Overview   

On 12 July 2021, and for the rest of that week, KwaZulu-Natal and parts of Gauteng were rocked by extensive civil unrest. The impact of this unrest was significant loss of business, damage to property and loss in investor confidence. The damage and destruction that occurred impacted not only the businesses that were directly looted and vandalised but other businesses as well in terms of supply chain and logistics. 

How will these events impact on financial reporting in the financial statements? What is the impact on auditors and reviewers, and what are the considerations for the way forward? This session is aimed at answering all these questions as we reflect on what happened and unpack the fallout and consequences for our clients and potentially our own businesses. 

Join Caryn Maitland CA(SA) on 6 September 2021 from 9:00 a.m. to 1:00 p.m. as she discusses the repercussions of the civil unrest on our work.  

Learning objectives  

By the end of this webinar the attendee should: 

• Be aware of financial reporting implications for companies whose financial years end before and after July 2021; 

• Be aware of challenges faced by auditing entities impacted directly and indirectly by the unrest;  

• Understand SARS' viewpoint on the matter; and 

• Be aware of the overall impact of the unrest on the country. 

Content 

The webinar will cover the following topics:  

• Accounting for: 

  • Subsequent events. 

  • Going concern. 

  • Discontinued operations. 

• Assessing risk and impact. 

• Challenges of incomplete documentation.  

• SARS’s view on estimates and relief. 

• Impact on business and the way forward. 

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, SAIBA, 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.  

Caryn 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.  She is also involved with the annual SAICA SMP Technical tour. 

Who should attend? 

The following persons will benefit from attending this webinar: 

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

• Business rescue practitioners; and 

• Trainee accountants. 

Price              

• R 575.00 - 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: 

• 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.