CPD Sorted Bookit

Foreign exchange and hyperinflation

Venue

Online Live Stream

Date

Thursday 27 February 2025

Time

09:00 - 12:00 GMT+2

Information

May include elements of transaction/balance transaction foreign operations hyperinflation and touch on hedging (limited to forex)

This course provides training in the background scope and principles under IAS 21 The Effects of Changes in Foreign Exchange Rates and IAS 29 Hyperinflation and the application of these Standards. Topics covered include determining functional currency the presentation currency notion differences between foreign currency transactions and the translation of foreign operations the process of accounting for foreign currency transactions and foreign operations and the process of translating financial statements into a presentation currency. Hyperinflation is fast becoming relevant to preparers in an increasing number of jurisdictions and this course will go through the mechanics of IAS 29 and how the requirements of the standard affect a preparers financial reporting.

Presenter

Bridget George

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

3 units on full attendance

Price

R 950

Booking Deadline

Thursday 27 February 2025