THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(established under the Accountant Act, Laws of Kenya)
IPSAS 14/IAS 10- Events After The Reporting Date
Venue: Online Video
Overview:
These are unprecedented times we are facing during the COVID-19 outbreak. We find ourselves adapting to working from home and dealing with temporary closure of businesses, to name a few changes during the lockdown. Most entities are likely to be impacted (directly or indirectly) by COVID-19. As such, there are a number of potential accounting and disclosure implications to be considered for their financial statements.
This training focuses on events after reporting dates, key of which is COVID-19 for the December 2019 to 31 March 2020 year ends. The training will focus on some of the accounting and disclosure considerations that may have an impact on an entity’s financial statements.
COURSE OBJECTIVES
This course will equip participants with the knowledge and practical skills necessary to understand:
- Post-balance sheet events;
- Whether COVID-19 is an adjusting or non-adjusting event;
- How the going concern assessment may be affected by events after reporting date;
- Other various accounting topics that may need to be considered due to COVID-19; and
- Disclosure requirements for events after the reporting date.
LEARNING OUTCOMES
- Identify events after reporting date;
- Identify adjusting and on-adjusting events;
- Analyse the impact of events after reporting date on going concern; and
- Evaluate disclosure requirements for events after the reporting date
CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS (CPD UNITS):
Members of ICPAK and reciprocating professional bodies will be awarded 3 CPD Units upon successfully completion of the video
FINANCIAL COMMITMENT:
The online Video charges are Kshs. 3,500.
Charges for the online video will cater for online video access fees, learning materials, and e-certificates of attendance
ONLINE BOOKING:
Registration: Delegates are reminded to note that online booking for video is mandatory on https://www.icpak.com/event-registration/
Access the course at https://icpak.bafunde.com/courses/
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)
Further requests can be channeled to us via telephone calls on +254 733 856 262/ 727 531006 or via email to onlinelearning@icpak.com
We encourage members to regularly visit our website https://www.icpak.com/event-registration/ for updates.