Overview    

This webinar provides a structured introduction to the IFRS for SMEs (3rd Edition), focusing on the underlying foundations, structure, and first principles of the Standard. Rather than diving straight into detailed technical requirements, the session explains the purpose, logic, and conceptual framework that underpin the IFRS for SMEs, enabling practitioners to understand how and why the Standard works. This foundational understanding is essential for consistent application, sound professional judgement, and high-quality financial reporting. 

Join Caryn Maitland CA(SA) on 13 February 2026 from 10:00 am to 12:00 pm as she unpacks the architecture of the IFRS for SMEs (3rd Edition), explains the pervasive principles that apply throughout the Standard, and highlights the key changes introduced in the latest edition. 

Learning objectives   

Attending this webinar will equip you with the following skills:  

• Understand the purpose, scope, and intended application of the IFRS for SMEs (3rd Edition) 

• Identify and interpret the key changes introduced in the 3rd Edition 

• Navigate the structure and layout of the Standard efficiently 

• Apply the pervasive principles and qualitative characteristics correctly 

• Build a strong technical foundation for applying recognition and measurement requirements in practice 

Content   

The webinar will cover the following topics:  

• Introduction to IFRS for SMEs (3rd Edition) 
  • Objective of the Standard 
  • Scope and applicability 
  • Eligible entities 

• Structure of the IFRS for SMEs Standard 
  • Section-based structure 
  • Logical flow of requirements 
  • Cross-referencing within the Standard 

• Concepts and Pervasive Principles 
  • Qualitative characteristics of useful financial information 
  • Accrual basis of accounting 
  • Going concern assumption 
  • Substance over form 

• Recognition and Measurement Foundations 
  • Definitions of assets, liabilities, income, and expenses 
  • Recognition criteria 
  • Measurement bases permitted under IFRS for SMEs 

• Fair Presentation and Compliance 
  • Fair presentation of financial statements 
  • Explicit and unreserved statement of compliance 
  • Circumstances permitting departure from the Standard 

• Overview of Key Changes in the 3rd Edition 
  • Amendments affecting recognition and measurement 
  • Disclosure-related changes 
  • Practical implications for preparers and reviewers 

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:  

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

• Registered auditors.  

• Audit managers.  

• Trainee accountants. 

Price 

• R 450.00 - Online admission - Individual.  

• Group Price 1 - From R337 per person (up to 5 users)   

• Group Price 2 - From R260 per person (up to 10 users)   

• Group Price 3 - From R224 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 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.  

Corporate training solutions  

At the Accounting Academy, we recognize 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 prioritize 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 corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational 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: ticket@accountingacademy.co.za