Overview

Management statements are often prepared under time pressure and relied on extensively in business decision-making, yet they are seldom subjected to the same level of scrutiny as annual financial statements. Despite this, they play a critical role in advisory engagements, influencing strategic planning, cash flow management, performance evaluation, and stakeholder confidence. When management statements are poorly prepared or inadequately analysed, they can mislead decision-makers and expose practitioners to professional, ethical, and reputational risk.

This webinar provides a practical and structured approach to analysing management statements within a business advisory context. It equips practitioners with the tools to assess the quality, consistency, and credibility of management information, identify red flags and bias, and convert financial data into meaningful strategic insights. The session bridges technical accounting knowledge with professional judgement, ethical awareness, and value-driven advisory practices.

Webinar Content

This webinar covers the following key areas:

• The role of management statements in business advisory engagements
• Limitations of management accounts and internal reporting
• Key differences between management statements and annual financial statements
• Assessing the reliability and quality of management information
• Common errors, estimates, and assumptions in management reporting
• Identifying bias, manipulation, and overly optimistic presentations
• Analytical procedures and ratios relevant to management statements
• Cash flow analysis and sustainability indicators in management reporting
• Linking management statements to strategy, performance, and decision-making
• Professional judgement, documentation, and ethical considerations
• Practical examples and case-style illustrations of management statement analysis

Competencies Developed

By the end of this webinar, participants will be able to:

• Critically evaluate the reliability and usefulness of management statements for advisory purposes
• Apply analytical techniques to identify trends, risks, and inconsistencies in management information
• Exercise sound professional judgement when interpreting estimates, assumptions, and performance indicators
• Recognise ethical risks and professional exposure arising from reliance on management accounts
• Translate financial information into strategic insights that support informed business decisions
• Strengthen advisory engagements through structured, defensible financial analysis

Presenter

Caryn Maitland

Caryn is a qualified CA (SA and RA), who has lectured extensively at the University of KwaZulu-Natal (and other institutes) where she lectured Advanced Financial Accounting. Since then, Caryn has specialised in facilitating ethics conversations, keeping assurance practitioners up to date and unpacking legislation for the financial sector.

She has conducted independent workshops and seminars for professional accountants since 2006 on various topics and has consulted on several technical issues. Since January 2011, she has focused on her own business as technical freelance consultant and trainer to those working within the accounting profession. Caryn is a technical advisor to various SAICA Eastern Region Districts as well as serving on various SAICA committees, such as the SAICA Eastern Region Council.

Since 2018, Caryn has worked extensively with commerce and industry, assisting analysts, directors, and other users of financials to interpret, prepare, analyse and forecast based on the results of financial statements.

CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of CPD.

Event Investment

Free for Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.

• Regular price:  R460.00
• Group booking discounts available when you register for a group.

Payments and cancellations

• All payments must be made by EFT or by credit card, at least three working days before commencement of an event.
• Kindly note that should payment not be received two days after the event, legal action will be taken.
• Proof of payment will be requested at registration if payment does not reflect in The Tax Faculty’s bank account.
• Only written notice of cancellation will be recognized.
• Conditions:
  • If the cancellation occurs more than four working days prior to the event no cancellation fee will be charged.
  • If the cancellation occurs less than four working days prior to the event, a 100% cancellation fee will apply.
• Delegates who book and fail to attend will be liable for the full event fee.
• The Tax Faculty’s liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
• Please click here for the full terms and conditions.