A Practical Approach to Drafting Financial Statements (Full IFRS) 2024
Available from
18 April, 2024
CPD
3
Course Category:
Financial Reporting
Level:
Moderate
To equip South African accountants with the essential knowledge and practical techniques needed for the efficient preparation and presentation of financial statements, crucial for reliable and transparent financial reporting. April 2024
Category: Financial Accounting
R 375 VAT Incl.
Product Information
What you will learn
Attending this webinar will equip you with the following skills:
- Enhanced Understanding of IFRS Disclosures:Â Gain a comprehensive understanding of the crucial disclosure requirements under IFRS, focusing on how these disclosures contribute to transparent, accurate, and complete financial statements.
- Insight into Financial Reporting in Uncertain Times:Â Learn how to navigate the complexities of financial reporting during uncertain times, including the application of professional judgment and the consideration of external factors such as economic, geopolitical, and health-related uncertainties.
- Awareness of the Impact of Climate Change on Financial Reporting:Â Develop an awareness of how climate change and environmental sustainability issues affect financial reporting, and understand the importance of including relevant disclosures in financial statements.
- Ability to Apply Professional Judgment and Understand Materiality:Â Attain a deeper understanding of the concepts of materiality and professional judgment, and how these principles guide the preparation and presentation of financial statements in compliance with IFRS standards.
Description
Drafting financial statements under Full IFRS (International Financial Reporting Standards) involves a meticulous process aimed at providing transparent and accurate representations of a company’s financial performance and position.  
The primary advantage of attending this webinar for accounting professionals lies in the opportunity to deepen their comprehension of the essential disclosure criteria outlined in full IFRS standards. By doing so, practitioners can elevate the clarity, precision, and comprehensiveness of financial statements. This acquired insight equips them to implement IFRS standards with greater efficacy, thereby guaranteeing that financial reporting aligns with international benchmarks and regulatory mandates. Consequently, this cultivates confidence among stakeholders and reinforces trust in the financial information provided.Â
Price
The following pricing apply:
Adhoc: R375.00
Subscription: Included for free in Accountant in Practice, Accountant in Practice plus Tax.
Content
The webinar will cover the following topics: 
-
- Overall Considerations and Concepts
- Financial Reporting in Uncertain Times
- Climate Change and Financial Reporting
- Need for judgement
- Materiality
- Remember the bigger picture
Â
- Â Disclosure Highlights (important IFRS requirements to be aware of):
- Â General Presentation
- Statement of Financial Position
- Statement of Profit and Loss
- Overall Considerations and Concepts
Certificate
The following CPD is awarded 3 Units Financial Reporting.
Requirements
There are no preconditions for this course.
Moderate level.
Recorded webinar made available on a specified date.
Presenter
Nestene Botha CA(SA) 
Nestene Botha completed her B.Com (Hons) at North West University in 2012. In 2014 she completed her professional articles and her Master’s Degree in Chartered Accountancy. She then registered with SAICA as a Chartered Accountant in 2015. 
Nestene has lectured on the audit programme at the University of Cape Town. She started her own audit, tax & accounting practice which she has since grown into a reputable firm in the Table View area with 60 clients and two staff members. 
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