Overview   

Joint arrangements consist of ‘joint ventures’ and ‘joint operations’. These two arrangements are accounted for differently. 

Joint ventures are no longer proportionately consolidated, but, in terms of IFRS 11, rather equity accounted with reference to IAS 28.  

Can you distinguish between joint ventures and joint operations? 

Join Anton van Wyk M.Com, CA(SA) for this webinar on 28 July 2020 from 9:00 a.m. to 11:00 a.m. where he will discuss principles for financial reporting by entities that have an interest in joint arrangements. 

   Learning objectives  

By the end of this event the participant should: 

• Understand what is covered under IFRS 11; 

• Understand the difference between a joint venture and a joint operation; 

• Understand how to account for joint arrangements; and  

• Understand measurement and recognition of assets, liabilities, expenses and revenue. 

Content 

The webinar will cover the following topics:  

• IFRS 11 – Joint Arrangements. 

• Joint operations vs joint ventures. 

• Rights and obligations of parties. 

• Accounting treatment of joint arrangements. 

• Measurement and recognition. 

Obtaining your CPD certificate 

This webinar qualifies for 2 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. 

About the presenter 

Anton van Wyk M.Com, CA(SA) 

Anton van Wyk is a chartered accountant and independent consultant in International Financial Reporting Standards (IFRS and IFRS for SMEs). As former subject head of Financial Accounting at various higher education providers (including the University of Johannesburg and Monash University South Africa), he has gained valuable insights into and understanding of the important principles underlying the International Financial Reporting Standards (IFRS). 

Anton is a well-known and popular presenter who has presented numerous IFRS updates for several accounting bodies across South Africa. He is known for his ability to simplify and highlight the most important principles contained in IFRS, whilst keeping the learning process enjoyable for attendees. 

Who should attend 

The following persons will benefit from attending this webinar: 

• Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA); 

• Accounting officers;  

• Tax practitioners; and 

• Bookkeepers.

Price         

• R 475.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

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 

• 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