XBRL Requirement and CIPC Notices 2024

Price:
R261.05 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Companies Act
Lecturer:
Tristan David-Crewe White
Duration:
60 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


All companies that are required to have their financial statements audited, are subject to the XBRL tagging requirement.

Does that include you and your clients, and what does it mean for their financial statements?

How much more of a burden does this place on the auditor and compiler?

Join us for a quick start guide on the implications of the XBRL requirement from the CIPC.

  1. Discuss the 2024 CIPC notices relating to accounting and audit of Companies, CCs and Co-ops
  2. Are there any new XBRL requirements in 2024?
  3. What is XBRL?
  4. Who is affected by the XBRL requirement?
  5. Where did this requirement come from?
  6. What are the additional responsibilities because of XBRL for accountants and auditors?
  7. What does the XBRL AFS submission deadline mean?

Extra resources and updated slide 63 for Notice 61 of 2024 issued on Friday 30 August 2024.