Format
This course will be delivered via Zoom on 29 May 2025 from 9.30 am to 12.30
pm. The Zoom link will be emailed to participants the day before the course
is due to take place.
This course will follow the Virtual Classroom format. The online interactive
live sessions will utilise the functionality of our online learning platform and
will be an engaging, collaborative manner of learning. This session will not be
recorded, and therefore attendance is required.
Who should attend
Accountants working in practice and
those in industry with currently applying FRS 102
Course overview
The Financial Reporting Council (“FRC”) has issued FRED 82, which amends FRS
102: The Financial Reporting Standards Applicable in the UK and Republic of
Ireland (“FRS 102”). FRED 82 is effective 1 January 2026 and may be early
adopted provided all changes are applied simultaneously. These amendments are
the most significant changes to FRS 102 since its release, with the biggest
impacts to recognition and measurement affecting revenue and leases. FRED 82
also brings other changes and clarifications to areas such as business
combinations, share based payments among other topics. This course will include
a deep dive of the key changes from FRED 82, practical insights and Illustrative
examples with a focus on leases and revenue in conjunction with an overview of
other areas and the transitional requirements.
Key learning outcomes
The aim of the session will be to support you transition to the new
requirements of FRS 102. The agenda will include the following:
- An overview of the key changes to FRS 102;
- A deep dive into the new revenue recognition and
leasing principals with practical illustrative examples;
- Audit insights on the changes;
- An overview of the other areas impacted; and
- Practical insights and guidance in relation to the transitional
requirements.
Speaker Bio
Brian Murphy is a partner in
Audit & Assurance, within the Consumer & Technology Business team. Brian
joined Deloitte five years ago and he has over 14 years of experience, providing
audit and advisory services to a wide range of business sectors, including
retail, manufacturing, construction/real estate, engineering, hospitality and
technology sectors. His portfolio consists primarily of large privately owned
businesses, both family and private equity backed. Brian lectures and presents
extensively on a range of topics including audit, financial accounting/reporting
and finance on behalf of Chartered Accountants Ireland. He is past Chair of
Chartered Accountants Ireland Leinster Society and is the current Chair of CA
Support.
Dympna Cassidy is a director working in the Financial
Reporting Advisory team in Deloitte Ireland LLP. She has a BA in Accounting and
Finance from Dublin City University and is a Chartered Accountant. She has
12 years’ experience in practice including time in audit and accounting advisory
and significant experience in respect of International Financial Reporting
Standards as adopted by the European Union (“IFRS”), the suite of Irish GAAP
frameworks (including FRS 101 and FRS 102) and U.S GAAP. Dympna has been part of
the Financial Reporting Advisory team in Deloitte for the past number of years
and has worked on clients in a wide variety of industries supporting them with
their technical accounting needs.
Note for Legacy CPA Members
Members who joined Chartered Accountants Ireland following the amalgamation on 1 September, please contuine 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
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