Accounting for JobKeeper Payments, Rent Concessions and other COVID-19 Relief

Description

Do you know how to account for and disclose the various forms of government and other COVID-19 related relief packages?

During this Webinar, we will discuss and illustrate the accounting treatment and disclosure of the following in 30 June 2020 financial statements:
• ‘Job keeper’ payments
• Boosting cash flows for employers
• Increase in instant asset write-off
• Backing business investment incentive
• Other ATO relief – Deferral of PAYG payments, etc.
• ATO providing low interest payment plans for existing and ongoing tax liabilities
• Government SME loan guarantee scheme
• Other government stimulus
• Rent concessions (both by lessors and lessees)

Webinar Learning Outcomes:
Attendees will learn to consider and appropriately account for the following:
• Various stimulus measures announced as part of the Government’s economic response to the Coronavirus
• ATO relief such as deferral of PAYG payments & provision of low interest payment plans etc
• The Coronavirus SME Guarantee Scheme
• Rent concessions (both by lessors and lessees)

Suited to:
• Auditors, CFOs, Board Members, Finance Teams
• All entities with leases, FP and NFP

Presenters Bios:
Aletta Boshoff, Partner & National Leader, IFRS Advisory, BDO.
Aletta is an IFRS advisory specialist with over 25 years’ experience in financial reporting and accounting, including IFRS. Aletta has lectured on financial accounting and reporting, auditing and assurance and taxation at various Australian and South African universities. As an Associate Professor, she authored various financial reporting and accounting textbooks. Aletta also spent a number of years as a Project Manager at the Australian Accounting Standards Board (AASB). In particular, Aletta takes great pride in her ability to apply a wealth of technical expertise to real-world business situations. She works hard to ensure she is working with her clients, involving them at every step of the journey. She helps them to understand how she came to a recommendation, so that they can test any assumptions she has made and together they can come to the best IFRS solution possible.

You will be provided with:
• PowerPoint
• Supporting documentation
• Webinar Recording to view multiple times for up to 6 months
• Q&A Session & follow up contact details

  • Webinar Recording
    • PD hours: 1.5
    Stream this recording multiple times at your convenience.
    • $220.00 incl. GST

Coming Soon

All Coming Soon >>

One-Connection-One-Fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Recordings

Like the topic but can’t make the time? Register for the Live Session and you’ll receive the Recording regardless! You can watch it as many times as you like for up to 6 months. You will also receive Supporting Documentation.