As preparers of financial statements, we need to reflect on the usefulness and purpose of the information we present. Unfortunately we often fall back on habit and fail to question the message our financial statements are sending to the users.
Never has this been more important and impactful than the financials we are drafting for the 2020/2021 financial year, taking into account the effect and consequences COVID-19 has had on business and the risks to investors.
We are presenting this webinar where we would like to take the time to stop and reflect on our role and function as drafters of financial statements (aka compilers) during these uncertain times.
Join Caryn Maitland CA(SA) on 25 May 2021 from 9:00 a.m. to 1:00 p.m. as she presents a timely discussion on how to draft financial statements that are meaningful as well as useful to users.
By the end of this webinar the attendee should:
Be aware of current trends and attitudes towards disclosure;
Understand risks and responsibilities of the compiler;
Understand compilation per the Companies Act requirements;
Understand the basic principles of presentation and disclosure per IFRS for SME’s; and
Know areas of the financials most impacted by COVID-19 for years ended 2020/2021.
The webinar will cover the following topics:
Disclosure - current trends.
What are the compiler's responsibilities?
Risks involved in compilation.
Compilation and the Companies Act.
IFRS for SMEs principles of presentation and disclosure.
Calculating the public interest score.
COVID-19 impact on 2020/2021 financials.
This webinar qualifies for 4 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.
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.
The following persons will benefit from attending this webinar:
Professional Accountants including: RA(SA), CA(SA), PA(SA) and BAP(SA);
Accounting officers; and
Bookkeepers.
R 575.00 - Online admission - Individual.
R 950.00 - Online admission - Company.
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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.