Overview   

Between 1 July 2018 when the CIPC introduced mandatory iXBRL tagging for the financial reports of publicly listed companies, and 30 June 2020, the CIPC received 24 566 successful submissions. 

The iXBRL filing format simplifies the filing process for annual returns. It gives increased transparency and accountability of the filer/compiler as well as comparability of different entities' financials.  

Which entities are required to file annual financial statements (AFS) with their annual returns?  What about the financial accountability supplement (FAS)? We are presenting a webinar that will address these questions and many other FAQs. During this webinar you will also see how to go through the actual filing process.  

Join Nestene Botha CA(SA) on 25 June 2021 from 10:00 a.m. to 12:00 p.m. as she discusses the background to iXBRL and gives you a hands-on demonstration of how to file correctly.  

Learning objectives  

By the end of this webinar the attendee should: 

• Fully understand iXBRL filing.  

• Understand which companies must file using iXBRL.  

• Understand the role of accountants vs auditors in filing iXBRL.  

• Know the filing deadlines and penalties for non-submissions.  

• Get answers to FAQs on iXBRL.  

Content 

The webinar will cover the following topics:  

• Background to iXBRL.  

• Mandatory iXBRL tagging, 

• What is the financial accountability statement? 

• Do XBRL financial statements need to be audited?  

• Guidelines on how to file. 

• Deadlines and penalties for incorrect or late submissions.  

• Answers FAQs on iXBRL. 

Obtaining your CPD certificate 

This webinar qualifies for 2 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies. 

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

About the presenter 

Nestene Botha CA(SA) 

Nestene completed her B.com (Hons) at North West University in 2012. In 2014 she completed her professional articles and her Masters 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 Tableview area with 60 clients and two staff members. 

Who should attend? 

The following persons will benefit from attending this webinar: 

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

• Auditing Trainees; and  

• Assurance departmental support staff. 

Price              

• R 475.00 - 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: 

• 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.