Overview

The Companies Act and the Tax Administration Act require that financial statements are fairly presented by preparers. As an accounting practitioner you need to be able to apply, present and disclose financial information as per IFRS requirements. You also need to be up-to-date with amendments to existing IFRS standards and know and be aware of any new ones.

Join Jako Liebenberg CA(SA) in this webinar as he provides practical advice and guidance on how to prepare and present financial statements according to the presenting and disclosing requirements of relevant IFRS standards. During the webinar you will benefit from going through an illustrative set of financial statements and also creating your own disclosure checklist which you can make use of in your work.

Learning objectives

By the end of this event the participant should:

• Know the latest requirements of the Companies Act and Tax Administration Act regarding financial statements;
• Understand how financial statements differ according to the type of user;
• Understand how to align financial statements to legislative requirements;
• Know how to deal with complex accounting transactions;
• Have a disclosure checklist they can use in their engagements.

Content

The webinar will cover the following topics:

• The Companies Act and Tax Administration Act on financial statements;
• Financial statements presentation and disclosure;
  • Statement of financial position;
  • Statement of comprehensive income and income statement;
  • Statement of changes in equity;
  • Statement of cash flows; and
  • Notes to the financial statements.
• Financial statements for different external users;
• Dealing with complex transactions:
  • Contingent liabilities;
  • Accounting for BEE transactions;
  • Intangible assets; and
  • Deferred tax.
• Implementation guidance (disclosure checklist)

Who should attend

• Accountants
• Auditors
• Bookkeepers
• Anyone else interested or involved in the financial reporting.

Price

• R 575.00 - Online admission - Individual.
• R 950.00 - Online admission - Company.

Steps to register for the event:

1. Click on register.
2. Create a free profile and become a free member.
3. Register for the event and check out.

Or

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Additional material

By attending this webinar, you will be provided with:

• 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 me the presenter after the webinar