Overview  

The IFRS Framework establishes the foundation for financial reporting, ensuring consistency, transparency, and accountability across global markets. This webinar introduces you to the key components of the IFRS Framework and the pervasive principles that underpin its application.

Whether you're new IFRS or looking for a structured refresher, this session is designed to provide a clear understanding of the framework's objectives, concepts, and practical implications for financial reporting.

Join Caryn Maitland CA(SA) on 24 January 2025 from 10:00 a.m. to 12:00 p.m. for this session and build a solid foundation in IFRS that will support your financial reporting expertise. 

Learning objectives  

Attending this webinar will equip you with the following skills: 

• Understand the purpose and structure of the IFRS Framework. 

• Identify the qualitative characteristics of useful financial information.

• Apply the fundamental principles that guide financial reporting under IFRS. 

• Recognise the concept of materiality and its role in financial statements. 

• Gain insights into how the IFRS Framework supports consistency and comparability.   

Content 

The webinar will cover the following topics: 

• Introduction to the IFRS Framework

  • Objectives and scope of the IFRS Framework.

  • Importance of the Framework in Financial Reporting.

  • Key users of financial statements and their information needs. 

• Qualitative Characteristics of Financial Information 

  • Fundamental qualitative characteristics: relevance and faithful representation.

  • Enchancing qualitative characteristics: comparability, verfiability, timeliness, and understandability. 

  • Practical examples of how these characteristics are applied. 

• Pervasive Principles

  • Accrual basis of accounting.

  • Going concern assumption.

  • Materiality and aggregation in financial statements.

  • The role of prudence in financial reporting.

• Elements of Financial Statements

  • Definitions and recognition criteria for assets, liabilities, equity, income, and expenses.

  • Practical applications and examples. 

• Practical Insights

  • Common challenges in applying IFRS principles.

  • Strategies for overcoming these challenges.

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]