Audit Exempt Work Programme 2018 (ROI & NI)

Available: In stock

As audit exempt companies can now be quite sizeable, firms are recognising the importance of having robust procedures to deal with financial statements compilation assignments. Control the risk and improve the quality and efficiency of these assignments by using this toolkit. Available to download now.

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Practice toolkit
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Release date: 8 March 2018

This new toolkit contains a work programme that guides users through a set of relevant procedures for audit exempt companies, in both the Republic of Ireland and Northern Ireland.

It will assist users to plan and budget for preparing accounts for audit exempt companies, and a series of worksheets will suggest a set of procedures that will allow jobs to be completed in a thorough and efficient way.

The work programme has been comprehensively updated to reflect recent changes to FRS 102 and FRS 105 (including those resulting from the Triennial Review 2017), amendments to the Companies Act 2014 as a result of the Companies (Accounting) Act 2017, and changes to UK company law.

Key features:

  • Applies to both Republic of Ireland and Northern Ireland;
  • Suitable for both Small Companies and Micro Companies / Micro-entities;
  • Four new Disclosure Aide Memoirs have been included, covering Small Companies and Micro Companies in ROI and NI.  These have been significantly updated and enhanced over the old ‘Common Omissions’ aide memoirs and include references to Company Law and FRS 102 / FRS 105;
  • Many of the individual sections now include guidance on some of the more complex areas of FRS 102 and FRS 105, including goodwill, revaluations of fixed assets and investment properties, investments, directors' and connected company loans, and distributable profits.
  • Easy to use layout and order – indexing system compatible with PQAs;
  • Handy 2-Page Planning Memo to focus on what’s really important to help your staff get on the way efficiently;
  • Lead Schedules for balance sheet sections;
  • A Control Sheet to ensure that you have all the books and records before you start;
  • Anti-Money Laundering steps;
  • A step by step guide and template documents for availing of audit exemption.

This toolkit replaces the old ‘Audit Exempt Work Programme 2013 ROI’ and ‘Audit Exempt 2008 NI’ toolkits, which are now out of date.

It is available on a user friendly Excel-based download.  This will allow users to perform assignments using Excel spreadsheets that can be enhanced by supporting schedules.

Downloading your toolkit
Once you have placed your order online, first print your invoice if you require one. Following this, go into your My Account area on the website and open My courses & downloads.  Your toolkit will be available to download there. You have up to 90 days from the date of purchase to download your toolkit.

For more information, contact us at Practice Consulting at Tel: +353 1 6377300