In partnership with Mercia Ireland
Session A & B
Tax, Legal and Accounting Implications of Transactions between a Company and its Directors
- Companies Act 2006: legality of transactions and possible consequences
- Companies Act 2006: disclosure requirements for advances, credits and guarantees together with the changes for small companies now that abbreviated accounts can no longer be filed
- FRS 102: accounting treatment of loans to and from directors whether at a market rate of interest or representing a financial transaction
- FRS 102: disclosure of transactions and the changes from FRS 8 and the FRSSE
- Scenarios including Benefits in kind; Directors’ current accounts; Amounts drawn in advance of remuneration; NIC and PAYE implications
Phil Frost, Mercia Group
Session C & D
Life after FRSSE- New UK GAAP for Small and Micro-Entities
- The new standard for micro-entities FRS 105
- The new small company accounting and reporting rules
- Reporting on Small Company Accounts
Phil Frost, Mercia Group
Please use attached booking form to book your place