Online Session - Understanding the similarities and the differences of IFRS and IFRS for SMEs
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| Venue | Online - Microsoft Teams |
| Date | Tuesday 15th April 2025 |
| Time | 11:00 - 14:00 |
| Information | The IFRS for SMEs Accounting Standard became effective in 2009 and has been adopted by many companies around the world as a simplified financial reporting framework for companies who do not have public accountability. The 3rd Edition of the IFRS for SMEs Accounting Standard was issued in February 2025. While the IFRS for SMEs shares many similarities with full IFRS Accounting Standards which served as the starting point for the recognition measurement and disclosure requirements of the simplified framework there are also many differences that have emerged as a result of the various cost-benefit considerations and other simplifications that the standard-setters sought to achieve. This course compares the two frameworks by highlighting the areas where the requirements are similar as well as those areas that are significantly different.
This session is not eligible for the HRDC refund as it is being broadcasted from our Johannesburg office |
| Presenter |
Raymond Chamboko
Raymond trained with Coopers & Lybrand and Ernst & Young, where his portfolio of clients included listed multinational entities, public interest entities as well as other significant unlisted entities. After leaving the profession, he worked in commerce as Financial Director within a listed group of companies.
He has been involved in IFRS implementation projects for JSE-listed and public interest entities and has, over the years, gained significant experience in the interpretation and practical application of IFRS. His industry experience includes, amongst others, Agri-processing, Manufacturing, Mining and Public Utilities (Power & Water). He is a co-author of the publications Applying IFRS for SMEs and Wiley Interpretation and Application of International Financial Reporting Standards 2011.
He has also been involved in managing Sustainability Reporting projects and more recently in Integrated Reporting projects as well as required in terms of the King Code of Governance Principles for South Africa 2009 (King III) and has been involved in commenting on the proposed Framework for Integrated Reporting and the Integrated Report discussion paper that was issued by the Integrated Reporting Committee of South Africa.
Raymond is involved in the development of the Chartered Accountancy profession and to this end, he is registered with SAICA as a Registered Assessor. He also serves on various South African Institute of Chartered Accountants (SAICA) Technical sub-committees and is a member of the SAICA’s Continuing Professional Development and Legal & Compliance Committees.
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| CPD Units | 3 units on full attendance |
| Seats Left | 48 |
| Price | Rs 2500 |
| Booking Deadline | Tuesday 15th April 2025 |
| Map | View Map |
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