FRS102 Refresher Training

Transforming finance training

FRS102 Refresher Training

Our refresher training explores the main areas of FRS102 in a practical and interactive way. Ensure that you not only understand the accounting, but appreciate both the commercial impact and key risk areas for your organisation.

FRS102 was probably the most significant change to UK GAAP since its inception! Most businesses have now been through the transition process and are having to apply it on a daily basis.This course explains what the big deal was all about!

It is designed for those who were not necessarily involved with the transition process or aren’t working in a financial reporting role but are looking to increase their confidence in dealing with technical accounting areas.

  • All levels
  • Non technical roles
  • Practice and Industry

No prior knowledge is assumed

One day face to face

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

Note –This course requires no pre-knowledge of FRS102 and takes you through the main accounting areas. This outline covers the core topics that apply to most businesses. We will work with you to discuss if any other topics need to be added to the course.

BESPOKE

EXPERT

VIRTUAL

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