PAW003: Practical Audit Workshop – Supervisory and Review (PAW – SAR)

Programme Overview
Company-sponsored employees:
WDA training grant available for company-sponsored employees only. SMEs will get to enjoy subsidies of up to 90%.
Terms & Conditions apply.

Self-sponsored participants:
Approved for UTAP support for intakes conducted after 1 April 2016.
NTUC members enjoy 50% (unfunded) course fee support with up to $250 every year when you enroll for courses supported under UTAP (Union Training Assistance Programme). This excludes miscellaneous fees such as GST and registration fee etc.
(Terms & Conditions apply)

For eligibility criteria or UTAP claims submission, please click here

Programme Objective

Building further on the concepts and knowledge highlighted in PAW – AWP 1 and PAW – AWP 2, and designed specifically for the reviewers and those tasked with supervising the audit engagement, PAW – SAR aims to provide practical guidance for those experienced audit personnel tasked with the audit engagement management responsibility.

Programme Outline

At the end of the 5-day PAW–SAR, participants will be able to:

  • Recognize the role, ethical and professional requirements and responsibilities of the various levels of audit engagement team members and be able to coach the audit staff in the compliance with those requirements;
  • Recognize and be able to resolve common ethical challenges and dilemmas;
  • Understand the key audit concepts and requirements through the various audit case study examples:
  • Audit risk model and risk of material misstatements
  • Audit procedures in response to risk identified
  • Audit judgment and conclusion;
  • Understand and apply the relevant audit concepts and documentation techniques in the audit process, such as:
  • Staff selection and assignment of responsibilities;
  • Risk assessment and appropriate responses;
  • Evaluation of audit exceptions and alternative audit procedures;
  • Review of audit work paper, best practices, common weakness and practical challenges;
  • Evaluation of the sufficiency and appropriateness of audit evidence gathered by the engagement team, applying sufficient rigour and challenge to the audit evidence obtained and documentation on file;
  • Provision of adequate supervision over the audit staff/ engagement team members during the audit process on a timely basis;
  • Consultation and quality control process over audit engagement;
  • Understand and apply the concept of audit procedures and documentation requirements in relation to the audit completion process, such as communication with management, evaluation of corrected and uncorrected misstatements, audit conclusion, etc.; and
  • Understand and apply the best practices in improving the overall audit efficiency and effectiveness.

Intended For
This PAW – SAR workshop is specially designed for reviewers and those tasked with supervising the audit engagement with a minimum of 4 years of practical audit experience.

Written assessments will be conducted during mid and end of workshop.

Rescheduling of Assessment Date
Participants can request for a rescheduling of assessment date. An administrative fee of $53.50 (including GST) will be payable. This fee will be waived if the rescheduling is due to medical or compassionate reason. Please provide relevant supporting documents.

Participants who do not score an overall pass for the assessments can request for a re-assessment within 7 working days from the last day of the course. An administrative fee of $107.00 (including GST) will be payable. A re-assessment will be arranged within 14 working days from the last day of the course. Participants may attempt the re-assessment once only.

Competency Mapping

Category 1, Category 2, Category 3

Upon completion of the program, certificate be issued manually by ISCA. ISCA members are required to enter the training records into Membership portal for audit purposes.

Programme Facilitator(s)
A team of experienced professionals comprising CAs (Singapore) with extensive auditing experience.
Please click here to view trainers' profile.


Institute of Singapore Chartered Accountants (ISCA)
60 Cecil Street, ISCA House
Singapore 049709

MRT: Raffles Place Station, Exit F

Closing Date for Registration
1 week before programme or until full enrolment.

If the registration is closed, please contact if you wish to be notified when the next intake is opened for registration.

Click PAW homepage for details on Practical Audit Workshop and Testimonial from participants. 

WDA Training Grant (Applicable for company-sponsored employees only)

Step 1: Apply for Training Grant and Absentee Payroll

Employers can apply via the SkillsConnect system to obtain training grant for course fees and funding for absentee payroll. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date. Please click here to apply for training grant via the SkillsConnect system. 

Step 2: Claim Training Grant

(Note: Your training grant application must be approved before you can submit a claim for it.)  

After the course has ended, you need to submit a claim for it. Your claim must be submitted no later than 120 days after course end date. Please click here to claim for training grant via the SkillsConnect system.  

Please click here to view the types of funding available.

ELIGIBILITY CRITERIA for the WDA training grant

Please note that companies must fulfil the following criteria before claiming training grant:

  • Company must have paid for all necessary training expenses to the training organisation  

  • Trainee(s) must be Singapore Citizen(s) or Permanent Resident(s) of Singapore, and must be employed by companies in accordance to the Employment Act except for sole proprietors, partners, working directors, members of co-operatives or commission-based agents.

  • Trainee(s) must have achieved at least 75% attendance

  • Trainee(s) must have sat for and passed the examinations/ assessments where applicable

Please contact WDA SkillsConnect at 6883 5885 or through their feedback portal ( for more information on the funding.


Programme Details

Seminar Title PAW003: Practical Audit Workshop – Supervisory and Review (PAW – SAR)
Duration 5.4 day(s) (37.50 ISCA CPE Hours)
Session Date 10 May 2016 ,  13 May 2016 ,  17 May 2016 ,  20 May 2016 ,  24 May 2016

01 Aug 2016 ,  04 Aug 2016 ,  12 Aug 2016 ,  19 Aug 2016 ,  23 Aug 2016

26 Oct 2016 ,  02 Nov 2016 ,  09 Nov 2016 ,  14 Nov 2016 ,  18 Nov 2016
Fee Members: $1,926.00
Non-Members: $1,926.00


10 May 2016  (9:00AM - 6:00PM)
13 May 2016  (9:00AM - 6:00PM)
17 May 2016  (9:00AM - 6:00PM)
20 May 2016  (9:00AM - 6:00PM)
24 May 2016  (9:00AM - 6:00PM)
   (Registration Closed)
   Programme Deferred to 01 Aug 2016
01 Aug 2016  (9:00AM - 6:00PM)
04 Aug 2016  (9:00AM - 6:00PM)
12 Aug 2016  (9:00AM - 6:00PM)
19 Aug 2016  (9:00AM - 6:00PM)
23 Aug 2016  (9:00AM - 6:00PM)
   (Registration Closed)
26 Oct 2016  (9:00AM - 6:00PM)
02 Nov 2016  (9:00AM - 6:00PM)
09 Nov 2016  (9:00AM - 6:00PM)
14 Nov 2016  (9:00AM - 6:00PM)
18 Nov 2016  (9:00AM - 6:00PM)
   (Registration Closed)