Key Accounting areas impacted by COVID-19


Are you aware of the potential impact of COVID-19 on impairment testing, going concern assumption, revenue recognition, financial instruments and many other financial reporting areas?

During this Webinar, we will discuss the following topics:

  • Impact of COVID-19 on impairment testing
  • Going concern and appropriate disclosures
  • Revenue recognition
  • Lease accounting under the new leasing standard
  • Modifications of terms to trade receivables, loan liabilities and loan receivables and providing for expected credit losses for trade receivables.
  • Changes to share-based payment arrangements
  • Post reporting date events, and
  • Government grants and assistances.

Learning Outcomes:

  • Attendees will learn to consider and appropriately account for the impact of the COVID-19 on the following financial reporting areas:
  • Carrying out impairment testing in accordance with AASB 136 Impairment of Assets
  • Going concern and the related disclosures
  • Revenue recognition consistent with AASB 15 Revenue from Contracts with Customers
  • Lease accounting under the new AASB 16 Leases
  • Modification of financial assets and liabilities under AASB 9 Financial instruments
  • Changes to share-based payment arrangements under AASB 2 Share-based Payments
  • Events after reporting date under AASB 110

Suited to:
Auditors, CFOs, Board Members, Financial Controllers, Finance Teams, Accountants involved in the preparation of financial reports.

Presenters Bio's:
Judith Leung, Associate Director, IFRS Advisory, BDO.

Judith is an IFRS advisory specialist with over 14 years’ experience in IFRS and financial reporting. Judith had worked at the International Accountings Standards Board (IASB) and was a key staff member in the development of IFRS 9 Financial Instruments. Judith develops and delivers financial reporting training for the BDO International network as well as provides financial reporting support to clients and audit teams. Judith has extensive experience with preparing and presenting complex financial reporting topics to clients and the BDO International network. Judith takes great joy in helping clients and accountants understand and apply complex areas of IFRS, what it means and the impacts it has on businesses. 

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 also be provided with: 

  • The PowerPoint Presentation Slide Deck
  • A Searchable Transcript
  • Any Supporting Documentation
  • Webinar Recording to view multiple times for up to 6 months
  • Q&A Session & follow up contact details

  • Oct 07
    Wed, 1:00 PM AEDT - 2:00 PM AEDT Online
    • $185.00 incl. GST
    • PD hours: 1

Coming Soon

All Coming Soon >>


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.


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.