Seminar and workshop: Preparing financial statements under IFRS for SMEs – 8 CPD hours – Jul 2015

This half-day seminar will explore the fundamentals of applying the IFRS for SMEs in a highly practical and interactive manner, with a specific focus on the presentation and disclosure of IFRS for SME-compliant financial statements. The course will include an update on the proposed future changes to IFRS for SMEs. For those of you who require more detailed assistance and guidance on the preparation of financial statements under IFRS for SMEs, you will have the opportunity to attend an interactive workshop in the afternoon, when the presenter will discuss and take you through preparing statements for specific sections of the standard.

Content

1. New exposure draft

  • An update on the changes to the current version

2. The need for quality financial statements

  • Companies Act regulations
  • Tax Practitioners Act

3. Related topics on presentation and disclosure

  • Nature and scope of IFRS for SMEs (section 1)
  • Concepts and pervasive principles (section 2)
  • Financial statement presentation (section 3)
  • Statement of financial position (section 4)
  • Statement of comprehensive income and income statement (section 5)
  • Statement of changes in equity or income and retained earnings (section 6)
  • Statement of cash flows (section 7)
  • Notes to the financial statements (section 8)
  • Accounting policies, estimates and errors (section 10)
  • Related party transactions (section 35)
  • Implementation guidance (disclosure checklist)

4. A guide for micro-sized entities applying IFRS FOR SMEs

  • Recognition, measurement, disclosure

5. Presentation

  • Comprehensive examples of financial statements: Profit company and CC

Continuing Professional Development (CPD)

Attendance of the half-day seminar will accrue 4 + 1 hours’ CPD for members of a relevant professional body. Attendance of the seminar and workshop will accrue 7 + 1 hours’ CPD.

Complete a free online assessment at the end of the event and receive an additional CPD point.

Cost

OPTION 1: Half-day seminar

  • Members of SAAA: R 1,044.05
  • Non-members: R 1,099.00

OPTION 2: Half-day seminar + afternoon workshop

  • Members of SAAA: R 1,890.50
  • Non-members: R 1,990.00

OPTION 3: Webinar (half-day)

  • Members of SAAA: R 474.05
  • Non-members: R 499.00

OPTION 4: DVD + electronic course notes

  • Members of SAAA: R 474.05
  • Non-members: R 499.00

All above prices include VAT.

When and where

20 July 2015

  • Seminar: 09h00 – 13h00
  • Workshop: 14h00 – 16h30
  • Johannesburg, The Wanderers Club

21 July 2015

  • Seminar: 09h00 – 13h00
  • Workshop: 14h00 – 16h30
  • Pretoria, Diep in die Berg

21 July 2015

  • Online webinar: 09h00 – 13h00

27 July 2015

  • Seminar: 09h00 – 13h00
  • Workshop: 14h00 – 16h30
  • Durban, Riverside Hotel

28 July 2015

  • Seminar: 09h00 – 13h00
  • Workshop: 14h00 – 16h30
  • Cape Town, Lord Charles Hotel

Click here for more information and bookings.