Overview 

This session builds on the foundation established in Part 1. It provides accountants and compilers of financial statements with a comprehensive understanding of the essential aspects of financial reporting, including the most appropriate framework for the preparation and presentation of financial statements. Attendees will also explore regulatory requirements and gain guidance on interpreting key financial disclosures in compliance with ISRE 2400. 

Join Lettie Janse van Vuuren CA(SA) on 11 June 2025 from 10h00 to 12h00 for practical considerations in the real-world application of financial reporting principles.  

Learning objectives 

Attending this webinar will equip you with the following skills:  

• Differentiate between financial reporting and compilations in terms of process, objectives and outcomes. 

• Gain an awareness of the key regulatory requirements set out in the Companies Act and regulations that govern financial reporting. 

• Recognise how IFRS and IFRS for SMEs differ in scope, complexity and reporting requirements. 

• Know the roles and responsibilities of management and compilers.  

• Learn basic techniques to analyse and interpret financial statements.   

Content 

The webinar will cover the following topics:   

• Introduction: 

  • Where did we stop with Part 1? 

  • Financial reporting VS Compilations. 

• Identifying key regulatory requirements governing financial reporting: Companies Act 

  • Section 29 Financial Statements. 

  • Section 30 Annual Financial Statements. 

  • Regulation 28 – Financial Reporting Framework. 

  • Calculating the Public Interest Score, including concepts of “owner-managed”. 

• IFRS vs IFRS for SMEs. 

  • Basic differences. 

  • Preparation and presentation of financial statements. 

  • Financial Reporting Framework. 

  • Recognising the responsibilities of management and compilers. 

  • Ethical considerations in financial reporting. 

• Analysing the financial statements. 

  • Users of the financial information. 

  • Financial position. 

  • Financial performance. 

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.   

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. 

• Independent reviewers. 

• 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 SA Accounting Academy, we recognise 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 prioritise 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 [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational 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: [email protected]