Overview    

International Financial Reporting Standards (IFRS) continue to evolve, and accounting professionals are expected to apply these standards with increasing levels of judgement and technical accuracy. In practice, many errors, review findings, and audit adjustments arise from recurring IFRS problem areas where standards are either misunderstood, applied inconsistently, or insufficiently disclosed. A structured refresher on these areas enables practitioners to strengthen their technical competence and ensure that financial statements remain compliant, transparent, and decision-useful. 

This webinar highlights the Top 10 practical, high-risk IFRS areas encountered in practice, providing accounting professionals with a structured refresher that revisits core IFRS principles while progressing towards more judgemental and complex applications. The session will explore common challenges identified during financial statement preparation, audits, and independent reviews, while also addressing recent developments and regulatory focus areas affecting IFRS application. 

Join Caryn Maitland CA(SA) on 21 April 2026 from 10:00 am to 12:00 pm as she provides a practical IFRS refresher designed to help practitioners revisit key accounting standards, strengthen professional judgement, and improve the overall quality and consistency of IFRS-compliant financial statements. 

Learning objectives   

Attending this webinar will equip you with the following skills:  

• Refresh your understanding of the foundational principles underlying IFRS 
• Identify and address the Top 10 IFRS problem areas most commonly encountered in practice 
• Strengthen professional judgement when applying complex or judgement-heavy IFRS requirements 
• Understand recent updates, amendments, and regulator focus areas impacting IFRS application 
• Improve the quality, consistency, and defensibility of IFRS financial statements 

Content     

The webinar will cover the following topics:  

• Overview of IFRS Fundamentals 

• o Objective of general-purpose financial statements 
  o Qualitative characteristics of useful financial information 
  o Accrual basis of accounting 
  o Going concern assumption 

• Top 10 Practical IFRS Issues (Refresher Focus) 

• 1. Presentation and Classification under IAS 1 
  o Statement of financial position presentation 
  o Current vs non-current classification 
  o Disclosure judgements and materiality 

• 2. Accounting Policies, Estimates and Errors (IAS 8) 
  o Selection of accounting policies 
  o Changes in accounting estimates vs prior period errors 
  o Retrospective vs prospective application 

• 3. Property, Plant and Equipment (IAS 16) 
  o Recognition and initial measurement 
  o Componentisation of assets 
  o Depreciation methods and derecognition 

• 4. Intangible Assets and Capitalisation Judgements (IAS 38) 
  o Distinction between research and development phases 
  o Internally generated intangible assets 
  o Common capitalisation errors 

• 5. Impairment of Assets (IAS 36) 
  o Indicators of impairment 
  o Identification of cash-generating units (CGUs) 
  o Value in use vs fair value less costs of disposal 

• 6. Revenue Recognition (IFRS 15) 
  o Overview of the five-step revenue recognition model 
  o Identification of performance obligations 
  o Timing of revenue recognition 

• 7. Lease Accounting (IFRS 16) 
  o Identification of leases within contracts 
  o Recognition of right-of-use assets and lease liabilities 
  o Practical expedients and common implementation challenges 

• 8. Financial Instruments (IFRS 9) 
  o Classification and measurement of financial assets and liabilities 
  o Expected credit loss (ECL) model 
  o Practical application challenges in impairment 

• 9. Provisions, Contingent Liabilities and Contingent Assets (IAS 37) 
  o Recognition thresholds and criteria 
  o Measurement uncertainty and estimation 
  o Disclosure requirements 

• 10. Disclosure Quality and Common Review Findings 
  o Disclosure overload vs material disclosures 
  o Regulator and audit focus areas 
  o Practical examples of disclosure deficiencies 

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.  

About the presenter  

Caryn Maitland CA(SA) 

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA. 

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  Caryn is also involved with the annual SAICA SMP Technical tour. 

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