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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.