Financial Reporting Update 2024 Focus areas

REPLAY -Watch the November 2024 Financial Reporting Update focused on various financial reporting considerations.

The session covers the following matters:

• An overview of new IFRS accounting standards, amendments and interpretations to consider for the 2024 year-end reporting cycle;
• Practical implementation issues expected on the transition to IFRS 18 Presentation and Disclosure in Financial Statements;
• An overview of areas of JSE pro-active monitoring findings and other areas of regulator focus;
• An overview of the Exposure Draft Climate-related and Other Uncertainties in the Financial Statements; and
• An update on sustainability reporting developments.

Presenters:

• Cullum Allen Partner, Financial reporting group
• Marieke Fourie Associate Director, Financial reporting group

Cullum is a technical accounting Partner in the banking and insurance sectors and co-ordinates EY’s global subject matter expert group for financial instruments. Collaborating with a team of highly skilled international experts, he works to solve complex accounting challenges across multiple jurisdictions and industries as well as develop global thought leadership and training material for use at a firm-wide level. Cullum leads a team out of the Johannesburg office who support assurance clients and audit teams across Africa.

Marieke is an Associate Director and has served clients across various industries ranging from the mining and telecommunications sectors to the insurance sector. She is the subject matter expert on leases. Marieke enjoys training clients and colleagues on all matters related to IFRS accounting standards and also has an interest in Integrated reporting, having been a member of the EY Integrated Reporting awards organising team for the past 10 years.