IFRS for SMEs – Simplified and Practical Application

This Course is not part of the MUS Subscriber discount structure.
R1587.00 (VAT Incl.) Per Person
5 Dec '24
Registration:08H00 Start:08H30 End:16H00
1 Day
Attendance at this seminar will secure 6.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Web Based (Online)
Select
nerissa@probetatraining.co.za

In today’s rapidly changing financial landscape, staying up to date with IFRS standards is crucial for accounting and finance professionals. The proper application of these standards ensures compliance, transparency, and accuracy in financial reporting, helping professionals avoid errors and uphold the integrity of their work.

This one-day IFRS course simplifies key standards, equipping participants with the practical knowledge to identify when a particular standard is relevant and how to apply it effectively. We will spend 20 to 30 minutes on each standard/topic to ensure you gain the insights you need without feeling overwhelmed.

  • Help participants quickly identify when a specific IFRS standard applies to a transaction.
  • Simplify the recognition criteria for transactions and balances.
  • Clarify initial and subsequent measurement requirements.
  • Provide a concise summary of disclosure requirements, ensuring participants understand key reporting expectations.

  • IAS 1 – Presentation of Financial Statements
  • IAS 7 – Cash Flow Statements
  • IAS 8 – Accounting Policies, Changes in Estimates, and Errors Assets
  • IAS 16 – Property, Plant, and Equipment
  • IAS 36 – Impairment of Assets
  • IAS 2 – Inventories
  • IFRS 9 – Financial Instruments Liabilities
  • IAS 37 – Provisions
  • IFRS 16 – Leases Income Statement
  • IFRS 15 – Revenue from Contracts with Customers
  • IAS 19 – Employee Benefits
  • IAS 24 – Related Party Disclosures
  • IAS 10 – Events After the Reporting Period

  • Audit managers and partners
  • Audit and accounting trainees
  • Bookkeepers
  • Financial accountants
  • Engagement Quality Control Reviewers