The new IFRS for SMEs (Third Edition) – Section 19: Business Combinations and Goodwill

  • Presenter: Anton van Wyk CA(SA)
  • Level: Advanced
  • Study time: 2 Hours
  • Date: 4 Augustus 2026
    08:00 - 10:00 
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Course overview
Business combinations are an important aspect of financial reporting as many SMEs grow through acquisitions, restructurings, and group expansions. In this fifth webinar of our 2026 IFRS for SMEs Series, we unpack the key updates to Section 19: Business Combinations and Goodwill introduced in the Third Edition of the IFRS for SMEs (2025) and what they mean for practice. The IASB has refined and aligned aspects of the business combinations guidance to enhance clarity, consistency, and decision-usefulness, while maintaining simplifications appropriate for SMEs. This includes updated principles around identifying an acquisition, measuring identifiable assets and liabilities, determining goodwill, and addressing subsequent accounting considerations. During this session, we will focus on practical application — recognising and measuring consideration transferred, understanding the treatment of contingent consideration, allocating purchase prices correctly, and navigating goodwill amortisation and impairment considerations under the revised framework. If you prepare, review, or advise on SME group financial statements, this webinar will help you apply Section 19 with confidence, avoid common errors in acquisition accounting, and ensure that business combinations are reflected accurately and transparently under the updated Standard.

In completing this learning engagement, you will have developed the following professional competencies indicated in the green section below:

What's included?

  • 1 Live event
  • 1 Quiz
  • 1 Certificate

New IFRS for SMEs Business Combinations and Goodwill

Link with SAICA Competency Framework

  • Competencies covered in Technical competencies group, Enabling and future competency group and Professional values and attitudes competencies group