Available Course

Bodies Corporate – Annual Financial Statements Template

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Duration: 2.00
CPD Hours: Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Tristan White
T:  0118861395
E:  gillian@probetatraining.co.za
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In early 2023, SAICA published an updated set of illustrative financial statements for body corporate entities. The Sectional Titles Schemes Management Regulations make it a requirement to incorporate additional disclosures in a set of financial statements, and SAICA’s illustrative financial statements attempt to provide suggested examples of how those disclosure requirements can be met.

• Identify, discuss and simplify the disclosure requirements that are to form part of a body corporate’s financial statements from relevant Prescribed Management Rules in the STSM Regulations • Navigate through SAICA’s illustrative set of financial statements • Identify how SAICA’s illustrative set of financial statements has addressed the specific disclosure requirements • Provide suggested examples of how the disclosure requirements can be met over and above the examples set out in SAICA’s illustrative financial statements, where possible • Discuss any changes from the previous draft version of SAICA’s illustrative set of financial statements for body corporates, published end of 2021.

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