Overview  

The financial reporting landscape in South Africa is undergoing monumental regulatory and technological shifts. The commencement of the Companies Amendment Act 16 of 2024 has introduced rigorous, mandatory remuneration disclosures and heightened audit implications. Simultaneously, preparing for the newly released IFRS for SMEs Third Edition alongside critical 2026 IFRS updates demands that financial professionals modernise their drafting methodologies. 

This practical webinar is designed to help preparers navigate these dual pressures by bridging strict statutory compliance with cutting-edge efficiency. The session moves beyond abstract theory to deliver concrete, step-by-step guidance on drafting compliant annual financial statements. Furthermore, it introduces a transformative, practical look at how accounting professionals can safely integrate Artificial Intelligence (AI) to accelerate accounting policy drafting, disclosure notes preparation, management commentary generation and high-level quality control. 

Join Nestene Botha CA(SA) on 28 August 2026 from 10h00 to 12h00 as she provides a practical guide to drafting compliant financial statements and demonstrates how AI can be used to prepare notes, accounting policies, management commentary and disclosure reviews more efficiently and effectively. 

Learning objectives  

Attending this webinar will equip you with the following skills: 

• Fully understand the disclosure and compliance mandates of the Companies Amendment Act 16 of 2024, including the personalised reporting of director remuneration and its direct audit implications. 

• Understand key 2026 IFRS updates and identify the pivotal changes introduced in the IFRS for SMEs Third Edition to ensure smooth future transitions. 

• Acquire actionable techniques and concrete prompts to use AI as a secure drafting assistant for constructing custom accounting policies and disclosure notes. 

• Learn how to co-create professional, compliant management reports and commentary using generative AI tools while preserving data confidentiality. 

• Establish robust verification and gap analysis workflows to detect errors, omissions, and inconsistencies in drafted statements before finalisation. 

Content 

The webinar will cover the following topics:  

• Regulatory and Legislative Updates Affecting Financial Statements  

  • Companies Amendment Act 16 of 2024  

  • Director and prescribed officer remuneration disclosure requirements  

  • Practical compliance considerations  

  • Implications of non-compliance and audit reporting  

• Accounting Standards Updates  

  • IFRS updates effective 2026  

  • IFRS for SMEs Third Edition  

• Using Artificial Intelligence in Financial Statement Drafting  

  • Drafting accounting policies using AI  

  • Preparing financial statement notes and disclosures  

  • Generating management commentary and client-ready narrative reports  

  • AI-assisted quality control and disclosure gap analysis  

  • Practical AI prompts for immediate implementation in practice 

Obtaining your CPD certificate  

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA.  

All attendees are issued with a CPD certificate available in an online profile.  

Who should attend?  

The following persons will benefit from attending this webinar:  

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA.  

• Registered auditors.  

• Audit managers.  

• Trainee accountants.  

Price 

• R 450.00 - Online admission - Individual.  

• Group Price 1 - From R337 per person (up to 5 users)   

• Group Price 2 - From R260 per person (up to 10 users)   

• Group Price 3 - From R224 per person (over 11 users)  

Steps to register for the event:   

If you already have a profile, login and register for the webinar.  

If you don’t have a profile, create a free profile then login and register for the webinar.  

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).  

Click here to find out about the Technical Resource Centre & CPD Subscription options.  

Additional material  

By attending this webinar you will be provided with:  

• A summarised slide presentation.  

• Reference documents and/or course material where available.  

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.  

Corporate training solutions  

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.  

Contact us   

Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: ticket@accountingacademy.co.za