Overview 

Understanding the principles of consolidation and group accounts is crucial for financial professionals working with corporate financial statements. This webinar provides an in-depth exploration of IFRS 10, IFRS 11, and IFRS 12, focusing on the principles of control, joint arrangements, and disclosure requirements for interests in other entities. Participants will gain a comprehensive understanding of how to apply these standards to ensure compliance and accurate financial reporting.

Learning objectives 

Attending this webinar will equip you with the following skills:  

• Understanding the principles of control under IFRS 10 and their application in determining parent-subsidiary relationships.
• Analyzing joint arrangements under IFRS 11, distinguishing between joint operations and joint ventures.
• Comprehending the disclosure requirements under IFRS 12 for subsidiaries, associates, joint arrangements, and unconsolidated structured entities.
• Applying consolidation techniques, including full consolidation, equity method, and proportionate consolidation.
• Identifying key considerations when assessing control, including potential voting rights, de facto control, and structured entities.

Content 

The webinar will cover the following topics:   

• IFRS 10 - Consolidated Financial Statements

  • Definition and principles of control

  • Assessment of control, including power, returns, and link between power and returns

  • Accounting treatments and procedures for consolidation

  • Challenges in determining control (e.g., structured entities, potential voting rights)

• IFRS 11 - Joint Arrangements
  • Definition and classification of joint arrangements
  • Accounting treatment for joint operations vs. joint ventures
• IFRS 12 - Disclosure of Interests in Other Entities
  • Objective and scope of disclosure requirements
  • Key disclosures for subsidiaries, joint arrangements, associates, and structured entities.

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: 

• Registered auditors. 

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

• Independent reviewers. 

• 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