In partnership with Mercia Ireland

Please use booking link to pay in euro online or use attached booking form below to book your place in sterling

Session A

Small and Micro‐Entities: Implementing the New Regime

Objectives

For periods commencing on or after 1 January 2016, small entities will adopt FRS 102 (with Section 1A) and micro‐entities will adopt FRS 105. The new standards may require significant amendments to companies' accounting policies and revised company law will impact the presentation and disclosure within both small and micro‐entity accounts.

Content

• An overview of the accounting differences between the FRSSE, FRS 102 and FRS 105
• The transition process in s35 FRS 102 and s28 FRS 105
• Case study examples illustrating the transition adjustments for small and micro‐entities
• Presentation and disclosure under FRS 102 section 1A and FRS 105
• Helping clients with the transition process
• A true and fair view ‐ considering additional disclosures

Phil Frost, Mercia Group

Session B

Legal Issues affecting SME practitioners

Objectives

An engaging and lively discussion of all the most recent developments in the areas of law that are most relevant to the practitioner or accountant dealing with the small and medium sized enterprise.

Content

Company and Business law update:

• Register of Persons with Significant Control
• Other implications from the Small Business Enterprise and Employment Act 2015
• Directors duties – including recent case law (Smithton v Naggar; Eclairs Group Ltd v JKX Oil and Gas) and legislative changes
• Deregulation Act 2015 (impact on resignation of auditors)
• The Company, Limited Liability Partnership and Business (Names and Trading Disclosures)
• Regulations 2015
• Other recent changes including – reduction of capital; purchase of own shares out of capital and company names
• Advice and update on restrictive covenants ‐ all the new cases
• Professional negligence update including tips for engagement letters following Mehjoo v
• Harben Barker and the Rothschild case on success fees

Employment law update:

• Auto‐enrolment – where are we
• Shared parental leave
• Minimum wage
• Recent case law on:
  • Calculating holiday pay
  • Termination by mutual agreement
  • Whistleblowing
  • Gross misconduct
• Other topical issues

Phil Frost, Mercia Group

Please use booking link to pay in euro online or use attached booking form below to book your place in sterling