Overview  

The recent focus on sustainability and climate change has led to the development of the IFRS S1 and IFRS S2 standards, which provide a framework for comprehensive reporting on these critical issues. IFRS S1 focuses on general sustainability-related financial disclosures, requiring companies to report on their sustainability risks and opportunities in a transparent and comparable manner. This standard aims to enhance the quality and consistency of sustainability reporting, enabling stakeholders to make better-informed decisions based on reliable data. 

IFRS S2, on the other hand, is specifically dedicated to climate-related financial disclosures. It mandates the identification and reporting of climate change risks and opportunities, urging companies to incorporate climate considerations into their strategic planning and risk management processes. The standard also outlines the methodologies for calculating carbon dioxide equivalent emissions and emphasises the importance of presenting the greenhouse gas inventory across three scopes. This ensures a comprehensive and detailed approach to climate-related reporting, reflecting the true impact of a company's operations on the environment. 

Join Prof Hentie van Wyk on 17 July 2024 from 10:00 a.m. to 12:00 p.m. for a two-hour webinar as he takes you through IFRS S1 and IFRS S2 which represent a significant step forward in the realm of sustainability and climate change reporting.   

Learning objectives  

Attending this webinar will equip you with the following skills: 

• Understanding sustainability risks and opportunities 

• Comprehending sustainable development goals 

• Evaluating climate change risks and opportunities 

• Disclosing sustainability and climate change risks and opportunities 

• Calculating carbon dioxide equivalent emissions 

• Presenting the greenhouse gas inventory across three scopes 

Content 

The webinar will cover the following topics:  

• New structure of the IFRS Foundation 

• Why IFRS S1? 

• Sustainability development goals 

• Risks from interactions with stakeholders 

• Value chain 

• General sustainability disclosure requirements 

• Why IFRS S2? 

• Greenhouse gases 

• Effect of overstocking the atmosphere with greenhouse gases 

• General disclosure of carbon dioxide equivalents in 3 scopes 

• Case study 

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  

Prof Hentie van Wyk   

Prof van Wyk obtained his BCom degree in 1978 after which he served articles at KPMG. He qualified as a CA(SA) in 1982. He then left KPMG in 1984 to join the University of the Free State as a senior lecturer. He was promoted to Associate Professor in 1988 and to Professor and Head of the Centre for Accounting in 1992. He obtained a PhD in Public Sector Management in 2003.    

Prof van Wyk is currently the Programme Director for Chartered Accountancy Education at the University of the Free State. He lectured IFRS at postgraduate level for more than 30 years and is still involved with the School of Accountancy on a part-time basis. He is a former President of the SA Accounting Association and the former Vice-president of the International Association of Accounting Education and Research. He has published several articles in various research journals and is co-author of two well-known IFRS textbooks in South Africa. Prof van Wyk served as a board member of the Free State Society of Chartered Accountants for 20 years and he was also member of the Academic Review Committee of the SAICA from 2005 to 2012. An active member of the community, Prof van Wyk is an officer in his church.  

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. 

• Management accountants. 

• Accounting officers. 

• Independent reviewers. 

• Registered auditors. 

• Compilers. 

• Trainee accountants. 

Price 

• R 450.00 - Online admission - Individual. 

• Group Price 1 - From R184 per person (up to 5 users) 

• Group Price 2 - From R121 per person (up to 10 users) 

• Group Price 3 - From R109 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 summarized 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]