A Practical approach to Drafting Financial Statements (Full IFRS) 


Date: Apr 16, 2024 - Apr 16, 2024

CPD hours: 2 Hours

Time: 10:00 - 12:00

Event Type: Webinar

Presenter: Nestene Botha CA(SA)
CA(SA)

Accounting practitioners reporting for entities applying full IFRS must be fully knowledgeable in this set of standards and possess more advanced skills than those required under IFRS for SMEs.

Overview

Accounting professionals tasked with reporting on behalf of entities that adhere to the comprehensive International Financial Reporting Standards (IFRS) must be exceptionally well-versed in these regulations. Their expertise needs to surpass that which is required for the simplified IFRS for Small and Medium-sized Enterprises (SMEs), due to the complexity and breadth of full IFRS.

On 25 May 2023, the International Accounting Standards Board (IASB) announced modifications to IAS 7 and IFRS 7 concerning Supplier Finance Arrangements, introducing new disclosure requirements. These requirements mandate that entities disclose both qualitative and quantitative details about their supplier finance arrangements. The amendments are set to take effect from 1 January 2024.

This webinar aims to shed light on these recent amendments to IFRS and provide a refresher on its scope and practical application. We invite you to join Nestene Botha CA(SA) on 16 April 2024, from 10:00 am to 12:00 pm, for a comprehensive 2-hour session essential for every accounting professional engaged with full IFRS. 


Learning Objectives   

Attending this webinar will equip you with the following skills:  

  • A broad understanding of the purpose and scope of full IFRS as well as key concepts underlying the preparation and presentation of financial statements.  
  • Knowledge of key IFRS standards with a highlight of their purposes, basic requirements and most recent updates. 
  • Enhanced understanding of the crucial presentation and disclosure requirements under IFRS, focusing on how these disclosures contribute to transparent, accurate, and complete financial statements. 
  • Refreshed knowledge of how to recognise and measure key elements of financial statements.  
  • Attain a deeper understanding of the impact of climate change on financial reporting as well as how to navigate the complexities of financial reporting during uncertain times.  

Content   

The webinar will cover the following topics: 

  • Background: Understanding the framework. 
  • Recent amendments to IFRS. 
  • Refresher: Key IFRS standards. 
  • Disclosure highlights. 
  • Financial reporting in uncertain times. 
  • Climate change and financial reporting. 
  • Tools and resources. 

Obtaining your CPD certificate  

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

Upon completing this training, attendees will receive a CPD certificate, which will be available in their online profile. This certificate is in alignment with IFAC's IES 7 standards, focusing on one of the following areas:

  • Input-Based Learning: Recognition of your participation in structured educational activities based on the number of hours of the training.
  • Output-Based Achievement: Evidence of the knowledge and skills you have gained through an assessment.
  • Outcomes-Based Impact: Demonstration of how your professional practice has improved through reflection.

About the Presenter

Nestene Botha CA(SA) 

Nestene Botha completed her B.Com (Hons) at North West University in 2012. In 2014 she completed her professional articles and her Master's Degree in Chartered Accountancy. She then registered with SAICA as a Chartered Accountant in 2015. Nestene has lectured on the audit programme at the University of Cape Town. She started her own audit, tax & accounting practice which she has since grown into a reputable firm in the Table View area with 60 clients and two staff members.  


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 R184 per person (up to 5 users)  
  • Group Price 2 - From R121 per person (up to 10 users)  
  • Group Price 3 - From R109 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 content).
  • 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.    

About SA Accounting Academy

The SA Accounting Academy is an accredited private QCTO, SAICA - AT(SA), ICB and BANKSETA qualifications provider. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Qualifications and courses delivered are designed to ensure that you reach your professional goals and advance your career. With our experienced faculty, staff, and resources, you can be confident that you will receive the highest quality of training.

SAAA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.


Corporate Training Solutions

At the Accounting Academy, we recognize 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 prioritize 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 [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational 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: [email protected]  

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Venues & Dates

The following venues and dates are available for this event.


Discounts available

The following discounts are available for this event

Discount Promo code: Access to the webinar / recording

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