Overview  

Significant updates have recently been introduced in the preparation of annual reports, making it essential for all accounting professionals to stay informed. Understanding these changes ensures compliance and improves the quality of financial reporting.  

Prof Hentie van Wyk presents this webinar covering key developments, including:   

• IFRS 18 Presentation and Disclosure in Financial Statements (replacing IAS 1).  

• IAS 7 Statement of Cash Flows. 

• IAS 8 Basis of Preparation and IAS 33 Earnings per Share. 

• IFRS S1 General Disclosure of Sustainability Risks and Opportunities. 

• IFRS S2 Climate Change Disclosures . 

Join Prof Hentie van Wyk on 20 February 2025 from 10h00 to 12h00 as he provides expert insights into these important updates, offering practical guidance on how to implement the new standards effectively and enhance the quality of your annual reporting.  

Learning objectives  

Attending this webinar will equip you with the following skills: 

• Understand the key principles and structural changes introduced by IFRS 18 and learn how it affects financial statement presentation and disclosure requirements. 

• Explore how IFRS 18 impacts existing financial reporting frameworks and identify the interactions between IFRS 18 and other IFRS standards.  

• Understand the concepts of management-defined performance measures. 

• Gain an understanding of the integrated reporting framework and its objectives including how integrated reports align financial, non-financial and sustainability disclosures. 

• Learn how sustainability and climate risks impact financial statements and disclosures with a look at the reporting requirements under IFRS S1 (General Disclosure of Sustainability Risks and Opportunities) and IFRS S2 (Climate-Related Disclosures). 

Content 

The webinar will cover the following topics:  

• Presentation of financial statements. 

  • Changes proposed by IFRS 18. 

  • Practical examples. 

  • Management-defined performance measures. 

  • Consequential changes as a result of the introduction of IFRS 18. 

• The integrated report. 

  • Format and requirements. 

  • Practical illustrations of the integrated report. 

• Sustainability reporting. 

  • Reporting on sustainability IFRS S1. 

  • Reporting on climate change IFRS S2. 

 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  

Prof Hentie van Wyk   

Prof van Wyk obtained his BCom degree in 1978 after which he served articles at KPMG. He qualified as a CA(SA) in 1982. He then left KPMG in 1984 to join the University of the Free State as a senior lecturer. He was promoted to Associate Professor in 1988 and to Professor and Head of the Centre for Accounting in 1992. He obtained a PhD in Public Sector Management in 2003.    

Prof van Wyk is currently the Programme Director for Chartered Accountancy Education at the University of the Free State. He lectured IFRS at postgraduate level for more than 30 years and is still involved with the School of Accountancy on a part-time basis. He is a former President of the SA Accounting Association and the former Vice-president of the International Association of Accounting Education and Research. He has published several articles in various research journals and is co-author of two well-known IFRS textbooks in South Africa. Prof van Wyk served as a board member of the Free State Society of Chartered Accountants for 20 years and he was also member of the Academic Review Committee of the SAICA from 2005 to 2012. An active member of the community, Prof van Wyk is an officer in his church.  

Who should attend? 

The following persons will benefit from attending this webinar: 

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

• Management accountants. 

• Accounting officers. 

• Independent reviewers. 

• Registered auditors. 

• Compilers. 

• Trainee accountants. 

Price 

• R 450.00 - Online admission - Individual. 

• Group Price 1 - From R184 per person (up to 5 users) 

• Group Price 2 - From R121 per person (up to 10 users) 

• Group Price 3 - From R109 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 summarized 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 [email protected] 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: [email protected]