Overview      

Financial instruments and leases are among the most frequently encountered yet often misunderstood areas of the IFRS for SMEs Accounting Standard. Incorrect classification, measurement, impairment assessments, and lease accounting can result in material misstatements, compliance issues, and unnecessary complexity in SME financial statements. This webinar provides practical guidance on applying Section 11: Financial Instruments and Section 20: Leases of the IFRS for SMEs (3rd Edition), enabling finance professionals to confidently account for common transactions without incorrectly applying full IFRS requirements such as IFRS 9 or IFRS 16. 

Join Caryn Maitland CA(SA) on 10 July 2026 from 10:00 am to 12:00 pm as she explores the practical application of the IFRS for SMEs (3rd Edition) requirements for financial instruments and leases. Through practical examples and technical guidance, delegates will learn how to correctly classify, measure, recognise and disclose financial instruments and lease transactions, while avoiding common errors and ensuring compliance with the applicable financial reporting framework. 

 Learning objectives     

Attending this webinar will equip you with the following skills:  

• Correctly classify financial instruments in accordance with Section 11 of the IFRS for SMEs Accounting Standard. 

• Apply the recognition, measurement and impairment requirements for common SME financial assets and liabilities. 

• Distinguish between finance leases and operating leases using the principles of Section 20. 

• Account for lease transactions, including recognition, measurement, finance charges, depreciation and disclosure requirements. 

• Identify and avoid common financial instrument and lease accounting errors to improve the quality and compliance of SME financial statements.    

Content   

The webinar will cover the following topics:  

• Financial Instruments under IFRS for SMEs (Section 11) 

• Classification of financial assets, financial liabilities and equity instruments 

• Initial and subsequent recognition and measurement 

• Amortised cost, effective interest method and impairment of financial assets 

• Derecognition, presentation and disclosure requirements 

• Lease Accounting under IFRS for SMEs (Section 20) 

• Finance leases versus operating leases 

• Lessee and lessor accounting requirements 

• Recognition, measurement, finance charges, depreciation and disclosure requirements 

• Practical Application and Common Compliance Pitfalls 

• Avoiding common classification and measurement errors 

• Applying practical impairment assessments for SME financial instruments 

• Ensuring compliance with the IFRS for SMEs (3rd Edition) while avoiding inappropriate application of IFRS 9 and IFRS 16 

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