Accounting for Liabilities Venue Online - Microsoft Teams Date Thursday 8th September 2022 Time 09:30 - 12:30 Information In this session we will look at the requirements of IAS 1 IAS 37 IAS 32 IFRS 9 and the conceptual framework in relation to the following aspects: • The definition of liabilities in accordance with the new definition upon the conceptual framework • The amended definition of current liabilities as per IAS 1 • The key requirements of IAS 37 in respect of the following: - Background and objectives - Scope - Executory contracts - Provisions - Restructuring provisions - Onerous contracts - Contingent liabilities - Contingent assets - Disclosures • The definition of financial liabilities under IAS 32 • A brief discussion of the distinction between equity and liabilities under IAS 32 • The meaning of derivative financial instruments with the focus of what is a derivative financial liability • A brief look at fair value in accordance with IFRS 13 • The recognition and measurement principles of financial liabilities as laid down in IFRS 19 • The accounting implication for financial guarantee contracts Presenter Sanat Bheeroo CPD Units 3 units on full attendance Seats Left 7 Price Rs 4000 Booking Deadline Thursday 8th September 2022 Map View Map