Mild or Acute? Taking stock of the Impact of COVID-19 on IFRS and Financial Reporting

This course can be delivered to your organisation as part of our bespoke Corporate Training Solutions, at your own time and your own convenience. Contact us on kla@kpmg.com.mt or call us on +356 2563 6363 or on +356 9963 6363 for more information on how we can take care of your organisation’s training needs.
Course Description:
The objective of this session is to look into the evolution of the COVID-19 pandemic from a financial reporting perspective. Although the main emerging points from different standards will be delved into, this session is not intended to serve as a general IFRS refresher. Focus will be made on the impact that COVID-19 had on different aspects of financial reporting and how such matters evolved during the past months. The idea is that this session will be a knowledge sharing experience, with attendees from different industries expressing their views on how the pandemic impacted their businesses’ financial reporting. Moreover, we shall also be looking into the most impacted areas from an audit perspective.
Standards which will be delved into include but not limited to – IAS 36 Impairment of Assets, IFRS 9 Financial Instruments, IFRS 15 Revenue from Contracts with Customers, IAS 2 Inventories, IAS 23 Borrowing Costs, IFRS 16 Leases and IAS 37 Provisions, Contingent Liabilities and Contingent Assets, amongst others.
Target Audience:
The session is aimed for accounting professionals, financial controllers and anyone who is entrusted with financial reporting of an entity under IFRS.
Learning Outcomes:
By the end of the session participants would be knowledgeable of the main aspects of financial reporting which have been most impacted by the COVID-19 pandemic. Participants will have the opportunity to share their experiences and to learn from others attending the session.
Venue: Kindly contact us on kla@kpmg.com.mt to indicate your preferred training method; online or in-person.
CPE Hours: This course qualifies for 2.5 hours of Structured CPE which can be classified as Core Competency. A certificate of attendance will be provided at the end of each session.
Trainers:
Jonathan Dingli, Partner, Head of Advisory, KPMG in Malta

Jonathan is Head of Advisory Services at KPMG in Malta. He co-leads the Corporate Accounting Advisory Services (CAAS) practice and leads both the KPMG Learning Academy and the firm’s ESG Reporting service line in Malta.
He has over 22 years of experience in the accountancy profession, complemented by 18 years of lecturing experience. Jonathan holds a Bachelor of Accountancy (Hons.) degree, awarded cum laude, from the University of Malta. He began his career within the audit function of KPMG before being appointed as the first Technical Officer of the Malta Institute of Accountants (MIA), later becoming its first Technical Director.
In 2012, Jonathan re-joined KPMG to establish the Accounting Advisory team. In his role as an IFRS specialist, he has advised a wide range of local and international clients on complex financial reporting matters, supporting them in achieving compliance with International Financial Reporting Standards (IFRS).
He subsequently assumed leadership of the firm’s training arm, the KPMG Learning Academy, and currently serves as KPMG Malta’s ESG Reporting Lead, assisting organisations in meeting the requirements of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS).
Jonathan completed his PhD studies in 2021 and lectures in advanced financial reporting to Master of Accountancy students at the University of Malta. He is an elected member of the Council of the Malta Institute of Accountants and currently serves as its President.
Emerson Zammit, Senior Manager, Corporate Accounting Advisory Services, KPMG in Malta
Emerson Zammit joined KPMG during 2018 after completing the Master in Accountancy Degree at the University of Malta. Emerson holds the role of an assistant manager within the firm’s Corporate Accounting Advisory Services team and has assisted a wide range of clients across different industries with complex financial reporting matters and other tailor-made solutions in compliance with IFRS. Emerson delivers technical training to both local and international clients on specific accounting matters.
Renzo Bugeja, Manager, Corporate Accounting Advisory Services, KPMG in Malta
Renzo joined KPMG’s Corporate Accounting Advisory Services function in 2018 upon completing his master’s degree in accountancy at the University of Malta. Renzo is mainly involved in advising a varied portfolio of local and international clients with their implementation of IFRS requirements. Renzo also delivers training on specific IFRS matters and local Companies Act requirements to his clients.
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Course Features
- Guided Learning 2.5 hours
- Language English
- Assessments


