CPD Sorted Bookit

IFRS Fundamentals Seminar Pretoria - Bookings closed

Venue

Irene Country Lodge

Date

28th and 29th November 2023

Time

08:30 to 16:30 GMT+2

Information

Who Should Attend

Preparers of IFRS financial statements who need a refresher on the fundamentals of financial statement preparation
Auditors of financial statements prepared in terms of IFRS Accounting Standards
Accountants not directly responsible for financial statement preparation but would like to stay up to date with current requirements of IFRS Accounting Standards
Directors and audit committee members of entities that require a reasonable knowledge of IFRS Accounting Standards
Academics

Overview
This two-day interactive seminar covers the core accounting standards of IFRS including those IFRS requirements that are typical to the majority of entities irrespective of entity size or industry bias. It incorporates practical case studies which allow participants to immediately test their understanding of the principles learnt. As a participant you will gain practical knowledge in applying the major IFRSs including revenue, financial instruments, leases, consolidations and business combinations, property, plant and equipment, investment property and more.

Outline
Standards relating to current assets and non-current assets:
IAS 2 - Inventories
IAS 16 - Property, Plant and Equipment
IAS 23 - Borrowing Costs
IAS 36 - Impairment of Assets
IAS 38 - Intangible Assets
IAS 40 - Investment Property
IFRS 16 - Leases

Application of the financial instruments standards for non-banking entities:
IFRS 9 - Financial Instruments
IAS 32 - Financial Instruments: Presentation

Application of the fair value measurement standard:
IFRS 13 - Fair Value Measurement

Overview of the basic principles of accounting for liabilities, deferred taxation and forex transactions:

IAS 12 - Income Taxes
IAS 37 - Provisions, Contingent Liabilities and Contingent Assets
IAS 21 - The Effects of Changes in Foreign Exchange Rates
IAS 19 - Employee Benefits
Consolidations standards:
IFRS 3 - Business Combinations
IFRS 10 - Consolidated Financial Statements
IFRS 11 - Joint Arrangements
IAS 27 - Separate Financial Statements
IAS 28 - Investments in Associates and Joint Ventures

Standard relating to revenue:
IFRS 15 - Revenue from Contracts with Customers
Standards covering financial statement presentation and preparation:
IAS 1 - Presentation of Financial Statements
IAS 7 - Statement of Cash Flows
IAS 8 - Accounting Policies, Changes in Accounting Estimates and Error
IFRS 5 - Non-current Assets Held for Sale and Discontinued Operations
IAS 10 - Events After the Reporting Date

Presenter

Raymond Chamboko

Close this popup

Raymond trained with Coopers & Lybrand and Ernst & Young, where his portfolio of clients included listed multinational entities, public interest entities as well as other significant unlisted entities. After leaving the profession, he worked in commerce as Financial Director within a listed group of companies.

He has been involved in IFRS implementation projects for JSE-listed and public interest entities and has, over the years, gained significant experience in the interpretation and practical application of IFRS. His industry experience includes, amongst others, Agri-processing, Manufacturing, Mining and Public Utilities (Power & Water). He is a co-author of the publications Applying IFRS for SMEs and Wiley Interpretation and Application of International Financial Reporting Standards 2011.

He has also been involved in managing Sustainability Reporting projects and more recently in Integrated Reporting projects as well as required in terms of the King Code of Governance Principles for South Africa 2009 (King III) and has been involved in commenting on the proposed Framework for Integrated Reporting and the Integrated Report discussion paper that was issued by the Integrated Reporting Committee of South Africa.

Raymond is involved in the development of the Chartered Accountancy profession and to this end, he is registered with SAICA as a Registered Assessor. He also serves on various South African Institute of Chartered Accountants (SAICA) Technical sub-committees and is a member of the SAICA’s Continuing Professional Development and Legal & Compliance Committees.

Close this popup

CPD Units

16 units on full attendance

Seats Left

-1

Price

R 3990

Booking Deadline

25th November 2023