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FRS 102 refresher

Available
All Locations
Financial reporting
Nov
5
Thu
-
Dec
31
Fri
09:30
-
PM
12:30GMT
Description
An overview of the main accounting changes brought about by the new UK GAAP.
Please choose from the dates below to view more details.
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  • Course level
  • Virtual classroom
  • Trainer
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  • In-house

FRS 102 refresher

Date and time

Location

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FRS 102 was the most significant change to UK GAAP in a generation. Most businesses have now been through the transition process and are now having to apply it on a day-to-day basis.

"Excellent. Right level of detail and tailored to attendees. Wasn't sure what to expect from a Zoom training course - but it was great. Breakout groups worked really well."

Delegate feedback

This course explains what the big deal was all about! And is designed for those who were not necessarily involved with the transition process or aren’t involved in financial reporting on a daily basis, and who are looking to increase their confidence in dealing with technical accounting areas.

"Vivek was very engaging and entertaining - I was expecting 6 hours of FRS102 to be a dull slog, but it flew by!"

Delegate feedback

Explore the main areas of FRS 102 in a practical and interactive way, ensure that you not only understand the accounting, but appreciate both the commercial impacts and key risk areas for your organisation.

Learning outcomes:

  • How to account for key balance sheet areas:
    • Fixed assets
    • Current assets
    • Liabilities and provisions
    • Introduction to financial instruments
  • How to account for key income statement areas:
    • Revenue recognition
  • How to account for other important areas:
    • Cash flow statements
    • Lease accounting
  • Key differences compared with old UK GAAP and/or IFRS, such as:
    • Intangible assets
    • Goodwill amortisation

Who should attend?

Finance professionals who work in organisations reporting under the UK GAAP, across all sectors. It is relevant for those that do not have technical reporting responsibilities but would like to stay up to date with accounting developments.

Course enquiries

 

Contact: Events information team

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This course is for:

Capability Framework

What is a virtual classroom?

A virtual classroom provides the same great learning experience as other ICAEW training, except one difference, you can learn from your desk.

Being delivered online makes it so much easier to access in a busy working week and would definitively recommend  this type of training. The breakout rooms work really well to allow you to get to know the other participants and share experiences.

Virtual classroom delegate

The focus is on the learner and creating an enriching classroom experience that connects participants globally. Using video, learners can converse and interact with the trainer and other learners in real-time. Whiteboards, break-out sessions, polls, screen-sharing, and interactive Q&A create an immersive learning experience.

I think the virtual training format using Zoom, and the survey features, and break out rooms, really works great. I had no problems engaging with the facilitator and felt he listened to what we said, and kept the pace of the content moving steadily.

Virtual classroom delegate

Secure your place now and keep your skills and knowledge up-to-date.

How do I attend a virtual classroom?

Once you've booked your session, you will receive an email with your booking confirmation. The steps you will need to follow to attend your virtual classroom will arrive in a separate email closer to the date of your course.

Vivek Mehan FCA

"Vivek made this rather complicated subject much more understandable & provided a pragmatic way to approach examples which will hopefully help me in the real world. Vivek - thank you for making the virtual session feel as if we were all in a classroom - your style makes these sessions very fun. Virtual training is definitely the way forward for me!"

Delegate feedback

Vivek is a chartered accountant and independent training and financial reporting consultant. He has nearly 20 years of experience in professional training and development. He has worked with a wide range of organisations both in practice and business (ranging from large FTSE 100 multinationals to owner managed companies). He also has extensive experience of working in the public sector. Vivek has particular expertise in financial reporting including UK GAAP, US GAAP and IFRS as well finance for non-finance training.

"This is the second course I have taken with Vivek and I must say he is the most engaging trainer I have ever come across. His training style is excellent and he is knowledgeable and confident enough to tackle just about any question - whether through a direct answer (if there is one) or a discussion of the thought processes you should employ if judgement needs to be exercised. All too often courses are about teaching the technical without any practical application guidance and the installation of moral thought processes for grey areas. He naturally holds your attention. I just thought he was brilliant."

Delegate feedback

 

Rate Price
ICAEW/Faculty/Community Member £334.69 + VAT
Non-Member £446.25 + VAT

 

Our public course programme is deliberately structured to encourage delegates from different organisations to participate. However, if you have six or more delegates who require development in the same area, we are able to run a more cost-effective and much wider range of courses tailored specifically to your organisation.

These are ideal for organisations seeking hassle-free, flexible and cost-effective training delivered to multiple delegates at your location of choice. Whether we use our existing materials or develop new content for your business, our expertise lies in translating your requirements into a pragmatic, interactive training programme highly relevant to your people and organisation.

To discuss in-house training for your business please email Academy or call Louise Thomas on +44 (0)20 7920 8733.

"The team at ICAEW were excellent from the start. They took time to understand our strategic plan and growth aspirations and built a programme around this. We are starting to see the fruits of it already. One of the key factors in the programme's success is that each participant is given one-to-one coaching, enabling them to focus on their own development." Richard Baker, Partner, Crowe Clark Whitehill

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