wconsulting.co.za

IFRS Fundamentals Seminar Johannesburg - Bookings closed
Venue Indaba Hotel & Conference Centre
Date 21st and 22nd 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
Bridget George
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Bridget is a Technical manager at W.consulting, specialising in financial reporting.

Prior to joining W.consulting, Bridget completed her articles with PwC with a focus on Telecommunication, Information and Entertainment clients. Subsequently, she worked as an IFRS Technical consultant at PwC’s Capital Markets and Accounting Consulting Services division. In particular she has been involved in the implementation of the new revenue standard and filled the role of the secretary of the PwC Global ACS Revenue subgroup.

Bridget spent time working abroad and was involved in an IFRS implementation project at one of Australia’s largest listed telecommunications companies.

Bridget’s IFRS knowledge and experience is diverse and extends across a number of different standards and industries. She provides technical consulting services and training to the firm's clients on these standards, both locally and abroad.

Notable academic achievements include completing her LLB degree concurrently with her accounting qualifications at the University of Stellenbosch.


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CPD Units 16 units on full attendance
Seats Left 0
Price R 3990
Booking Deadline 18th November 2023
info@cpdsorted.co.za - SA : +27 11 568 0370 - MU : +230 452 3975 - UK : +44 200 222 7089