IFRS for SMEs (3rd Edition) Series Session 7
Presenters : Caryn Maitland CA(SA)
Overview
The IFRS for SMEs (3rd Edition) introduces a comprehensive framework designed to simplify financial reporting while ensuring transparency, consistency and compliance for small and medium-sized entities. As accountants and finance professionals continue to apply the Standard in practice, it is essential to understand not only the technical requirements but also their practical implications for preparing high-quality financial statements.
Join Caryn Maitland CA(SA) as she continues the IFRS for SMEs (3rd Edition) Series with Session 7. This practical session will explore key principles and application guidance within the Standard, equipping delegates with the knowledge and confidence to apply IFRS for SMEs requirements consistently while avoiding common reporting errors and strengthening compliance.
Learning objectives
Attending this webinar will equip you with the following skills:
- Develop a deeper understanding of the relevant IFRS for SMEs (3rd Edition) requirements covered during the session.
- Apply the Standard confidently when preparing and reviewing SME financial statements.
- Identify common financial reporting challenges and apply practical solutions.
- Strengthen compliance with the recognition, measurement, presentation and disclosure requirements of the IFRS for SMEs Accounting Standard.
- Improve the quality, consistency and reliability of financial reporting for small and medium-sized entities.
Content
The webinar will cover the following topics:
- Overview of the IFRS for SMEs (3rd Edition) requirements
- Key principles and practical application
- Recognition and measurement considerations
- Presentation and disclosure requirements
- Common areas requiring professional judgement
- Practical Financial Reporting
- Applying the Standard to common SME transactions
- Avoiding common reporting and compliance errors
- Case Studies and Practical Examples
- Practical scenarios illustrating the application of the Standard
- Best practices for preparing compliant SME financial statements
- Questions and discussion
