Overview   

As the world around us changes, and what never was becomes the new normal, are there any financial reporting standards that might have slipped under the radar while we focused on how to recover from the effects of the COVID-19 pandemic?  

IFRS 17 Insurance Contracts came online last year. This Standard is deceiving as many think that it only applies to those in financial services. Quite the opposite is true as the concepts within it relate to the general principles of offering insurance even for those that mat may not be aware they are in the insurance game!  

Our technical expert Caryn Maitland CA(SA) is presenting this 4-hour webinar where she dissects all Standards that have recently come into play including important considerations related to the COVID-19 pandemic for the 2020 financial year-end and in preparation for the 2021 year-end. Join Caryn on 16 November 2021 from 09:00 a.m. to 1:00 p.m. for these important accounting updates. 

  Learning objectives  

  By the end of this event the you should: 

• Be aware of important amendments to existing IFRS; 

• Be aware of new Standards that have recently been issued; 

• Understand how these changes affect accountants and their clients;  

• Understand how to practically apply the changes; and  

• Know how the COVID-19 pandemic has affected financial reporting and what can be done about it. 

Content 

  The webinar will cover the following topics:  

• Amendments to Standards effective now in 2021: 

  • IFRS 1 - First Time Adoption of IFRS. 

  • IFRS 3 - Business Combinations. 

  • IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors. 

  • IAS 12 - Income Taxes. 

  • IAS 16 - Property, Plant and Equipment. 

  • IFRS 17 - Insurance Contracts (Tentatively delayed to 1 January 2022) 

• COVID-19: Effects on financial reporting and what to do about it. 

• A quick run through IFRS for SMEs. 

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, SAIBA, 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.  

Caryn 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.  She is also involved with the annual SAICA SMP Technical tour.   

  Who should attend 

  The following persons will benefit from attending this webinar: 

• Professional accountants including: RA, CA(SA), PA(SA) and BAP(SA); 

• Accounting officers; and  

• Trainee accountants.  

 Price              

• R 575.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

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: 

• 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 me the presenter after the webinar.