Financial Statements preparation webinar series
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 covers the following content:
Latest standards and interpretations applicable to the June 2025 year-end period
- Recent IFRIC agenda decisions [UPDATED]
- IAS 1 Non-current liabilities with loan covenants
- IAS 1 Classification of liabilities as current or non-current
- IAS 21 Lack of exchangeability
- IAS 7 & IFRS 7 Supplier finance arrangements [UPDATED]
- IFRS 9 and IFRS 7 Amendments to the classification and measurement of financial instruments [NEW!]
- IFRS 16 Lease liability in a sale and leaseback arrangement [NEW!]
- IFRS 9 and IFRS 7 Amendments relating to Contracts that reference nature-dependent electricity [NEW!]
- IFRS 18 Presentation and disclosure in financial statements [NEW!]
- IFRS 19 Subsidiaries without public accountability: Disclosures [NEW!]
- Annual improvements to IFRS Accounting Standards – Volume 11 [NEW!]
Updates on topical areas for year-end reporting
- IFRS 9, 15 and 16 interplay for year-end classification and reporting
- IAS 7 Cash flow statement pitfalls
- Zero book value assets – high-level considerations only
- Quantification and sources of external uncertainty for year-end reporting (including the US tariffs update and climate-related matters) [UPDATED]
- IAS 29 Financial reporting in a hyperinflationary economy [UPDATED]
- IFRS 17 Accounting for Financial and other guarantee contracts [NEW!]
- Lease Modifications – lessee and lessor (including impact on short-term leases)
- IFRIC 23 Uncertainty over income tax treatments
The webinar will cover both the theory associated with the above topics as well as practical examples and model disclosures.
CPD 4 hours