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The business impact of COVID-19

June2020 The key labour and contract law, financial statement disclosures and technological consideration.

R 475
Category Practice Management
Accredited SAIBA
CPD Hours 2
Effort 2 Hours
Duration 2 Hours
Format Webinar
Level Moderate
Assessment Yes
Supervised No
Pre-Entry No
Tuition Mandatory
Study Material No

What you will learn

By the end of this webinar you will be able to:

  • Inform clients about the legal and business impact of COVID-19.
  • Consider and help shape your client's response to COVID19 in terms of: Labour law issues, Occupational Health & Safety issues, Cyber security concerns, Accounting considerations, Insolvency consequences (including the basics of Business Rescue), and Directors’ liability. 

Study Units

Introduction

COVID-19 potential impact on various parties

 

  • Understand the potential impact of COVID-19 on: 
    • Businesses;  
    • Employers;  
    • Employees; and  
    • Other relevant parties. 

Wider consequences:

  • Legal repercussions. 
  • Employment issues. 
  • Cyber security concerns. 
  • Accounting considerations. 
    • Impairment. 
    • Subsequent events. 
    • Going concern. 
    • Disclosure. 
  • Insolvency consequences - Basics of business rescue. 
  • Directors’ liability in financially distressed times. 

Legal references:

  • BCEA.  
  • Companies Act & Regulations.  
  • Occupational Health & Safety Act.   

Requirements

  1. There are no preconditions for this course.  
  2. Moderate level.
  3. Recorded webinar made available on a specified date

Description

As far as the effects of COVID-19 are concerned, the main focus for accountants and auditors has been on tax relief and financial considerations. But there are very important legal, employment, technological and other burning issues that must be anticipated and evaluated. 

For example: Can you cancel a contract because of COVID-19? Avoiding contact, are electronically signed documents valid? Are there any accounting considerations that you need to look at? Should the impact of COVID-19 on businesses be disclosed in their annual report as a material risk?  What are some of the data protection implications of COVID-19 in South Africa? Do flexible and remote working arrangements constitute a cybersecurity threat? Can you be held liable for distributing “fake news” about COVID-19? 

During this webinar we look at these and many other questions currently, or soon to be, confronting South African businesses.  

PRICE         

The following pricing apply: 

  • Ad hoc: R475.00  
  • Subscription: N/A

 

DATE

This webinar will be available from 26 June 2020. 

 

PRESENTER

Lettie Janse van Vuuren CA(SA), RA 

Lettie is a Chartered Accountant, Registered Auditor, as well as an Assessor and Moderator. She joined SA Accounting Academy in November 2017 as Head of Technical. As a professional trainer and webinar host, she is able to hold the attention of an audience with her relaxed and humorous presentation style.  She has a unique ability to communicate with delegates at their respective levels of knowledge and experience.  Over the last 20 years, she has trained thousands of partners, managers, trainee accountants and other professionals.  

She is responsible for researching, compiling and presenting the SAIBA Quick Update Subscription package. 

WHO SHOULD ATTEND?

  1. Business Accountant (SA).
  2. Business Accountants in Practice (SA)
  3. Certified Business Accountants (SA)
  4. Chief Financial Officers (SA) 

ADDITIONAL MATERIAL

By attending this webinar, you will be provided with:  

  • Summarised slide presentation. 
  • Reference documents and / or course material where available. 
  • Access to a technical knowledge base.
  • Recorded webinar that includes an expert presenter and participant interaction. 

WHICH SUBSCRIPTION? 

This event is included in the following subscription packages. If you are not a subscriber, you need to purchase as a stand-alone event. 

  1. Accountant in Practice: No
  2. Accountant in Practice plus tax: No
  3. Bookkeeper: No 
  4. Quickupdate: No
  5. IFRS for SME's: No

 

HOW TO SUBSCRIBE?

Subscribers pay less for their CPD points. SAIBA offers 4 subscription packages that provides access to everything to run a successful accounting and tax practice. Pay a small monthly amount and gain access to monthly webinars covering ethics, financials, reporting, audit and assurance, working papers, law, technology, management topics, and tax. 

Click here to choose your subscription option.