Drafting IFRS and Companies Act Compliant Financial Statements
CPD Hours: 2
Price: R450.00
Drafting IFRS and Companies Act Compliant Financial Statements
Presenters : Jako Liebenberg CA(SA)
Overview
Accounting professionals know that the main objective of compiling financial statements is to provide useful information to users of those financial statements. These users (current and future) need to make important decisions regarding their interests in the reporting entity.
While this may sound obvious, there is need for constant reflection on whether the financial statements we prepare are indeed useful. As compilers, we need to ensure that every financial report we produce is communicating correct information as required by International Financial Reporting Standards as well as the Companies Act.
Competencies developed in this webinar
By attending this CPD webinar you will develop the following competencies:
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Understand basics of IFRS for SMEs regarding the drafting of compliant financial statements.
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Know how to apply the correct financial reporting framework.
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Understand financial reporting requirements of the Companies Act.
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Be able to draft and present compliant financial statements in the correct reporting format.
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Understand your responsibilities as a compiler and the risks involved.
Content
The webinar will cover the following topics:
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Drafting useful financial statements.
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IFRS for SMEs requirements.
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Applying the correct framework.
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Companies Act requirements.
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Your responsibilities as a compiler.
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Risks involved in compilation.
