Drafting Financial Statements Part 2: Important Updates to IFRS
CPD Hours: 2
Price: R450.00
Drafting Financial Statements Part 2: Important Updates to IFRS
Presenters : Prof. Hentie van Wyk
Overview
This webinar is a follow up to Part 1 where Prof. Hentie van Wyk provided an in-depth discussion on significant IFRS updates impacting the preparation of annual reports.
In this session, the focus shifts to sustainability-related disclosures. The discussion will cover the fundamentals of Integrated Reporting namely, IFRS S1 Disclosure on Sustainability-Related Financial Information, and IFRS S2 Climate-Related Disclosures. You will gain insights into the evolving regulatory landscape and receive practical guidance on aligning with these standards to enhance transparency, accountability and long-term value creation.
Join Prof Hentie van Wyk for this important discussion that will strengthen the quality of your annual reporting.
Learning objectives
Attending this webinar will equip you with the following skills:
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Understand the principles and importance of Integrated Reporting.
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Learn the IFRS S1 requirements for sustainability-related financial disclosures.
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Comprehend the IFRS S2 climate-related disclosure requirements and their application.
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Identify best practices for incorporating sustainability disclosures into financial reporting.
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Apply key concepts to improve compliance and support strategic decision-making.
Content
The webinar will cover the following topics:
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Integrated Reporting.
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Overview.
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Benefits to organisations and stakeholders.
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Implementation challenges and strategies.
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Case studies and practical examples.
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IFRS S1: Disclosure on Sustainability-Related Financial Information.
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Key requirements and framework.
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Materiality assessment and disclosure considerations.
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IFRS S2: Climate-Related Disclosures.
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IFRS S2 framework and objectives.
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Key reporting elements:
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Governance.
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Risk management.
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Strategy.
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Metrics.
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Aligning IFRS S2 with other climate-related reporting frameworks.
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Practical steps for compliance and implementation.
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