IFRS for SMEs 1: Intro to SME Financial Statements

Firm/Group/Company - R2558.75 (VAT Incl.) Individuals - R759.00 (VAT Incl.)
Firm/Group/Company - R1920.50 (VAT Incl.) Individuals - R575.00 (VAT Incl.)
Attending the course and successfully completing the post-assessment, will grant you 3 hour/s verifiable CPD, recognised by the various professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the CPD certificate will only be issued once the post-assessment has been completed.
Web Based (Online)
Tristan White
0118861395
gillian@probetatraining.co.za

Session 1 takes a look at the IFRS for SMEs’ 2015 amended framework as a whole, highlighting requirements for each individual statement i.e. balance sheet, income statement, etc. so that delegates are comfortable with what must / may be included in the individual statements that comprise annual financial statements.

We seek to empower you as a professional accountant in finance and audit by:
• Establishing a practical understanding of the standards / sections
• Helping you understand why transactions are accounted for the way they have been
• Simplifying the financial statement reporting process by breaking down the presentation and disclosure requirements

Session 1:
o Section 1: Small And Medium-Sized Entities
o Section 2: Concepts And Pervasive Principles
o Section 3: Financial Statement Presentation
o Section 4: Statement Of Financial Position
o Section 5: Statement Of Comprehensive Income And Income Statement
o Section 6: Statement Of Changes In Equity And Statement Of Income And Retained Earnings
o Section 7: Statement Of Cash Flows
o Section 8: Notes To The Financial Statements

• Accountants in business whose firms have adopted IFRS for SMEs as the accounting framework.
• Auditors in a South African context, so as to successfully enable them to identify and assess the application of the framework.