Overview 

This full-day course will examine some of the key proposals contained in the FRC’s Exposure Draft on their periodic review of UK and Ireland GAAP, including:

• On-balance sheet lease accounting
• Revenue recognition
• Reporting for small entities under FRS 102, Section 1A Small Entities

In addition, the course will look at some of the most common technically challenging areas of FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime, including:

• Recognition and measurement of financial instruments
• Deferred tax
• Accounting for property revaluations
• Reporting on going concern
• Related parties
• Accounting for pension contributions
• Assessing materiality for non-audit assignments
• Dealing with provisions and contingencies
• Post-balance sheet events

This course will use worked examples to bring to life the theory contained in the accounting standards and will highlight the difficulties often faced by preparers in these technical areas.

Steve Collings

Steve is the audit and technical partner at Leavitt Walmsley Associates Ltd where he trained and qualified. Steve specialises in auditing and financial reporting (UK GAAP and IFRS) and Solicitors Accounts Rules as well as having an interest in taxation issues for small and medium-sized businesses. Steve became a member of the Association of Accounting Technicians in 2001 and qualified as a Chartered Certified Accountant in 2005. In 2010 Steve became a Fellow of the Association of Chartered Certified Accountants (ACCA).

6 CPD units

1 hour of learning = 1 unit of CPD.

ACCA members can use this learning to meet their CPD requirements provided it is relevant to their career. If the event contributes to general knowledge and skills, it should be recorded as non-verifiable CPD. If the learning can be applied in the workplace, it will contribute to verifiable CPD.

Fee: 115 GBP + VAT (138 GBP) per delegate

Please note: If you are unable to join the live webinars, they will be available on-demand 24 hours after the live webinar ends and you will have access to the sessions for 12 months.

The webinar handout material will be available on the webinar platform when you log in to view, 15 minutes before the live webinar start.

This event is organised by ACCA UK Continuous Learning Team.

If you have any queries regarding this event please contact us on: