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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.

Date:

6 August, 2026

Time:

14:00

Hours:

1 hour

CPD Units:

2

Category:

Independent Review

Group:

Channel 2: Growth

Format:

Live Event

R230,00 VAT incl.

Product Information

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. 

Presenter/s

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.

What will set you apart

  • 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 

Certificate

The following event is awarded 2 CPD units in Independent Review.