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Get Ready for the Most Significant SME Standard Overhaul in Over a Decade What You Will Learn The global accounting landscape for small and medium-sized entities (SMEs) is undergoing its most significant transformation in over a decade. The introduction of IFRS for SME Accounting Standard 2025 introduced substantial amendments designed to enhance relevance, simplify application and align more closely with full IFRS in key areas. With mandatory implementation required for reporting periods beginning on or after 1 January 2027, the time for strategic preparation is now. Failure to act proactively carries significant risks: financial statement restatements, non-compliance penalties, impaired stakeholder confidence, and [...] |
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Get Ready for the Most Significant SME Standard Overhaul in Over a Decade What You Will Learn The global accounting landscape for small and medium-sized entities (SMEs) is undergoing its most significant transformation in over a decade. The introduction of IFRS for SME Accounting Standard 2025 introduced substantial amendments designed to enhance relevance, simplify application and align more closely with full IFRS in key areas. With mandatory implementation required for reporting periods beginning on or after 1 January 2027, the time for strategic preparation is now. Failure to act proactively carries significant risks: financial statement restatements, non-compliance penalties, impaired stakeholder confidence, and [...] |
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A practical ethics webinar for accounting and audit professionals What You Will Learn Ethics plays a fundamental role in acting in the public interest and delivering quality audit services. Ethics also forms an integral part of the audit profession’s code of conduct and requires proper knowledge by all participants in the profession. Auditors can only apply an appropriate level of professional scepticism during audits, if they are independent. It is, therefore, crucial for auditors to always be aware of the latest changes in the ethics landscape, and understand how to apply relevant ethical requirements in practice. This webinar will give participants [...] |
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Understanding the New Standard Replacing IAS 1 On 9 April 2024, the IASB issued IFRS 18 – Presentation and Disclosure in Financial Statements in response to global demand for clearer, more comparable, and transparent performance reporting. This new standard, which replaces IAS 1, introduces substantial changes to the way financial statements are presented and disclosures are made. It enhances investor communication, introduces standardized performance measures, and requires careful consideration from both preparers and auditors. This training session will guide participants through the changes introduced by IFRS 18, highlight its practical impact on financial statements, and provide insights into effective implementation and [...] |
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