Continuous training of auditors
On July 6, 2020 №400 the order of the Ministry of Finance of Ukraine approved the “Procedure for continuous professional training of auditors”.
According to the Procedure № 400, the minimum amount of continuous professional training is 120 hours for three consecutive years on the accumulative system, but not less than 20 hours per year. At the same time, the differentiation of types of continuous training of auditors should be ensured.
Auditors can participate in seminars, workshops, webinars, training programs on accounting, taxation and auditing and accumulate the necessary hours, which will be credited as educational and short-term activities of continuous professional education.
Auditors have the right to choose their own educational service provider.
Since 2021, we have accredited the Center for conducting educational events for continuous professional training of auditors.
ANNUAL PLAN OF EDUCATIONAL EVENTS OF LIMITED LIABILITY COMPANY P.S.P.TRAINING CENTER
By the decision of the Certification Commission dated July 26, 2024 № 3/6/62, which is a permanent collegial body established in accordance with the Law of Ukraine” On the audit of financial statements and audit activities”, LLC P.S.P.TRAINING CENTER is included in enterprises that can conduct educational activities in accordance with the Procedure for continuous professional training of auditors.
You can choose any educational event from the schedule on this page below or order corporate courses.
Programs of educational activities for continuous professional training of auditors on the following topics:
“International Financial Reporting Standards: Base Course”
The subject of the educational program is International Financial Reporting Standards (IFRS), as a set of documents (standards and interpretations) that regulate the rules of financial reporting required by external users to make economic decisions about the company.
The basic course on IFRS is aimed at studying the basics of financial reporting in accordance with IFRS. The course will form a set of knowledge and skills for students to further apply IFRS in their work. Its purpose is, first of all, to develop an understanding of the meaning of basic standards, differences between IFRS and National Regulations (Standards) of Accounting, the process of transformation and consolidation as such.
The basic IFRS course is suitable for studying not only those who are directly involved in accounting in accordance with IFRS, but also for auditors, employees of accounting, economic and financial services, management professionals who will use this reporting to analyse the activities of the enterprise for making correct management decisions.
The purpose of the educational event on continuous professional training of auditors is to form competence in the ability to comprehensively address financial reporting in accordance with IFRS, improve the professional level of auditors, acquire the necessary theoretical knowledge about the organization and methods of accounting according to International Financial Reporting Standards, skills to verify financial statements.
| № | Components of the program | Volume (number of academic hours) |
| 1 | Legal bases of application of the International standards of the financial reporting in Ukraine: the current legislation, practice of application, the basic problem aspects and ways of their decision, prospects of development | 1 |
| 2 | Conceptual principles of IFRS: purpose of financial statements, users of financial statements, elements of financial statements, characteristics of financial statements. | 3 |
| 3 | IFRS (IAS) 1 «Presentation of Financial Statements»: set of financial statements (statement of financial position, statement of profit or loss and other comprehensive income, statement of changes in equity, statement of cash flows), general aspects, business continuity, frequency of submission. | 2 |
| 4 | IFRS (IAS) 8 «Accounting policies, accounting for changes in estimates»: selection and application of accounting policies, changes in accounting policies, disclosures, changes in accounting estimates and errors - especially disclosures. | 2 |
| 5 | IFRS (IAS) 16 «Property, plant and equipment»: definition, recognition and initial valuation, models of further valuation, depreciation, derecognition, disclosure in reporting. | 2 |
| 6 | IFRS (IAS) 2 «Inventories»: definition, inventory valuation, cost estimation methods,
disclosure of information in reporting. |
2 |
| 7 | IFRS (IAS) 38 «Intangible assets»: definition, recognition and initial valuation, models of further valuation, depreciation, derecognition, disclosure in reporting. | 1 |
| 8 | IFRS (IFRS) 5 «Non-current assets held for sale and discontinued operations»: classification and evaluation, presentation and disclosure of information. | 1 |
| 9 | IFRS (IAS) 36 «Impairment of assets»: scope and definition, fair value, value in use, future cash flows, discounting, cash-generating unit, goodwill, impairment losses and reversal of impairment losses, disclosures. | 2 |
| 10 | IFRS (IAS) 23 «Borrowing costs»: scope and definition of what costs capitalised, the beginning and termination of capitalisation. | 2 |
| 11 | IFRS (IFRS) 15 «Revenue from contracts with customers»: definition, criteria (steps) of income recognition, features of the standard. | 4 |
| 12 | IFRS (IAS) 12 «Income taxes»: theoretical aspects of the standard and the practical side of application by examples. | 3 |
| 13 | IFRS (IFRS) 16 «Leases»: theoretical aspects of the standard and the practical side of application by examples. | 6 |
| 14 | IFRS (IFRS) 9 «Financial instruments»: theoretical aspects of the standard and the practical side of application by examples. | 6 |
| 15 | IFRS (IAS) 10 «Events After the Reporting Period»: substantive provisions | 2 |
| 16 | IFRS (IAS) 24 «Related party disclosures»: substantive provisions | 1 |
| 17 | Basics of reporting transformation and preparation of consolidated reports IFRS (IFRS) 10 Consolidated Financial Statements
IFRS (IFRS) 3 Business combinations |
8 |
| Duration, according to the schedule, 6 days for 8 hours: | 48 |
Training process:
Form of study: classroom / online classes
Handouts: a booklet with theoretical material and practical tasks
Total study time: 48 academic hours divided into 6 study days
Group size: up to 17 people
Training dates: the information is provided in the annual plan of educational events and can also be provided upon request
Lecturers:
Podrutskyi Stanislav Volodymyrovych
A certified specialist in IFRS under the programs of the Association of Chartered Certified Accountants (АССА), International Association of bookkeepers (IAB), International Association of Accounting Professionals (IAAP) confirmed a high level of knowledge of IFRS by passing a theoretical exam in the field of international financial reporting standards conducted by APOB.
“Agreed procedures for auditing accounting and tax reporting indicators”
The subject of the program of the educational event is theoretical and methodological and practical aspects of conducting agreed audit procedures according to National Regulations (Standards) of Accounting and tax reporting indicators, taking into account recent legislative changes, trends in tax audits, for timely identification of financial and tax risks.
This course is aimed at studying the features of the audit by the auditor or inspector of accounting, indicators of tax reporting in the implementation of procedures and updating knowledge of the latest legislative changes in the field of accounting and taxes. The course will form a set of knowledge and skills for students to identify financial and tax risks in the implementation of agreed procedures.
The purpose of the course is to raise the professional level of auditors, internal control specialists, auditors to acquire the necessary theoretical knowledge to conduct agreed procedures for auditing accounting, tax reporting indicators. Updating the knowledge of students in terms of the features of the agreed procedures for checking accounting, tax reporting indicators and the ability to properly prepare an effective document based on the results of such procedures.
This course is suitable not only for auditors who directly perform the agreed procedures for auditing accounting and tax reporting, but also for employees of accounting, economic and financial services, management professionals who can update their knowledge of legislative changes, understand the features of accounting and internal control objects of accounting as a result of which to identify and assess the future activities of the enterprise financial and tax risks, the course is also suitable for auditors who provide services other than agreed procedures.
| № | Components of the program | Volume (number of academic hours) |
| 1 | The system of accounting and internal control of enterprises: audit features in modern business conditions | 2 |
| 2 | Recent changes in accounting and tax legislation: the focus of tax audits | 4 |
| 3 | Features of the audit of accounting for non-current assets: the emphasis of the audit, typical errors and their impact on tax accounting | 4 |
| 4 | Inventory audit: audit emphasis, common errors and their impact on tax accounting | 2 |
| 5 | Audit the correctness of accounting for financial investments: emphasis of the audit, typical errors and their impact on tax accounting | 2 |
| 6 | Audit the correctness of accounting for cash and non-cash transactions: emphasis of the audit, common errors and penalties | 2 |
| 7 | Audit the correctness of accounting for equity: emphasis of the audit, typical errors and their impact on tax accounting | 2 |
| 8 | Control of correctness of accounting of settlements with counterparties: emphasis of audit, typical errors and their impact on tax accounting | 4 |
| 9 | Audit the correctness of accounting for settlements on loans and borrowings: emphasis of the audit, typical errors and their impact on tax accounting | 2 |
| 10 | Analysis of the correctness of accounting for collateral: emphasis of the audit, typical errors and their impact on tax accounting | 2 |
| 11 | Audit the correctness of accounting for payroll | 2 |
| 12 | Audit the correctness of accounting for income, deferred income and results of operations: emphasis of the audit, common errors and their impact on tax accounting | 2 |
| 13 | Analysis of the correctness of cost accounting, production costs, prepaid expenses: emphasis of the audit, typical errors and their impact on tax accounting | 2 |
| 14 | Audit the correctness of the calculation of corporate income tax: emphasis of the audit, risk transactions, the latest practice of tax audits | 4 |
| 15 | Analysis of the correctness of the calculation of value added tax: the emphasis of the audit, risk transactions, the latest practice of tax audits | 4 |
| 16 | Audit the correctness of the calculation of personal income tax, military fee and the single social contribution: the emphasis of the audit, risk transactions, the latest practice of tax audits | 4 |
| 17 | Analysis of the correctness of the calculation of other taxes and fees: emphasis of the audit, risk transactions, the latest practice of tax audits | 2 |
| 18 | Preparation and execution of an effective document based on the results of the implementation of agreed procedures for auditing accounting, tax reporting indicators | 2 |
| Duration, according to the schedule, 6 days for 8 hours: | 48 |
Training process:
Form of study: classroom / online classes
Handout: a toolkit
Total study time: 48 academic hours divided into 6 study days
Group size: up to 17 people
Training dates: the information is provided in the annual plan of educational events and can also be provided upon request
Lecturers:
Sushko Dmytro Serhiiovych
author of patented methodological recommendations, auditor, forensic expert, Doctor of Philosophy in Economics, associate professor, doctoral student, certified specialist in IFRS under the programs of the International Association of bookkeepers (IAB), International Association of Accounting Professionals (IAAP), Association of Chartered Certified Accountants (АССА), Institute of Financial Accountants (IFA).
For detailed information, please contact:
tel.: +38 (044) 281 06 07