Webinars On-Demand

Learning Objectives: By the end of this event the participant should:  Understand the scope of IFRS for SMEs Section 21 Provisions and Contingencies.  Understand how and when to recognise provisions in the AFS;   Know how to measure provisions initially and subsequently;  Understand how to disclose provisions in the AFS; and  Know how to practically apply the Standard as a whole.   Content: The webinar will cover the following topics:   Introduction to IFRS for SMEs Section 21 Provisions and Contingencies:  Scope;   Definitions; and  Overview.  What is excluded from the definition of "provision"?  Recognition of provisions – How and when?   Initial and subsequent measurement of provisions.   How to disclose provisions in the AFS. 

Learning objectives   By the end of this event the participant should:  Understand the purpose of IFRS for SMEs Section 29 Income Tax.  Understand the contents of the Standard;  Understan d how to correctly calculate deferred tax;   Understand how to calculate income taxes; and  Know how to practically apply the Standard as a whole.   Content  The webinar will cover the following topics:   Introduction to IFRS for SMEs Section 29 Income Taxes.  Recognition of current tax assets and tax liabilities.   Measurement of current tax assets and tax liabilities.  Deferred tax:   Recognition.  Presentation.  Tax bases of assets and liabilities.  Temporary differences.  Discounting deferred tax assets and liabilities.  Offsetting and when it's allowed. 

Learning objectives  By the end of this event the participant should:  Understand the purpose of IFRS for SMEs Section 23 Revenue;  Understand how to recognise revenue;  Understand how to measure revenu e;   Understand how to present revenue in the AFS; and  Know how to disclose revenue in the AFS.   Content The webinar will cover the following topics:   Overview.  Recognising revenue.   How to measure revenue.  Presentation of revenue.  Disclosure considerations. 

Learning objectives   By the end of this event the participant should:  Know how to identify lease arrangements qualifying for recognition;  Know the difference between a finance leases and an operating leases;   Understand the rights and obligations of the lessor and lessee;  Understand how to account for lease payments; and  Understand how to recognise and disclose leases in the AFS;  Content  The webinar will cover the following topics:   Introduction to IFRS for SMEs Section 20 Leases.  Definition of a lease:  Operating lease.  Finance lease.  Lessor's rights and obligations.  Lessee's rights and obligations.  Accounting treatment of leases.  Lease recognition and disclosure.  

Learning objectives   By the end of this event the participant should:  Understand the objectives of IFRS for SMEs Section 11 - Basic Financial Instruments;  Understand the scope of IFRS for SMEs Section 11 - Basic Financial Instruments;  Understand initial measurement of financial assets and liabilities;   Understand measurement subsequent to initial recognition; and   Know how to disclose financial instruments on the AFS.        Content  The webinar will cover the following topics:   Scope of Section 11.  Initial measurement.  Includes transaction price and costs;  Financing transactions.  Measurement subsequent to initial recognition.  Using the effective interest rate.  Using the undiscounted amount to be paid.  Measurement of shares.  Testing for impairment.  When to derecognise financial assets and liabilities.  Disclosures. 

Learning objectives   By the end of this event the participant should:  Understand the scope of Sections 12 & 22 of the IFRS for SMEs standard;  Understand how to measure financial instruments under Section 12;  Have guidance on classifying an instrument as liability or equity; and  Know how to disclose the financial instruments covered.  Content  The webinar will cover the following topics:   Scope of Sections 12 and 22.  Other financial instruments covered under Section 12.  Measurement of Section 12 financial instruments.  Disclosure of Section 12 financial instruments.  Classifying an instrument as liability vs equity.  Disclosure under Section 22.  

Learning objectives   By the end of this event the participant should:  Understand the contents of Sections 28 and 26 of the IFRS for SMEs standard;  Understand the accounting treatment of employee benefits; an d  Understand share-based payment transactions.  Content  The webinar will cover the following topics:   Section 28 scope:  Short-term benefits.  Post-employment benefits.  Termination benefits.  Recognition of Section 28 employee benefits.  Section 26 scope.  Section 26 transactions and their recognition. 

Learning objectives   By the end of this event the participant should:  Understand the objective of IFRS for SMEs Section 19;  Know how goodwill is determined; and   Understand the accoun ting treatment of goodwill.  Content  The webinar will cover the following topics:   Scope of Section 19.  Acquisition method.  Goodwill armotisation.  Negative goodwill. 

Learning objectives   By the end of this event the participant should:  Understand the requirements of IFRS for SMEs Section 27 Impairment of Assets;  Know how to practically perform impairment testin g on assets; and  Know how to disclose impairment.  Content  The webinar will cover the following topics:   Scope of IFRS for SMEs Section 27 Impairment of Assets.   Asset impairment indicators.  Impairment of inventories.  Impairment of other assets.  Goodwill impairment.  Disclosure.