IFRS for SMEs Section 12 – Other Financial Instrument Issues and IFRS for SMEs Section 22 – Liabilities and Equity
CPD Hours: 2
Price: R237.50
This is part of a series
Read more about seriesIFRS for SMEs Section 12 – Other Financial Instrument Issues and IFRS for SMEs Section 22 – Liabilities and Equity
Presenters : Caryn Maitland CA(SA)
This webinar on demand is part of a series of webinars. Click here to read more
Overview
In our previous webinar on IFRS for SMEs Section 11 Basic Financial Instruments we dealt with the accounting treatment relating to basic financial assets and financial liabilities of SMEs in their annual financial statements.
We now want to delve into the more conceptual area of the distinction between liabilities and equity (i.e. correct classification of what credit-balance instrument would be a financial liability and when such an instrument would be classified as equity instead). This webinar also looks at more complex financial instruments and how these should be accounted for in the annual financial statements of an SME.
Learning objectives
By the end of this event the participant should:
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Understand the scope of Sections 12 & 22 of the IFRS for SMEs standard;
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Understand how to measure financial instruments under Section 12;
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Have guidance on classifying an instrument as liability or equity; and
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Know how to disclose the financial instruments covered.
Content
The webinar will cover the following topics:
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Scope of Sections 12 and 22.
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Other financial instruments covered under Section 12.
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Measurement of Section 12 financial instruments.
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Disclosure of Section 12 financial instruments.
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Classifying an instrument as liability vs equity.
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Disclosure under Section 22.
