IRBA Newsletter Issue 54

Issue 54 | April-June 2021 20 EDUCATION & TRANSFORMATION LAUNCH OF THE NEW AND IMPROVED ADP RELOADED At the IRBA, we do not just embrace change, we reload change. Among the changes introduced in 2021 are improvements to the Audit Development Programme (ADP) processes, and that has resulted in the ADP Reloaded. The objective of the ADP Reloaded project is to holistically explore and implement solutions to improve the programme’s processes and experience. In addition, the aim is to ensure that the assessment processes produce, in an efficient and effective way, suitably qualified and competent RAs. The changes started with a research project to review the ADP and identify its successes and areas of improvement. All that work ultimately culminated in recommendations to improve the ADP; and a phased-in approach has since been taken to implement the ADP Reloaded. What are the Key Changes Forming Part of the ADP Reloaded? The graphic below gives a brief overview of some of the key improvements that have been incorporated into the ADP Reloaded. Phase 1 of the ADP Reloaded comprises a new PoE structure that will replace the old PoE format, and this entails the changes highlighted in the graphic below.