Effects of COVID-19 on interim reporting and corporate transactions

Description

Are you aware that the effects of COVID-19 may require significant disclosure in interim financial statements? As a result of COVID-19, there may be a significant amount of acquisitions, restructurings and other corporate transactions. Are you aware of the complexities around accounting for corporate transactions?

During this Webinar, we will discuss the following topics:

  • Requirements around interim financial reporting
  • Which IFRS is applied to which type of investments (subsidiaries, associates and financial instruments), and what each type of investment means
  • How IFRS is applied to the following situations:
  • A subsidiary becoming an associate
  • An associate becoming a subsidiary
  • A subsidiary becoming a financial instrument
  • An associate becoming a financial instrument

Learning Outcomes:

  • Attendees will learn to consider and appropriately account for:
  • The impact of the COVID-19 on interim financial reporting
  • Which IFRS is applied to which type of investments
  • The following types of corporate transactions:
  • A subsidiary becoming an associate
  • An associate becoming a subsidiary
  • A subsidiary becoming a financial instrument
  • An associate becoming a financial instrument.

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

Presenters:
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

  • Nov 04
    Wed, 1:00 PM AEDT - 2:30 PM AEDT Online
    • $220.00 incl. GST
    • PD hours: 1.5

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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.