IFRS for SMEs 5: Revenue, Inventory and Leases
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
Session 5 sees us journey into the income statement. We are set to get hands on with Revenue, Inventory and Leases by working through a broad range of mini-case-studies, addressing the practical application of recognition criteria, measurement calculations and accounting debits and credits.
We seek to empower you as a professional accountant in accounting 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 5: • Section 23: Revenue • Section 13: Inventories • Section 20: Leases
• 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