Catch Up CPD: Accounting 2021

2. Financial Statements – The Impact of COVID-19

Presented by Caryn Maitland CA(SA) | 4 units | What you will learn:

• Be aware of the areas of the financial statements that will be affected by the pandemic, taking into account financial reporting issues and Companies Act considerations;
• Be aware of important considerations and disclosure related to going concern and subsequent events;
• Be able to assess the indicators of impairment relating to goodwill, tangible assets and financial assets; and
• Be able to see how the pandemic has affected fair values and market values.

3. Reporting Engagements 2021

Presented by Jako Liebenberg CA(SA) | 5 Units | What you will learn:

• Understand the differences between the three types of reporting engagements;
• Understand the specific engagement standards that guide them;
• Understand common law, contract law and statutory law obligations when performing a reporting  engagement;
• Understand independence and other ethical considerations in relation to reporting engagements; and
• Be able to accept, perform and complete the different type of engagements.

4. Annual IFRS for SME Update 2021

Presented by Caryn Maitland CA(SA) | 5 units | What you will learn:

• Be aware of all relevant amendments to IFRS for SMEs.
• Reference IFRS for SME in client consultations.
• Be aware of the Comprehensive Review Project.
• Understand how these changes affect accountants and their clients.
• Understand how to practically apply the changes.
• Understand the impact of the pandemic on financial reporting.

5. Drafting Wills

Presented by Jako Liebenberg CA(SA) | 2 Units | What you will learn:

• Understand legislation governing wills and deceased estates;
• Understand the importance of having a will that is legally enforceable.
• Understand the basic structure of a will;
• Understand the basic requirements for drafting a will;
• Be able to draft a legally enforceable will; and
• How to use the service of drafting a will as additional revenue source.

6. Overview and Recent Amendments to Companies Act (including CIPC powers)

Presented by Edith Wilkins | 5 Units | What you will learn:

• Understand a broad overview of the Companies Act;
• Understand the main purpose of the Act;
• Understand specific parts of the Act that directly affect the accountant’s work;
• Understand different stakeholders’ roles, responsibilities and liabilities; and
• Know how the CIPC enforces the Act and monitors compliance with financial reporting standards.

7. Business Rescue Engagements 2021

Presented by Caryn Maitland CA(SA) | 4 units | What you will learn:

• Understand business rescue in its full context;
• Understand financial distress vs going concern;
• Understand business rescue proceedings;
• Understand the roles, rights and responsibilities of stakeholders; and 
• Know how to become a licenced business rescue practitioner.  

8. Management Accounts 2021

Presented by Caryn Maitland CA(SA) | 3 units | What you will learn:

• Know the importance of understanding the business and identifying key elements that need to be tracked and reported on.
• Understand minimum requirements needed in the reports for directors to meet their fiduciary duty.
• Know the importance of conveying information in an easily digestible manner.
• Be able to identify additional services and revenue streams for the accountant’s practice.
• Be able to effectively assist clients in their decision making process.