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2025 Financial Reporting Essentials for Practice (ROI & NI)

Summary

During this half day webinar, the Practice Consulting Team are going to provide an overview of the key 2025 financial reporting issues to be mindful of for micro, small and medium sized companies using FRS 102 and FRS 105 in the UK and Ireland.

 

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Venue details:  
Live Webinar, Online, Zoom
Start date & time:  
15 May 2025 09:30
End date & time:  
15 May 2025 13:00
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
4.00 Training Tickets accepted
CPD hours:  
3.50
Schedule details Select session for meeting registration
No sessions have been associated with this event.
Speaker details
Product type:  
CPD course

Format

This course will be delivered via Zoom on Thursday 15 May 2025 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

While the exact content of this webinar will be agreed closer to its airing, some of the likely issues to be covered will include:

  • The main agreed updates to FRS 102 and 105 (these relate to Lease and Revenue Accounting) coming from the latest FRC Periodic Review of UK & Irish GAAP.
  • UK Companies House Reforms, coming from the Economic Crime and Corporate Transparency Act 2023, and the resulting major impacts ahead for SME Financial Reporting.
  • Recently announced changes to the Company Size criteria for both the UK & Ireland, and their impacts on your clients and practice.
  • Sustainability Reporting, how it is likely to impact your clients and what you need to do to prepare.
  • Typical areas for improvement with relation to Financial Statements Disclosures and Presentation, as highlighted by Professional Standards, the Practice Consulting Team, and Regulators, such as IAASA and the FRC. Some areas where disclosure improvements are commonly identified that will be covered relate to Accounting Policies, Going Concern issues, as well as Judgements & Key Sources of Estimation Uncertainty in preparing financial statements.

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 in 2024 and how to address these.

Speaker Bios

Conal Kennedy FCA

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 FCA

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.

Note for Legacy CPA Members

Members who joined Chartered Accountants Ireland following the amalgamation on 1 September, please continue to book on the CPA Portal here to ensure you receive your member discount.

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.

Category:  
Audit and assurance, Practice and business improvement
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