The Notes That Trip You Up: Related Parties, Going Concern, and Subsequent Events
These areas look simple but cause serious reporting failures. This session explains why these disclosures matter and where mistakes happen.
2 CPD units August 6, 2026 1 presenter
What will set you apart
By completing this course you will gain the following competencies
- How related party relationships are identified
- Why related party disclosure matters
- What going concern really means
- When going concern becomes a problem
- How subsequent events affect reporting
- Where judgement is tested
- Why these notes attract scrutiny
Event breakdown
- Identifying related parties
- Disclosure requirements
- Understanding going concern
- Indicators of financial distress
- Subsequent events explained
- Adjusting versus non adjusting events
- Timing and judgement
- Common reporting failures
Category: Assurance & reportingType: CPD CourseCPD category: Independent Review
Description
Related parties, going concern, and subsequent events are often treated as routine disclosures. In reality, they are high risk areas that attract attention during review and audit. This session focuses on how these areas work together and why poor judgement leads to serious reporting issues. Weak disclosure, late identification, and incorrect assumptions regularly undermine financial statements. This session strengthens understanding of responsibility, timing, and judgement. Getting these areas right protects credibility and prevents uncomfortable questions long after the numbers are finalised.
Presenters
Leana van der Merwe — Leana: Leana van der Merwe, with 18+ years in accounting and corporate governance, Leana leads technical support at CIBA and is a recognized thought leader in regulatory compliance.
You will earn a certificate
On successful completion you will receive a certificate for 2 CPD units in Independent Review.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser