IFRS for SME Update 2019 - Webinar Recording
Presenters : Caryn Maitland CA(SA)
IFRS for SME Update
Presenter: Caryn Maitland CA(SA)
Learning objectives:
By the end of this event the participant should:
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Understand the key differences between IFRS and IFRS for SMEs.
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Have working knowledge of IFRS for SMEs.
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Understand how to apply the Standard to special circumstances.
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Discuss common problems, challenges and considerations.
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Identify opportunities to add value to your clients through adopting IFRS for SME's.
Content:
The webinar will cover the following topics:
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The background and development of IFRS for SMEs;
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Scope and objectives of the Standard;
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Responsibilities of a compiler vs an assurance provider;
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Pervasive principles and elements of financial statements;
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Presentation of financial statements and first-time adoption transition;
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Accounting for:
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PPE, investment properties and intangible assets;
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Inventories and biological assets;
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Impairment, leases, forex transactions and deferred tax;
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Government grants and borrowing costs;
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Financial instruments, business combinations and goodwill;
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JVs, associates and share-based payments;
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Provisions and contingencies;
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Employee benefits and related parties;
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Revenue and events after reporting date.
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Common problems, challenges and considerations.
