Overview: 

The short course extensively investigates the important principles covered by IAS 12 Income Taxes (full IFRS) and Section 29 Income Taxes (in the IFRS for SMEs). These two documents were fully aligned in 2015, and therefore have exactly the same requirements in respect of the recognition, measurement, presentation and disclosure of income taxes. 

The course uses practical examples to illustrate the principles and it also contains supporting videos. 

The Presenter: 

Anton van Wyk is a chartered accountant and independent consultant in International Financial Reporting Standards (IFRS and IFRS for SME). As former subject head of Financial Accounting at various higher education providers (including the University of Johannesburg and Monash University South Africa), he has gained valuable insights into and understanding of the important principles underlying the International Financial Reporting Standards (IFRS). 

Anton is a well-known and popular presenter who has presented numerous IFRS updates for several accounting bodies across South Africa. He is known for his ability to simplify and highlight the most important principles contained in IFRS, whilst keeping the learning process enjoyable for attendees. 

 Admission requirements: 

Anyone can attend this series. There are no minimum entry requirements. 

Delivery: 

The series is delivered through the SA Accounting Academy online learning platform. The series is divided into two parts that are easily digestible. In this way you can maintain a work-life balance whilst studying and improving your professional skills. 

Language: 

English. 

Assessment: 

Your assessment will be in the form of 5 milestone assessments that are done throughout the course. 

Registration: 

The course is open enrolment. 

Curriculum: 

Topics: 

Accounting for Taxes - Part 1 

We start off our two-part series by looking at the philosophy behind deferred tax including its calculation. We will also look at the assets and liabilities approach to calculating deferred tax as well the tax bases of assets, liabilities and income received in advance. 

This first part has 3 milestone assessments to solidify the principles discussed.  

Accounting for Taxes - Part 2  

In Part 2 we discuss the six exceptions relating to the tax bases of assets and liabilities. We also look at the presentation of income taxes on the face of the financial statements and disclosure in the notes to the financial statements. 

Complete Milestone Assessments 4 and 5 to round off this series. 

Price: 

R1150 for the full series.