IFRS for SMEs Section 27 - Impairment of Assets

To inform accountants on the provisions of IFRS for SMEs Section 27 – Impairment of Assets and its practical applications. Oct 2020


By the end of this event the participant should:

    • Understand the requirements of IFRS for SMEs Section 27 Impairment of Assets;
    • Know how to practically perform impairment testing on assets; and
    • Know how to disclose impairment.


Economies of the world are in turmoil with many of them, including South Africa, in recession! In this current situation, what is the accountant’s obligation regarding assets and their impairment? 

It is important that the accountant, in the performance of his/her duties, regularly tests assets (or groups of assets called ‘cash-generating units’) for impairment. Macro-economic indicators of possible impairment trigger the necessity to test assets for impairment, just like micro-economic indicators, such as significant damage to an asset, do. 

The correct principles for applyinthe process of impairment testing are laid out in the IFRS for SMEs Section 27 Impairment of Assets. 

Register now to join us for the explanation of this section together with its practical application.


The following pricing apply:
Ad hoc: R475.00
Subscription: N/A.


Study unit 1

Scope of IFRS for SMEs Section 27 Impairment of Assets

Study unit 2

Asset impairment indicators

Study unit 3

Impairment of inventories

Study unit 4

Impairment of other assets

Study unit 5

Goodwill impairment

Study unit 6



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


Anton van Wyk  M.Com, CA(SA)   

Anton van Wyk is a chartered accountant and independent consultant in International Financial Reporting Standards (IFRS and IFRS for SMEs). As former subject head of Financial Accounting at various higher education providers (including the University of Johannesburg and Monash University South Africa), he has gained valuable insights into and understanding of the important principles underlying the International Financial Reporting Standards (IFRS).  

Anton is a well-known and popular presenter who has presented numerous IFRS updates for several accounting bodies across South Africa. He is known for his ability to simplify and highlight the most important principles contained in IFRS, whilst keeping the learning process enjoyable for attendees. 


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.

R 475 VAT Incl.

Additional Course Information

Category Accounting
Accredited SAIBA
Verifiable CPD Hours 2
Non-verifiable CPD Hours N/A
Effort 2 hours
Duration 2 hours
Format Webinar
Level Moderate
Assessment Yes
Study Material No
Course Date 23 October, 2020
SKU CPD200222M Categories ,

Who should attend?

Business accountants in Practice (SA)
Company secretaries
Registered auditors
Trainee accountants/ auditors

This event is included in the following subscription packages:

If you are not a subscriber, you need to purchase the event as a stand-alone event or subscribe to a SAIBA subscription package.

How to subscribe

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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.






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