Finance and TreasuryIFRS Standards and Financial Reporting
Most reporting errors are not arithmetic; they are a judgement made early in the year that nobody revisited, applied consistently and wrongly until the auditor arrives. This course concentrates on those judgements. Delegates work through the conceptual framework and what it settles when a standard is silent, then through revenue recognition and the performance obligation analysis that decides timing. Leases are covered, including recognition on the balance sheet and the practical exemptions. Financial instruments are addressed at the level a preparer needs, including classification and expected credit loss. Property, plant and equipment, impairment and the indicators that trigger a test follow. Provisions, contingencies and the line between them are covered. Consolidation and control are addressed. Foreign currency translation is covered, which matters more here than in most jurisdictions. The course closes on disclosure and on preparing for audit questions.
Course objectives
- Apply the conceptual framework where a standard is silent
- Analyse performance obligations to determine revenue timing
- Recognise leases and apply the practical exemptions
- Classify financial instruments and measure expected credit loss
- Apply impairment indicators to property, plant and equipment
- Distinguish provisions from contingencies and consolidate on control
- Translate foreign currency, disclose properly and prepare for audit
Who should attend
- Financial accountants and reporting managers
- Group and subsidiary finance staff preparing consolidated accounts
- External and internal auditors reviewing IFRS financial statements
- Finance staff transitioning from local GAAP to IFRS
- Investor relations and financial reporting analysts
Course outline
- 01Judgements nobody revisited
- 02The conceptual framework
- 03Revenue and performance obligations
- 04Leases and practical exemptions
- 05Financial instruments and credit loss
- 06Property, plant, equipment and impairment
- 07Provisions, contingencies and consolidation
- 08Foreign currency, disclosure and audit readiness
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 2 to 4 November 2026 | Online | Online | R6,500 per delegate | Register Now |
| 25 to 27 November 2026 | Gaborone, Botswana | Classroom | R14,950 per delegate | Register Now |
| 9 to 11 December 2026 | Dar es Salaam, Tanzania | Classroom | USD 995 per delegate | Register Now |
| 27 to 29 January 2027 | Johannesburg, South Africa | Classroom | R14,950 per delegate | Register Now |
| 15 to 17 February 2027 | Pretoria, South Africa | Classroom | R14,950 per delegate | Register Now |
| 22 to 24 March 2027 | Kampala, Uganda | Classroom | USD 995 per delegate | Register Now |