IFRS Update


Date: May 9, 2019 - May 9, 2019

CPD hours: 4 Hours

Time: 09:00 - 13:00

Event Type: Webinar

Presenter: Milan van Wyk
Lecturer, Financial Accounting, University of Johannesburg

IFRS has been through the biggest changes since it was adopted in South Africa. 3 major standards have or had implementation dates of 2018 and 2019 (IFRS 9, 15, 16). 

Overview   

IFRS has been through the biggest changes since it was adopted in South Africa. 3 major standards have or had implementation dates of 2018 and 2019 (IFRS 9, 15, 16). 

Join Milan van Wyk, CA(SA) as he provides coverage of newly effective and newly issued IFRSs and Interpretations, recent amendments to existing Standards and Interpretations, Exposure Drafts and other recent developments. Implementation issues are discussed, and clear guidance is provided using practical examples. 


Learning objectives  

By the end of this webinar you should be able to: 

  • Build on existing knowledge and be ready for compliance with the changing world of IFRSs 

  • Understand the significance of important changes to IFRSs with major new standards for 2018 (IFRS 9 & 15) and 2019 (IFRS 16). 

  • Learn to implement these latest developments.  

  • Network and interact with other experienced practitioners. 

  • Benefit from real-world illustrations and examples. 

  • Plan ahead for expected future changes. 


Content 

The webinar will cover the following topics:  

  • The reasons behind the significant changes. 

  • The potential commercial impact as well as the technical accounting changes. 

  • The new model in IFRS 15 – Revenue. 

  • The implications of IFRS 16 – Leases. 

  • The concepts within IFRS 9 – Financial Instruments. 

  • What are the recent and likely future changes to IFRSs? 

  • When must they be applied? 

  • What are the transitional provisions? 

  • How do the new requirements differ from current rules? 

  • What are the financial statement and performance reporting implications? 


Obtaining your CPD certificate 

This webinar qualifies for 4 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 

Milan van Wyk CA(SA) 

Milan van Wyk is a qualified Chartered Accountant CA(SA). He obtained his B.Acc degree (Cum Laude) at the University of the Free State in 2007 and his B.Acc (Hons) degree in 2008. 

He is currently lecturing accounting at Honours level at the University of Johannesburg. He is also involved in the JSE Proactive Financial Monitoring Project where financial statements of companies listed on the JSE are reviewed on a rotational basis in a five-year cycle for IFRS compliance. 


Who should attend 

The following persons will benefit from attending this webinar: 

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

  • Registered auditors, (RA). 

  • Financial managers. 

  • Accounting departments of large and medium companies. 


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  

Find out more about the benefits of being a CPD subscriber and attend this event for free - Click here


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 

Save this event to your Google or Outlook calendar.


Venues & Dates

The following venues and dates are available for this event.


Discounts available

The following discounts are available for this event

SAIT CPD Subscriber : CPD Package Department

I'm ready to join, please contact me

Explore Smarty