2019 FRS 102 - Problem areas 3 years on

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2019 FRS 102 - Problem areas 3 years on

£70.00 (Exc. VAT)
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Presented by John Selwood. CPD Points/Hours 4

Course Description: Many companies have now completed their third set of financial statements prepared under FRS 102 and there are lots of examples of good practice out there, as well as plenty of examples of people getting it wrong!

This session looks at areas of FRS 102 that have been the most problematic in practice.  Using examples and case studies the session will show you how to get it right.

The session will cover:

  • Revenue recognition
  • Loans at below market rates
  • Foreign currency transactions
  • Changes of accounting policy and accounting estimates
  • Impairment reviews
  • Accounting for leases
  • Accounting for investment properties and revaluations of property, plant and equipment
  • Group accounts
  • Presentation and disclosure for small companies – common pitfalls and problem areas
  • How the FRC has addressed problem areas in the triennial review of FRS 102

About the Presenter: John Selwood is a Chartered Accountant and independent training consultant, who lectures for major accountancy practices, professional bodies, training companies and publishers.  He speaks on financial reporting, money laundering, company law and auditing.
Previously, he has been the technical partner for a top thirty firm of accountants and head of an accountancy network.
John is a member of the ICAEWs Audit and Assurance Faculty’s Practitioner Services Committee and has been involved with presenting and writing the material for the Audit & Assurance and Financial Reporting Faculty’s Roadshows for a number of years.  He also regularly writes for Audit & Beyond and is the author of Core Auditing Standards.

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