Overview      

This webinar highlights the latest changes to financial reporting standards applicable to December 2026 year-end financial statements and the significant developments coming into effect from 1 January 2027. It focuses on key IFRS amendments, the introduction of IFRS 18 Presentation and Disclosure in Financial Statements, and the third edition of the IFRS for SMEs Accounting Standard, including their implications for financial reporting, disclosures and transition planning. 

Join Caryn Maitland CA(SA) on the 23rd of November 2026 from 10:00 am to 12:00 pm as she unpacks the key accounting standards updates, explains the practical implications of the upcoming changes, and discusses how practitioners can prepare for the transition to new reporting requirements. The session will also cover disclosure requirements for standards issued but not yet effective, as well as wider developments in non-profit reporting, sectional title schemes, integrated reporting and sustainability reporting under King V. 

 Learning objectives     

Attending this webinar will equip you with the following skills:  

• Identify the new and amended IFRS Accounting Standards applicable to December 2026 year-end financial statements and understand their implications. 

• Understand the key requirements of IFRS 18, including presentation categories, required subtotals, management-defined performance measures and transition requirements. 

• Identify the significant changes introduced by the third edition of the IFRS for SMEs Accounting Standard and understand the practical implications for financial reporting. 

• Prepare disclosures for standards issued but not yet effective in accordance with IAS 8 and Section 10, and assess their expected impact on financial statements. 

• Recognise wider reporting developments affecting non-profit organisations, sectional title schemes, King V, integrated reporting and sustainability disclosures, and plan for their implementation. 

Content   

The webinar will cover the following topics:  

•  

• The Standard-Setting Landscape in 2026 

• IASB and ISSB work plans and post-implementation reviews 

• Effective dates, early adoption and transition provisions 

• Financial reporting frameworks under the Companies Act and Companies Regulations 

• IFRS Accounting Standards versus the IFRS for SMEs Accounting Standard 

• IAS 8 and Section 10: Standards issued but not yet effective 

• Amendments Effective from 1 January 2026 

• Classification and Measurement of Financial Instruments: Amendments to IFRS 9 and IFRS 7 

• Derecognition of financial liabilities settled through electronic payment systems 

• Contractual cash flow characteristics, including ESG-linked and contingent features 

• Non-recourse features and contractually linked instruments 

• Disclosures for equity instruments measured at fair value through other comprehensive income 

• Contracts Referencing Nature-dependent Electricity: own-use exemption and hedge accounting 

• Annual Improvements to IFRS Accounting Standards — Volume 11 

• Lack of Exchangeability and Supplier Finance Arrangements 

• IFRS 18: Presentation and Disclosure in Financial Statements 

• Replacement of IAS 1 and consequential amendments 

• Main business activities assessment 

• Operating, investing and financing categories 

• Income taxes and discontinued operations 

• Required subtotals: operating profit and profit before financing and income taxes 

• Management-defined performance measures and reconciliation disclosures 

• Aggregation and disaggregation principles 

• Expenses presented by nature and by function 

• Changes to the statement of cash flows 

• Transition requirements and restated comparative information 

• Practical implications for charts of accounts, financial statement templates and reporting software 

• IFRS for SMEs Accounting Standard — Third Edition 

• Revised concepts and pervasive principles under Section 2 

• Consolidated and separate financial statements and the definition of control 

• Financial instruments: classification, measurement and impairment 

• Fair value measurement and the fair value hierarchy 

• Business combinations and goodwill 

• Revenue from contracts with customers and the five-step model 

• Lease accounting requirements 

• Supplier finance arrangements and lack of exchangeability 

• Transition requirements and first-time application 

• Practical transition planning for practitioners and clients 

• Standards Issued but Not Yet Effective and the IASB Pipeline 

• IFRS 19: Subsidiaries without Public Accountability — Disclosures 

• Translation to a Hyperinflationary Presentation Currency 

• IFRS 20: Regulatory Assets and Regulatory Liabilities 

• Developments in provisions, goodwill and impairment 

• Financial instruments with characteristics of equity 

• Equity method accounting developments 

• Specialised Entities and Wider Reporting Developments 

• International Non-Profit Accounting Standard (INPAS) 

• Fund accounting, restricted and unrestricted funds, and grant income recognition 

• Financial reporting frameworks for non-profit companies, trusts and voluntary associations 

• Non-profit organisation registration and reporting obligations 

• Sectional title schemes: administrative funds, reserve funds, levies and special levies 

• Audit requirements and reporting timelines for community schemes 

• King V Code on Corporate Governance 

• Integrated reporting, double materiality and the King V disclosure template 

• IFRS S1 and IFRS S2: sustainability-related disclosures and the South African adoption roadmap 

• Practical Application and Implementation 

• Year-end checklist for December 2026 financial statements 

• Drafting the disclosure note for standards issued but not yet effective 

• Assessing the impact of upcoming accounting standard changes 

• Planning for IFRS 18 and the IFRS for SMEs third edition transition 

• Updating financial reporting processes, templates and systems 

• Client communication and engagement planning for 2027 

• Common errors and inspection findings 

Obtaining your CPD certificate  

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA.  

All attendees are issued with a CPD certificate available in an online profile.    

About the presenter  

Caryn Maitland CA(SA) 

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA. 

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  Caryn is also involved with the annual SAICA SMP Technical tour. 

Who should attend?  

The following persons will benefit from attending this webinar:  

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA.  

• Registered auditors.  

• Audit managers.  

• Trainee accountants.   

 Price               

• R 450.00 - Online admission - Individual.  

• Group Price 1 - From R337 per person (up to 5 users)   

• Group Price 2 - From R260 per person (up to 10 users)   

• Group Price 3 - From R224 per person (over 11 users)  

Steps to register for the event:   

If you already have a profile, login and register for the webinar.  

If you don’t have a profile, create a free profile then login and register for the webinar.  

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).  

Click here to find out about the Technical Resource Centre & CPD Subscription options.    

Additional material    

By attending this webinar you will be provided with:  

• A summarised slide presentation.  

• Reference documents and/or course material where available.  

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.    

Corporate training solutions  

At SA Accounting Academy, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.   

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritise hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.   

Interested in a bespoke corporate training experience? Reach out to us at corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.     

Contact us    

Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: ticket@accountingacademy.co.za