The Deloitte School of Tax & Legal, in collaboration with the Deloitte Assurance team hosted the Materiality Considerations in Financial Statements Preparation webinar.
Effective 1 January 2023, preparers of financial statements are now required to disclose “Material” accounting policies as part of the amendment to IAS 1 Presentation of financial statements.
The objective of this webinar is to unpack this new amendment – what the new presentation requirements are and how it links to the concept of financial statement preparation materiality.
This webinar series covers the following content:
- Unpacking the requirements of the IAS 1 Presentation of financial statements amendment to presenting material accounting policies
- Understanding the link between the IAS 1 amendment and SAICA Practice Statement 2 Making materiality judgements
- Applying Practice Statement 2 to practical examples on how to calculate financial statement preparation materiality
- Working through examples on how to move from significant to material financial statements
The webinar series covers both the theory associated with the above topics as well as practical examples and model disclosures.
The webinar will contribute to 1.5 hours CPD/CPE.
R603.75 (inclusive of VAT) / R525.00 (exclusive of VAT)