{"product_id":"cpd-annual-ipsas-update-4-august-2026","title":"CPD - Annual IPSAS Update - 4 August 2026","description":"\u003cp class=\"MsoNormal\"\u003e\u003cb\u003ePresenter\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cb\u003eChantal Sofiadellis\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"mso-bidi-font-size: 10.0pt; line-height: 115%;\"\u003eCA(SA), Registered Auditor\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003eChantal 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.\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cspan style=\"mso-bidi-font-size: 10.0pt; line-height: 115%;\"\u003eView Presenter Profile \u003ca rel=\"noopener\" href=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0762\/8462\/5115\/files\/CPD_-_Presenter_Profile_-_Chantal_Sofiadellis.pdf?v=1758280713\" target=\"_blank\"\u003ehere\u003c\/a\u003e.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cb\u003eContent\u003c\/b\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eIn a bit more detail - IPSAS effective 1 January 2026\n\u003cul\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eIPSAS 47 Revenue\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eIPSAS 48 Transfer expenses\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eIPSAS 49 Retirement benefit plans\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eSummary of changes for amendments effective 1 January 2026\n\u003cul\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eImprovements to IPSAS, 2023 involve making non-urgent but necessary changes (issued April 2024)\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eAmendments to IPSAS Standards: Specific IFRIC Interpretations added authoritative guidance (January 2025)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eHigh-level overview of amendments effective 1 January 2027\n\u003cul\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eMaking materiality judgements project - phase 1\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eAmendments to provide guidance on how to account for Concessionary Leases and Other Arrangements Conveying Rights over Assets (issued October 2024)\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eStripping Costs in the Production Phase of a Surface Mine adds an authoritative appendix drawn from IFRIC 20 (issued November 2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eHigh-level overview of new effective 1 January 2027\n\u003cul\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eIPSAS 50, Exploration for and Evaluation of Mineral Resources (issued November 2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eLook out for changes and new standards effective 1 January 2028\n\u003cul\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eAmendments to IPSAS because of the application of IPSAS 46\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eAmendments to IPSAS 33, First-time Adoption of Accrual Basis International Public Sector Accounting Standards\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eIPSASB SRS 1, Climate-related Disclosures (issued January 2026)  (new standard)\u003c\/li\u003e\n\u003cli style=\"line-height: normal;\" class=\"MsoNormal\"\u003eIPSAS 51, Tangible natural resources held for conservation (issued January 2026)  (new standard)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp style=\"margin-bottom: 0cm; line-height: normal;\" class=\"MsoNormal\"\u003e \u003c\/p\u003e\n\u003cp class=\"MsoNormal\"\u003e\u003cb\u003eImportant to note:\u003c\/b\u003e\u003c\/p\u003e\n\u003cul style=\"margin-top: 0cm;\" type=\"disc\"\u003e\n\u003cli class=\"MsoNormal\" style=\"mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;\"\u003e\u003cb\u003eThe course is open for 12 months and will then close \u003c\/b\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\" style=\"mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;\"\u003e\u003cb\u003eCertificates will be issued on the date of successful completion of the assessment. The certificate will reflect the date of the training session.\u003c\/b\u003e\u003c\/li\u003e\n\u003cli class=\"MsoNormal\" style=\"mso-list: l0 level1 lfo2; tab-stops: list 36.0pt;\"\u003e\u003cb\u003eFor the Altimax \u003ca href=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0762\/8462\/5115\/files\/Terms_and_Conditions_-_Shopify_16_09_2025.pdf?v=1758036085\" target=\"_blank\"\u003eterms and conditions\u003c\/a\u003e, please refer to our \u003ca href=\"http:\/\/www.altimax.co.za\" target=\"_blank\"\u003ewebsite\u003c\/a\u003e.\u003c\/b\u003e\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Altimax","offers":[{"title":"Individual purchase","offer_id":48823884808411,"sku":"1","price":550.0,"currency_code":"ZAR","in_stock":true},{"title":"Group purchase","offer_id":48823884841179,"sku":"group","price":550.0,"currency_code":"ZAR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0762\/8462\/5115\/files\/IPSASUpdate.jpg?v=1780233941","url":"https:\/\/shop.altimax.co.za\/products\/cpd-annual-ipsas-update-4-august-2026","provider":"Altimax","version":"1.0","type":"link"}