Public Schools – Accounting and Financial Statements Requirements

Firm/Group/Company - R1725.00 (VAT Incl.) Individuals - R575.00 (VAT Incl.)
Firm/Group/Company - R1299.50 (VAT Incl.) Individuals - R431.25 (VAT Incl.)
Mr Tristan White
13 Nov '24
09h00 - 11h00
2
Attending the course and successfully completing the post-assessment, will grant you 2 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 DAVID-CREWE WHITE
tristan@probetatraining.co.za

Public Schools are required to compile financial statements annually.

Three key decisions the compiler has to make:

• What reporting / accounting framework should we adopt, e.g. IFRS or SMEs or MEC Guidelines?
• Does the South African Schools Act restrict how certain transactions are treated?
• Who is allowed to compile the AFS of a public school? Join us as we help you make informed decisions.

Break down the SA Schools Act requirements that affect the accounting transactions that end up in the financial statements

Provide guidance on available financial reporting frameworks when preparing financial statements

Work through the MEC Guidelines accounting framework developed by SAICA and the Department of Basic Education

Clarify who is permitted to compile AFS

• Auditors
• Financial accountants
• Audit managers
• Audit partners
• Engagement Quality Control Reviewers