Format
This 3.5 hour session will be delivered via Zoom on Thursday 5 September 2024 from 9.30am to 1pm. The Zoom link will be emailed to participants the day before the course is due to take place.
Who should attend
This course is suitable for accountants, and other business professionals,
both from small and mid-sized practices and in business, from across the island
of Ireland.
Course overview
The latest key Financial Reporting related issues for entities using either
FRS 102 or 105 that will be covered include:
- An overview of the proposed updates to FRS 102 and 105
coming from the recent FRC Periodic Review of UK & Irish GAAP
- Going Concern
- Judgements & Key Sources of Estimation Uncertainty
- Accounting Policies
- Post Balance Sheet Events
- Impairments of Assets
- Restructuring & Exceptional Items
- Ongoing UK Companies House Reforms and their likely
impacts on SME Financial Reporting
- Sustainability Reporting, what is on the way for SMEs,
and
- Typical areas for improvement with Financial Statements as highlighted by
Professional Standards, the Practice Consulting Team, and Regulators such, as
IAASA and the FRC.
This session will look to address common scenarios impacting SMEs across the
UK & Ireland, including giving example template financial statement
disclosure notes.
Key Learning Outcomes
Appreciate the key Financial Reporting issues for your SME clients at this
time and how to address these.
Speaker Bios
Conal Kennedy - Conal is Head of Practice Consulting in Chartered Accountants Ireland. He and his team provide advice and support to practices throughout Ireland, and publish a range of practice toolkits covering audit, accounting and compliance. Over a 16 year period in Practice Consulting, Conal has coached and advised many practices through major change events such as mergers, acquisitions and retirements. He has also advised on practice development and marketing.
Jeremy Twomey-Jeremy in his role as Practice Consulting Manager works to support our member practitioners across our service areas, with a particular focus on compliance support, training and our associated advisory services. Jeremy is a Fellow of the Institute, having trained with Ernst & Young; he has held senior management positions across both financial and professional services, as well as the public sector.
Contact us
If you have any questions regarding this or any other CPD course or requirements, please feel free to contact the team here or call us at
(+353) 01 523 3930