FRS 102: Impact on systems and data
Course
Online
Description
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Type
Course
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Methodology
Online
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Class hours
4h
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Duration
Flexible
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Start date
Different dates available
Have you thought through the consequences of the new reporting framework for your systems and data? With the introduction of a new financial reporting framework there is a great
opportunity to reassess the flow of data from transaction through to financial
statement.
For accounts to be produced efficiently, data must flow from transaction, to management accounts to statutory accounts without the need for manual intervention. This course will help you to explore potential opportunities for an entity to make the best use of its systems to increase the efficiency.
You will understand how to identify opportunities, and how to create efficiency and automation in the production of your financial statements.
Facilities
Location
Start date
Start date
About this course
FRS 102: Impact on systems and data enables the learner to:
• Define opportunities to increase efficiency
• Understand the requirements of FRS 102
• Recognise the data and information that needs to be captured in order to generate the financial statements
About the Author of FRS 102: Impact on systems and data
Lincoln MilesLincoln Miles is a professional financial reporting trainer who has provided accountancy training for 15 years.
Lincoln specialises in UK GAAP, IFRS and US GAAP and runs a training and consulting business that provides services in the UK, Poland, Bulgaria, Greece, Slovakia, Romania Czech Republic and the Channel Islands.
Reviews
Subjects
- Financial Training
- Financial
- VAT
- Report Writing
- Report writing for Management
- Financial Report
- Annual Report Writing
- Transaction data capture
- Manual Systems
- Automated systems
Teachers and trainers (1)
Financial Fluency
Online Learning
Course programme
Information requirements
• The structure of the fixed asset register
• Residual values and useful lives
• Impairment of assets
• Componentisation
• Borrowing costs
• Inventory
• Consolidated accounts
Automated systems
Manual Systems
Transaction data capture
FRS 102: Impact on systems and data