{"product_id":"2889085_acca-learning","title":"ISA 550 - Related parties","description":"\u003ch2\u003eAbout this course\u003c\/h2\u003e\u003cbr\u003e\nRelated party relationships often create complex challenges for auditors. This refresher course on ISA 550 is designed to help you strengthen your understanding of how to identify, assess, and report related party transactions accurately.\u003cbr\u003e\n\u003cbr\u003e\nThrough a mix of reading and video units, you’ll revisit key definitions, learn how to recognise undisclosed relationships, and review practical procedures for evaluating transactions that may pose audit risks. The course also explores real-world cases and best practices for documentation and communication with management and those charged with governance. Whether you’re returning to audit work after a break or aiming to update your knowledge, this course ensures you stay aligned with ISA 550 requirements and maintain professional scepticism throughout the audit process.\u003cbr\u003e\n\u003cbr\u003e\n\u003cstrong\u003eACCA are pleased to offer a 3-for-2 discount on this range of CPD. Add three Learnsignal ISA courses to your basket and get the cheapest free.\u003c\/strong\u003e\u003cbr\u003e\n\u003cbr\u003e\nBy completing this course, you will understand how to:\u003cbr\u003e\n \u003cul class=\"htmlEditor-ul\"\u003e\n\u003cli\u003edefine related parties and related party transactions as per ISA 550 and IAS 24, and identify indicators of undisclosed relationships in audit engagements\u003c\/li\u003e\n\u003cli\u003eperform risk assessment procedures for related party relationships and design appropriate audit responses based on assessed risks\u003c\/li\u003e\n\u003cli\u003eanalyse related party transactions for economic substance, legitimacy, and disclosure accuracy using case-based scenarios\u003c\/li\u003e\n\u003cli\u003everify compliance with ISA 550 disclosure requirements, identify omissions, and determine appropriate auditor responses and modifications to the audit report\u003c\/li\u003e\n\u003cli\u003eapply best practices for communicating with management and those charged with governance, and document related party findings to support audit conclusions\u003c\/li\u003e\n\u003cli\u003erelate ISA 550 procedures to other relevant ISAs, including fraud assessment (ISA 240) and risk identification (ISA 315), to improve audit consistency.\u003c\/li\u003e\n\u003c\/ul\u003e \u003ch4\u003eKey information\u003c\/h4\u003e\u003cul class=\"htmlEditor-ul\"\u003e\n\u003cli\u003eThis refresher course assumes a basic understanding of auditing principles and is ideal for those who want to update their knowledge, improve judgment, and strengthen audit quality in practice. \u003c\/li\u003e\n\u003cli\u003eThe course consists of video lectures, reading materials, quizzes and practical examples to enhance your understanding. \u003c\/li\u003e\n\u003cli\u003eCPD certificate is available upon successful completion of the course. \u003c\/li\u003e\n\u003cli\u003eCourse produced by Learnsignal.\u003c\/li\u003e\n\u003c\/ul\u003e\u003ch4\u003e\n\u003cbr\u003e\n\u003cbr\u003e\n\u003cimg alt=\"ACCA Learnsignal joint logo\" src=\"${PICTURE_CONTEXT_PATH}ckeditor_uploads\/ACCA_learnsignal_sml_3185488.jpg\" style=\"margin: 5.0px;\"\u003e\u003cbr\u003e\n \u003c\/h4\u003e","brand":"acca-learning","offers":[{"title":"Standard price \/ 0","offer_id":47758740226299,"sku":"100184","price":44.99,"currency_code":"GBP","in_stock":true},{"title":"Students \/ 110169","offer_id":47758740259067,"sku":"100184","price":44.99,"currency_code":"GBP","in_stock":true},{"title":"Members \/ 110167","offer_id":47758740291835,"sku":"100184","price":44.99,"currency_code":"GBP","in_stock":true},{"title":"Continuous learners \/ 3","offer_id":47758740324603,"sku":"100184","price":44.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0535\/6057\/4115\/files\/lsg_isa_550_2888674.jpg?v=1780722448","url":"https:\/\/acca-learning.myshopify.com\/products\/2889085_acca-learning","provider":"acca-learning","version":"1.0","type":"link"}