Giving credit where it’s due – A conversation about debt versus equity

Preparers of financial statements are often tasked with having to classify a transaction as debt (liability), equity, or even a hybrid (combination) of the two. Many professionals become uncertain in this instance and may consequently classify instruments incorrectly. When initial classification and accounting have been done incorrectly, the resulting subsequent accounting recognition, measurement, presentation, and disclosure could also go haywire, causing havoc in the financial statements of the entity. Join Anton van Wyk CA(SA) and Karen van Wyk CA(SA) in this webinar where we deal with the best approach to follow to correctly classify transactions between debt, equity, or both. This webinar contains many practical examples of how such classification should be done. This is a webinar that will provide you with a practical approach to follow in real-world cases of such classification.