CPD - Annual IPSAS Update - 4 August 2026

Presenter

Chantal Sofiadellis

CA(SA), Registered Auditor

Chantal is a financial reporting specialist in GRAP, IPSAS and IFRS. With more than 20 years’ experience and many successful practical implementations and applications behind her name, Chantal is ideally suited to combine theoretical requirements with practical insights. Chantal frequently presents in South Africa and other SADC countries.

View Presenter Profile here.

Content

• In a bit more detail - IPSAS effective 1 January 2026
  • IPSAS 47 Revenue
  • IPSAS 48 Transfer expenses
  • IPSAS 49 Retirement benefit plans
• Summary of changes for amendments effective 1 January 2026
  • Improvements to IPSAS, 2023 involve making non-urgent but necessary changes (issued April 2024)
  • Amendments to IPSAS Standards: Specific IFRIC Interpretations added authoritative guidance (January 2025)
• High-level overview of amendments effective 1 January 2027
  • Making materiality judgements project - phase 1
  • Amendments to provide guidance on how to account for Concessionary Leases and Other Arrangements Conveying Rights over Assets (issued October 2024)
  • Stripping Costs in the Production Phase of a Surface Mine adds an authoritative appendix drawn from IFRIC 20 (issued November 2024)
• High-level overview of new effective 1 January 2027
  • IPSAS 50, Exploration for and Evaluation of Mineral Resources (issued November 2024)
• Look out for changes and new standards effective 1 January 2028
  • Amendments to IPSAS because of the application of IPSAS 46
  • Amendments to IPSAS 33, First-time Adoption of Accrual Basis International Public Sector Accounting Standards
  • IPSASB SRS 1, Climate-related Disclosures (issued January 2026)  (new standard)
  • IPSAS 51, Tangible natural resources held for conservation (issued January 2026)  (new standard)

Important to note:

• The course is open for 12 months and will then close 
• Certificates will be issued on the date of successful completion of the assessment. The certificate will reflect the date of the training session.
• For the Altimax terms and conditions, please refer to our website.