Stay up to date with the latest UK and Ireland GAAP changes in this practical half-day update covering key amendments, technical challenges and emerging developments.
Overview:
With changes to UK and Ireland accounting standards now effective, this half-day update will focus on recent amendments UK and Ireland GAAP, including:
- A refresher on the periodic review amendments and some of the less obvious changes that will affect preparers, such as lease incentives, long-term contracts and principal versus agent considerations.
- Updates on company law changes.
- Technical areas that cause challenges, including dividends, group reconstructions, Employee Ownership Trusts and discontinued operations.
- Small entity financial statements including disclosure issues and considering the differences between FRS 102 and FRS 105.
- Potential further changes to UK and Ireland accounting standards.
Comprehensive course material will be provided to attendees.
Speaker:
Steve Collings
Steve Collings FCCA is a director at Leavitt Walmsley Associates Ltd, a firm of Chartered Certified Accountants based in Sale, Cheshire where he trained and qualified.
Steve specialises in financial reporting (UK GAAP and IFRS), auditing and solicitors’ accounts rules and has lectured extensively to professional accountants in the UK and overseas (most recently in the Caribbean on IFRS and auditing).
Steve is the author of several books on accounting and audit-related issues and has been the author of many articles and whitepapers on financial reporting and auditing topics. He writes extensively for ACCA working closely with our technical advisory department to produce some of our authoritative technical factsheets on financial reporting and audit-related issues for our members. Steve has been awarded Accounting Technician of the Year at the British Accountancy Awards as well as receiving Outstanding Contribution to the Accountancy Profession award.
Steve is on the UK GAAP Advisory Panel at the Financial Reporting Council which has input into the development of UK and Irish accounting standards.