Preparing for June 2026 Year End: IFRS Updates and Hot Topics
This IFRS Training Webinar Series, is designed specifically for those preparing financial statements for the June 2026 year-end. This two-part series provides a comprehensive overview of the latest IFRS updates, explore current hot topics, and highlight key areas of audit concern. In addition, we will offer practical guidance to support you in the preparation of high-quality financial statements.
Whether you are an experienced finance professional or new to IFRS reporting, these sessions will equip you with the knowledge and tools needed to navigate the evolving financial reporting landscape with confidence.
This webinar covers the following content:
1. Latest standards and interpretations applicable to the March 2026 year-end period
o Recent IFRIC agenda decisions to April 2026 [UPDATED]
o IAS 21 Lack of exchangeability
o IFRS 9 and IFRS 7 Amendments to the classification and measurement of financial instruments
o IFRS 9 and IFRS 7 Amendments relating to Contracts that reference nature-dependent electricity
o IFRS 18 Presentation and disclosure in financial statements [EXPANDED]
o IFRS 19 Subsidiaries without public accountability: Disclosures [UPDATED]
o Annual Improvements to IFRS Accounting Standards – Volume 11
o Revised IFRS Practice Statement 1 Management Commentary [NEW!]
o Revised Disclosures about Uncertainties in the Financial Statements using climate-related scenarios (relating to IAS 1) [NEW!]
o IAS 21 Amendment: The effects of changes in foreign exchange rates to a hyperinflationary presentation currency [NEW!]
2. Updates on topical areas for year-end reporting
o Adoption of the ZAR Overnight Index Average (“ZARONIA”) [NEW!]
o IFRS 15 Revenue disclosure pitfalls [NEW!]
o IAS 7 Cash flow statement pitfalls
o IAS 12 Income Taxes areas of audit concern [NEW!]
o Quantification and sources of external uncertainty for year-end reporting (including macroeconomic and geopolitical environment and climate-related matters) [UPDATED]
o Interim financial reporting – Areas of consideration [NEW!]
o Business combinations and other acquisition transactions [NEW!]
o Events after the reporting period [NEW!]
The webinar will cover both the theory associated with the above topics as well as practical examples and model disclosures.