2-Part Webinar Series:  Year-end Financial Statements preparation

Financial year-end close has become more complex, with new amendments and reporting complexities, not to mention increased pressure from stakeholders.

This 2-part webinar series aims to provide participants with the latest IFRS updates and insights to assist with year-end financial preparation, focussing on hot topics, areas of audit concern and practical financial statement preparation guidance.

This webinar will cover the following content:

Topical areas

  • Cash flow statement refresher
  • Quantification and disclosure of the impact of external uncertainties
  • Financial Reporting in Hyperinflationary economies [NEW!]
  • Application of IFRS 17 Insurance Contracts – Scope and applicability
  • Latest IFRIC agenda decisions, including -
    • Lease substitution rights
    • Lessor forgiveness of lease payments
    • Zero book value assets
    • Accruals, provisions and trade payables
    • Lease modifications

Updates and amendments

  • Amendments to IFRS standards applicable at year-end
    • IAS 1 Presentation of material accounting policy information
    • IAS 12 OECD Pillar 2 amendments [NEW!]
    • IAS 12 Deferred tax arising from a single transaction [NEW!]
    • Standards, interpretations and amendments issued but not yet effective for September 2024 year-ends [NEW!]
      • IFRS 16 Lease liability in a sale and leaseback arrangement
      • IAS 21 Lack of exchangeability
      • Supplier Financing Arrangements
      • IAS 1 Classification of liabilities as current or non-current
      • IAS 1 Non-current liabilities with loan covenants
      • IFRS 18 Presentation and disclosures in financial statements
      • IFRS 19 Subsidiaries without Public Accountability

The webinar will cover both the theory associated with the above topics as well as practical examples and model disclosures.

The webinar will contribute to 5 hours CPD/CPE.

Cost:

R2 012.50 (inclusive of VAT) / R1 750.00 (exclusive of VAT)