Overview     

As far as the effects of COVID-19 are concerned, the main focus for accountants and auditors has been on tax relief and financial considerations. But there are very important legal, employment, technological and other burning issues that must be anticipated and evaluated. 

Can you cancel a contract because of COVID-19? Avoiding contact, are electronically signed documents valid? Are there any accounting considerations that you need to look at? Should the impact of COVID-19 on businesses be disclosed in their annual report as a material risk?  What are some of the data protection implications of COVID-19 in South Africa? Do flexible and remote working arrangements constitute a cybersecurity threat? Can you be held liable for distributing “fake news” about COVID-19? 

During this webinar we look at these and many other questions currently, or soon to be, confronting South African businesses.  

Join our technical expert Lettie Janse van Vuuren CA(SA) on 24 June 2020 from 1:00 p.m. to 3:00 p.m as she unpacks the wider considerations of COVID-19 in an understandable format.  She has also sourced some useful reference documents, that will be provided to you – free of charge – when you attend the webinar.  

Learning objectives    

   By the end of this event the participant should:   

• Understand the potential impact of COVID-19 on: 

  • Businesses;  

  • Employers;  

  • Employees; and  

  • Other relevant parties. 

• Be aware of the wider consequences that may result from COVID-19 including: 

  • Legal repercussions; 

  • Cyber security concerns; 

  • Accounting considerations; 

  • Insolvency consequences (including the basics of Business Rescue); and 

  • Directors’ liability in financially distressed times. 

• Be aware of the salient legal references: 

  • Labour legislation; 

  • Basic Conditions of Employment Act; 

  • Companies Act & Regulations; and  

  • Occupational Health & Safety Act.  

Content   

   The webinar will cover the following topics:   

• Introduction. 

• COVID-19 potential impact on various parties. 

• Wider consequences:  

  • Legal repercussions. 

  • Employment issues. 

  • Cyber security concerns. 

  • Accounting considerations. 

    • Impairment. 

    • Subsequent events. 

    • Going concern. 

    • Disclosure. 

  • Insolvency consequences - Basics of business rescue. 

  • Directors’ liability in financially distressed times. 

• Legal references: 

  • BCEA.  

  • Companies Act & Regulations.  

  • Occupational Health & Safety Act.   

Obtaining your CPD certificate   

 This webinar qualifies for 2 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  

 Lettie Janse van Vuuren CA(SA), RA  

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style.  She has a unique ability to communicate with delegates at their respective levels of knowledge and experience.  Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.   

She is responsible for researching, compiling and presenting our MCLU (Monthly Compliance and Legislation Updates). She was the Professional Development Manager at SAICA for 4 years and in charge of accrediting new training offices and monitoring existing ones (including the moderation of training offices and trainee assessments). 

Who should attend   

  The following persons will benefit from attending this webinar:   

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

• Employers. 

• Practising bookkeepers. 

• Accounting officers. 

• HR practitioners. 

 Price            

• R 475.00 - 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:  

• Summarised slide presentation;  

• Reference documents and / or course material where available; and   

• You can ask questions during the webinar and you will also have access to me the presenter after the webinar.