Accounting for Financial Instruments under FRS 102 – A Practical Guide
Course
In City of London
Description
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Type
Workshop
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Location
City of london
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Class hours
6h
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Duration
1 Day
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Start date
Different dates available
FRS 102 was scheduled for adoption in the UK in 2015. This course will provide an introduction to the principles behind the accounting entries for financial instruments under the new standard. The course involves practical application of the accounting principles with a comprehensive case study involving the accounting entries for the financial instruments.
Facilities
Location
Start date
Start date
About this course
Anyone who is involved in accounting and needs to understand the principles of accounting for financial instruments under FRS 102.
Delegates will need prior knowledge of basic double-entry bookkeeping so should have either an accounting background or have attended one of our Accounting Principles courses. A basic understanding of the products would also be useful (a course such as Corporate Treasury in Practice might be helpful).
Reviews
Subjects
- Report Writing
- Market
- Balance Sheet
- Accounting
- Market Research
- Financial
- Financial Training
- Financial Report
- Financial Instrument
- Value Accounting
- Amortised Cost
- Balance Sheet Report
Teachers and trainers (1)
Deborah Morton-Dare
Teacher
Deborah Morton-Dare is a Chartered Accountant who specialises in financial and strategic management training for all levels of financial background, from beginners to advanced, and to audiences ranging from SME’s to FTSE 100 board level. Deborah started her professional career in Corporate Finance gaining wide ranging experience in a variety of corporates and financial institutions.
Course programme
FRS 102 – Overview of impact on financial reporting in the UK
- What are the key principles and issues in accounting for financial instruments?
Principles of marking to market and fair value accounting/hedge accounting/amortised cost
- Step by step approach to accounting for financial instruments
- Identifying & classifying financial instruments on the balance sheet – basic and other instruments
- Initial and subsequent recording and period end adjustments for balance sheet reporting
- Hedge accounting
Comprehensive case study in which delegates ascertain the accounting entries for a range of financial products
Accounting for Financial Instruments under FRS 102 – A Practical Guide