ICAEW Practitioners' Essentials roadshows series 2017.
By now most entities will have applied FRS 102 at least once. Some will have applied it a couple of times already and will be gearing up for their third year of applying the new standard. For many what we still tend to refer to as ‘new’ UK GAAP is fast becoming business as usual. With the transition phase now behind us, it’s time to assess how the standard is being applied practice.
The Financial Reporting Faculty has got feedback from QAD, the ICAEW Technical Advisory Service, Companies House and HMRC. The judges have now spoken. And the verdict is that there is definitely room for improvement!
This roadshow will give feedback on the areas where FRS 102 is proving to be challenging. Using practical examples, delegates will be shown how to better comply with what can sometimes be a difficult accounting standard.
Key topics to be covered include:
The roadshow will also take a more detailed look at proposed changes to FRS 102 proposed by FRED 67 and the FRC’s plans for incorporating major new IFRSs into UK GAAP.
John is an ICAEW Chartered Accountant and independent training consultant, who lectures for the major trainers, accountancy practices and publishers. He speaks on money laundering, ethics, auditing and financial reporting. Previously, he has been the technical partner for a top 30 firm of accountants and Head of CharterGroup, the accountancy network.