Business Rescue or liquidation – when to choose which 2019 Presenter: Louise Klopper Learning objectives By the end of this event the participant should: Understand the duties and responsibilities of an external accountant w.r.t the Companies Act; Understand the risks involved with non-compliance; Understand the test for business rescue; Know the business rescue proceedings; Understand the roles, rights and responsibilities of stakeholders; Know when and how to liquidate troubled companies; and Know how to become a licenced business rescue practitioner. Content The webinar will cover the following topics: Accountant's duties and responsibilities w.r.t the Companies Act. Risks for non-compliance. Performing the business rescue test. Business rescue proceedings. Stakeholders' rights, roles and responsibilities during business rescue. To rescue or to liquidate? Liquidation explained. Stakeholders' rights, roles and responsibilities during liquidation. Becoming a licenced business rescue practitioner.
Presentation of financial statements for SMEs using Draftworx™ 2019 Presenter: Earl Steyn Learning objectives: By the end of this event the participant should: Know what Draftworx™ is. Understand the many functions of Draftworx™. Be able to practically use Draftworx™. Content: The webinar will cover the following topics: Introduction to the Draftworx™ home screen; Navigating on Draftworx™; Creating a new client on Draftworx™; Importing financial data into Draftworx™; Journal entries and the trial balance; Introduction to financial statements; Using lead sheets and working papers; and Other Draftworx™ functionalities.
SARS and NPO compliance 2019 Presenter: Ricardo Wyngaard (NPO Lawyer) Learning objectives By the end of this event the participant should: Know the registration and reporting requirements for NPOs, NPCs and PBOs. Understand legislative provisions for the provisions NPOs, NPCs and PBOs. Know the tax treatment of commercial activities for PBOs. Have an introductory understanding of VAT application to NPOs. Know the requirements for approval as a PBO. Know how to draft the constitution of an NPO. Content The webinar will cover the following topics: Registration of NPOs, NPCs and PBOs; Drafting the constitution of an NPO; Key provisions: NPO Act. Companies Act. Approval requirements to become a PBO; Completion of tax returns; Maintaining the tax exempt status; and Introductory VAT application for NPOs.
IFRS for SME Update Presenter: Caryn Maitland CA(SA) Learning objectives: By the end of this event the participant should: Understand the key differences between IFRS and IFRS for SMEs. Have working knowledge o f IFRS for SMEs. Understand how to apply the Standard to special circumstances. Discuss common problems, challenges and considerations. Identify opportunities to add value to your clients through adopting IFRS for SME's. Content: The webinar will cover the following topics: The background and development of IFRS for SMEs; Scope and objectives of the Standard; Responsibilities of a compiler vs an assurance provider; Pervasive principles and elements of financial statements; Presentation of financial statements and first-time adoption transition; Accounting for: PPE, investment properties and intangible assets; Inventories and biological assets; Impairment, leases, forex transactions and deferred tax; Government grants and borrowing costs; Financial instruments, business combinations and goodwill; JVs, associates and share-based payments; Provisions and contingencies; Employee benefits and related parties; Revenue and events after reporting date. Common problems, challenges and considerations.
Property Practitioners Bill 2019 Presenter: Lettie Janse van Vuuren CA(SA) Learning objectives By the end of this webinar the participant should be aware of the requirements applicable to clients of accountants, auditors and tax practition ers with regard to: The original Property Practitioners Bill 2018 Who is defined as a “property practitioner”, which will enable you to advise your client base accordingly – should this new legislation be applicable to your clients The newly amended Property Practitioners Bill and the proposed changes which will be relevant and applicable to “property practitioners” Course content The following topics will be covered in detail during the event: A summary of the original 2018 Property Practitioners Bill and a brief outline of the proposed changes which will be relevant and applicable to “property practitioners” A summary of the newly amended Property Practitioners Bill and a brief outline of the proposed changes which will be relevant and applicable to “property practitioners”
Compliance and Legislation Update June 2019 Presenter: Lettie Janse van Vuuren Learning objectives After attending this webinar you will: Be aware of the latest legislative changes and what it means for your business, practice, and your clients; Be able to inform your staff and clients on how to stay compliant; Adapt business models to fit new legislative landscapes; Receive references to documents and guides; Have access to your own technical resource; and Have access to the presenter via email for follow-up Q & A. Content These are examples of the topics covered that will include legislative, regulatory, industry standards, items and guides that have been issued and/or updated during the preceding month and will be covered in the webinar: Accounting: Updates regarding financial reporting and the accounting pronouncements, e.g. proposed and effective changes to International Accounting Standards (IAS), IFRS, IFRS for SMEs, etc. It also encompasses important news from IFAC, SAICA, standard-setting authorities and other relevant role players in the financial reporting field. Auditing and assurance services: Updates regarding new auditing pronouncements, e.g. proposed and effective changes to International Standards of Auditing (ISAs), South African Auditing Practice Statements (SAAPS), etc. It also encompasses important news from IRBA and other relevant role players about assurance services (i.e. auditing and independent review), non-assurance services, etc. Company secretarial: Updates and important notices released by CIPC, the Companies Tribunal and the Compliance Unit. It may also include general information on upcoming deadlines and other relevant information regarding the performance of company secretarial and related services. Employment law: This usually includes updates to the BCEA, sector-specific determinations setting out minimum wage rates, as well as publications containing lessons to be learnt from case law and judgments, e.g. CCMA, Labour Court, Supreme Court of Appeal, etc. Other laws and regulations: This usually includes publications regarding various other Laws and Regulations, e.g. BBBEE, Consumer Protection Act, National Credit Act, Occupational Health and Safety Act, etc. Overview of SAICA Big 5 for SMPs: Overview of the developments in the profession as highlighted by SAICA e.g. NCR Guidance, Draft Acts, Regulations, Bills, Amendment Acts, Government Gazette Notices, etc. Taxation: Overview of the developments in the tax profession as highlighted by SAIT e.g. new income tax pronouncements, interpretation notes, guides, etc. It also encompasses important news about SARS operations, eFiling, etc. Regulatory news: Updates to notices, articles, guides and press releases from relevant regulators in our industry, e.g. IRBA, SAICA, SAIT, FIC, FSB, JSE,Law Society SA and Fidelity Fund, Estate Agency Affairs Board (EAAB), SAIBA, FRSC etc. General announcements: Includes notices, articles and press releases from relevant stakeholders, e.g. ombudsman, etc. It also encompasses important news about SARS operations, eFiling, Newspaper articles, Technical magazines, Regulators issuing general news items, General media articles.