Overview     

With the current unpredictable business environment caused by rolling blackouts and economic uncertainty, some entities are reassessing their ability to continue as a going concern.  

The impact on going concern is pervasive throughout the financial statements from how we view the directors decision to the manner in which we prepare the values in the financials. 

Going concern is a critical assessment of the health and sustainability of the company. If we get this wrong then users of financial information pay the price.  

This webinar focusses on the various factors to consider when assessing going concern and will assist you in justifying your assessment and disclosure of going concern. Join Caryn Maitland CA(SA) on 9 March 2023 from 9:00 a.m. to 11:00 a.m.  for another stimulating discussion.  

Learning objectives    

   By attending this webinar you will develop the following competencies:   

• Know when and how to apply the fundamental concept of going concern. 

• Differentiate between reporting on the going concern versus liquidation basis. 

• Understand the impact the disclosure of going concern has on the directors' report and financial statements. 

• Understand the impact of going concern on the assurance reports. 

• Recognise important factors to consider when assessing going concern.  

Content   

   The webinar will cover the following topics from a foundational to an advanced level:   

• Going concern defined. 

• The Conceptual Framework for financial reporting. 

• The Companies Act - Solvency and liquidity.  

• Disclosure of going concern. 

• International Standards on Auditing relating to auditor reporting. 

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:    

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

• Registered auditors. 

• Independent reviewers. 

• Trainee accountants.   

Price                 

• R 450.00 - Online admission - Individual. 

• Group Price 1 - R950 (maximum of 5 attendees) 

• Group Price 2 - R1 850 (maximum of 10 attendees)

• Group Price 3 - R2 650 (maximum of 15 attendees) 

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;  

• Detailed course material; 

• Source documents for reference/resource library; and   

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.