Online Session - Climate related matters in IFRS for SME reporting
Online - Microsoft Teams
Thursday 19th October 2023
11:00 - 14:00
In this session we will discuss climate change and other emerging risks demonstrating how these are addressed by existing requirements within the IFRS for SMEs even though such risks are not explicitly referenced. Climate change is a topic in which investors and other stakeholders are increasingly interested because of its potential effect on companies’ business models cash flows financial position and financial performance. Most industries have been or are likely to be affected by climate change and efforts to manage its impact although some companies industries and activities will be affected more than others. The IFRS for SMEs does not refer explicitly to climate-related matters. However companies must consider climate-related matters in applying the IFRS for SMEs when the effect of those matters is material in the context of the financial statements taken as a whole.
This session is not eligible for the HRDC refund as it is being broadcasted from our Johannesburg office