ICAEW webinar: Cash is King in Audit: How High-Quality Audit of Cash Can Reduce Risk
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This webinar explores the central role that cash audit quality plays in reducing risk across the entire balance sheet. Expert speakers examine how Open Banking and technology can improve fraud detection, accuracy, and completeness, while also looking ahead to the future balance sheet implications of digital assets, tokenised securities, and e-commerce transactions.
You will learn:
- How a high-quality audit of cash reduces risk in the auditing of other balance sheet assets and liabilities
- How ISA 240 and ISA 315 revisions open the door to technology-driven audit methodology improvements
- How Open Banking provides independent, real-time data for instant fraud detection