had also sent my senior staff to attend the course so they can better understand and be aligned with the approach, that was taught to the juniors during the workshop. To date, almost 75% of my audit staff had participated in both intakes that took place in February and April 2014. I find it a very convenient and effective way of training my staff and will continue to send my staff to the training.
  – Lim Yeong Seng, Partner, Kong Lim & Partners LLP.

• My firm has sent different staff to train under all three levels of PAW. In particular, AWP 1 provides practical insights for fresh audit assistants. It is particularly helpful in bridging the knowledge learnt in schools and applying them in a real work environment. In the past, we could only conduct training once a year during our off-peak, but with PAW-AWP 1, the frequency of training for our new staff has increased. This helps to lighten my load as a practitioner and I can now focus time on running the practice.
  –  Helmi Talib, Managing Partner, Helmi Talib & Co

Testimonial from November/December 2014 SAR Participants (Pilot)

• Concepts well-illustrated. In-depth discussions on relevant audit issues and practical solutions provided.

• SAR helped me sharpen my review skills on what points to consider in reviewing the financial statements and working papers.

• SAR provided guidance on general audit covering all the important sections by examples similar to practical issues faced by auditors.

Testimonial from January/February 2015 AWP 2 Participants

• I will insist my friends to attend this course.

• Relevant  to what I do at work and useful to improve quality of documentation and audit.

• Daily examples provided easier link to practical thinking.

• Been recently heavily involved in audit planning, and the information provided during the first session is helpful.

Testimonial from August/September 2014 AWP 2 Participants (Pilot)

• More coverage than other CPE courses in terms of hours, examples, samples and depth.

• The topics covered were very relevant to what I am doing and I have a better understanding of the objectives of each audit procedures.

• Sufficient practical examples were given to make us understand what could go wrong and how to design the appropriate audit approach and procedures to address the risks.

• This workshop was conducted with reference to ISCA audit manual. I will be able to explain the audit requirements to the clients in future based on a published guide.

Testimonial from March/April 2015 AWP 1 Participants

• Brings in real life experience into explaining audit procedures and linking them to assertions as well (theory with practice).

• Very informative with lots to bring back to office on updating working papers.

• Involves critical thinking and challenges the way an audit can be done.

• Understanding the auditing process and procedures that some firms have omitted and have never been doing.

• Consider to join this workshop. It is useful for the audit preparation.

Testimonial from October 2014 AWP 1 Participants

• This course provided an insight of the audit requirements and procedures. All new audit staff should attend the course.

• Helped to build on concrete knowledge on the things we do at work. What I like are the common pitfalls highlighted in each audit areas.

• Some audit procedures were not performed during my previous audits. They are now performed after I gained an understanding of the importance of such procedures.

Testimonial from July 2014 AWP 1 Participants

• Great foundation course consolidating practical audit knowledge and application to day to day audit work.

• Great course. Helpful for participants who are new to the industry.

Testimonial from May 2014 AWP 1 Participants

• I learn the proper documentation and treatment of opening balance and foreign currency translation.

• Proper documentation for cash and PPE are covered comprehensively.

• Sampling technique covered comprehensively with P&L audit teaching techniques.

• The lecturer gives realistic examples of fraud e.g kiting, teeming and lading etc. and provides specific audit procedures to address these risks.

Testimonial from February 2014 AWP 1 Participants

• Refreshing and practical.

• The structure of presentation always starts with fundamental aspects which are assertions, risks and what could go wrong.

  The examples and knowledge sharing throughout different AWP sections help to elaborate the importance of certain audit procedures. And those examples are practical and real.

• This workshop has taught me to be more efficient and enhance my knowledge and skills in doing the work paper. To be clear, precise and have the right attitude in doing my work.

• This workshop is especially helpful for those who have very little audit experience. The detailed information and real-life audit problems allowed me to open up my mind and to think outside the box.

• Having very little knowledge about GST, Deferred Tax and audit completion procedure, this session is very helpful and informative. Now, I have a better understanding and will not blindly follow last year’s working papers.

Testimonial from 2013 AWP 1 Participants (Pilot)

• Overall guide you through the basic foundation to detailed areas for a better and clearer picture on how to audit – on major areas like PPE, Inventory, Receivables, Payables. The examples on case studies help a lot on understanding the topics. Looking forward for AWP 2.

• Attending these workshops will enhance the experience on audit work papers by the preparers. They will be able to understand the importance of their work, what is expected of them and also provide confidence in their work too.

• Get the knowledge on how to perform my job in more proper way and what should I do when I cannot get information from the client. Made me aware of some error made by client that I may not have detected before (for example omission of description in bank reconciliation).

• Well balanced between concepts and practical aspects.

• Good understanding of SSAs and FRS, practical experience and able to communicate effectively.