Changes in Accounting Estimates in compliance with IFRS and IFRS for SMEs
In a rapidly evolving business environment, accounting professionals must continuously update their judgement, estimates and methodologies. This focused webinar equips delegates with a practical, working knowledge of how to correctly account for and disclose changes in accounting estimates under both IFRS and IFRS for SMEs frameworks. The session will enable professionals to apply updates confidently, ensuring compliance, transparency, and excellence in financial reporting.
What will set you apart
By completing this course you will gain the following competencies
- Understand the definition and core principles behind changes in accounting estimates.
- Distinguish between changes in estimates, changes in accounting policies, and errors.
- Learn the correct treatment and disclosure requirements under IAS 8 and IFRS for SMEs Section 10 .
- Explore real-world examples and common pitfalls.
- Apply a practical framework for identifying, assessing, and implementing estimate changes in practice.
Event breakdown
- ✅ Practical, Application-Driven Learning:
- Move beyond theory with hands-on examples, practical checklists, and disclosure templates.
- ✅ Stay Ahead Professionally:
- Master current standards and expectations for compliance under IFRS and IFRS for SMEs.
- ✅ Immediate Implementation:
- Walk away with actionable insights to improve financial reporting and strengthen stakeholder trust.
- ✅ Exclusive CIBA Resources:
- Receive templates, example notes, and CIBA-endorsed quick reference guides designed for immediate use.
Description
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- Introduction to Changes in Accounting Estimates
- Key IFRS and IFRS for SMEs Requirements
- Prospective Application and Materiality
- Disclosure Best Practices
- Practical Challenges and Solutions
Presenters
Faith Ngwenya — Faith Ngwenya is an accomplished leader in the accounting profession with extensive experience in professional education, skills development and stakeholder engagement. As Head of Education at CIBA, she plays a key role in advancing professional development, strengthening relationships with education and industry stakeholders, and supporting initiatives that prepare accounting professionals for the evolving demands of the profession.
You will earn a certificate
On successful completion you will receive a certificate for 3 CPD units in Accounting.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser