ICASL seminar on Quality Assurance

The Institute of Chartered Accountants of Sri Lanka (ICASL) is concerting an evening presentation followed by a discussion on Quality Assurance under the topic of Audit quality monitoring towards compliance with International Standards of Quality Control 1 (ISQC1). This presentation would be the right opportunity for representatives of accounting firms, practising accountants of the audit faculty, regulators and representatives of industry and financial groups to broaden their spectrum of knowledge on the latest developments on quality assurance which would be applicable in their respective fields of work.

Quality assurance can be identified as an important aspect of modern day professional services, and this presentation has been organized with the prime motive of sharing the theoretical and globally practised methods on quality control with our local professionals. This presentation would articulate broadly the concept of ISQC 1 its local variations, recognizing significant audit quality risks and deficiencies identifying and evaluating them with the knowledge of facing them appropriately with an overview of global quality monitoring programs.

This presentation would be conducted by an international expert in the field of quality assurance, Partner Global Risk & Compliance at KPMG International Tony Banton. Prior to being appointed to his present designation Banton had gathered extensive international experience by being the Regional Quality Performance Liaison Partner for KPMG's Europe, Middle East, Africa and South Asia regions, and is rich with practical exposure in the field. He is currently based in France and supervises a team in Toronto and spends part of his time performing Global Compliance Reviews in KPMG member firms. After the Presentation by Banton there would be a panel discussion held to which eminent personalities attached to the ICASL would participate and would provide room to discuss the Roses and Thorns of modern day issues pertaining to quality assurance.

The presentation is scheduled to be held on the 9th of September, 2009 at the ICASL premises and many finance professionals dealing with quality assurance services are expected to attend this event.