FRS 102 Comprehensive Understanding – Day 1

Course

In City of London

£ 545 + VAT

Description

  • Type

    Course

  • Location

    City of london

  • Class hours

    6h

  • Duration

    1 Day

  • Start date

    Different dates available

Overview of accounting standards regime

The mutually exclusive two days of this programme are designed to provide a thorough understanding of the accounting treatment and financial reporting requirements under FRS 102 for all key items – in a practical and relevant way accompanied by illustrative examples. This course also includes an update on significant new developments and a helpful comparison to ‘old’ UK GAAP. As the days are mutually exclusive, it is possible to book only one of the days. See what is covered on Day 2.

NOTE: this course does not cover first time adoption of FRS 102 in depth – for that we suggest our Adoption of FRS 102 course.

Facilities

Location

Start date

City of London (London)
See map
138-142 Holborn, EC1N 2NQ

Start date

Different dates availableEnrolment now open

About this course

This course is ideal for any accountants or other finance professionals looking for a thorough understanding of the accounting treatment required by FRS 102.

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Reviews

Subjects

  • Income Tax
  • Accounting
  • Financial
  • Accountancy
  • Financial Training
  • Financial Statement
  • Liability
  • Asset
  • Investment Properties
  • UK GAAP
  • Intangible Assets

Teachers and trainers (1)

Hermien  Bonthuys

Hermien Bonthuys

Teacher

Hermien is an independent trainer specialising in IFRS, UK GAAP, US GAAP, developments and changes in the accounting standards, ISAs, practical auditing skills for audit, financial reporting, and soft skills for business professionals. Previously, Hermien gained valuable practical experience at Deloitte and Touche here she performed and managed audit engagements, and also provided consulting services to high profile clients.

Course programme

  • Overview of the new UK Accounting Standards regime and where FRS 102 fits in
  • Financial statements required by FRS 102 (replacement of most of the financial statements as they have been required by previous UK GAAP)
  • Property, Plant & Equipment, Intangible assets, Impairment of Assets (IAS 23)
  • Investment properties
  • Accounting policies, estimates and errors
  • Inventory
  • Provisions, accruals and contingent liabilities/assets
  • Income tax (current and deferred)
  • Government grants
  • First time adoption of FRS 102 (see NOTE above)
  • FRS 102 Section 1A – summary of the reduced disclosures required for small entities

Resources provided include a user-friendly, comprehensive material pack, illustrative examples and case studies – including calculations and journal entries and a link to a complete set of accounts prepared under FRS 102.

FRS 102 Comprehensive Understanding – Day 1

£ 545 + VAT