Accounting for Financial Instruments under FRS 102 – A Practical Guide

Course

In City of London

£ 545 + VAT

Description

  • Type

    Workshop

  • Location

    City of london

  • Class hours

    6h

  • Duration

    1 Day

  • Start date

    Different dates available

Introduction to dealing with financial instruments

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

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

Start date

Different dates availableEnrolment now open
Different dates availableEnrolment now open

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).

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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

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

CONTENT

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

£ 545 + VAT