FRS 102 - A Comprehensive Overview

Pricing

Cost for BPP PD Members: £799 + VAT 12 CPD Hours
(£999.00 + VAT for non BPP PD Members Click Here for details of our membership scheme).

Alternative Training Method

The course is available to attend via Online Classroom Live. You can book here

Course level

Developmental

Delegates

This course will provide a comprehensive but concise overview of the new UK financial reporting framework, useful to anyone who has to prepare financial statements or is involved in managing statutory reporting at the group or regional level on a regular basis plus those who are returning to such a role. This course is for you if you need to understand what has changed in UK GAAP to assess the impact of these changes on your role.

Course Content

UK GAAP as we know it has come to an end and there are radical changes. FRS 102 is applicable for accounting periods starting on or after 1 January 2015, i.e. 31 December 2015 was the first year end to apply this standard. This standard based on IFRS replaces most existing UK accounting standards.

This two day course provides an essential overview of the new UK financial reporting framework. The course covers the main requirements of various sections of FRS 102 and provides practical examples and illustrations throughout to demonstrate key treatments and disclosures required by the new standard.

Learning outcomes include obtaining a greater understanding of:

  • The UK regulatory environment
  • Convergence with international financial reporting standards
  • Format and content of financial statements
  • Comprehensive guidance on the accounting treatments and the main disclosures required under FRS 102, focusing in particular on the following areas:
    • Income statement issues, including:
      • Revenue recognition
      • Employee benefits
      • Share based payments
      • Income tax
      • Government grants
      • Foreign exchange
    • Balance sheet issues, including
      • Fixed assets
      • Current assets
      • Liabilities and provisions
      • Financial instruments
      • Disclosures
      • Group issues

"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."


Course Dates

Location Dates Time Availability  
London 10 - 11 Jul 2017 9:30 AM - 4:30 PM  Spaces Book Now
London 11 - 12 Sep 2017 9:30 AM - 4:30 PM  Spaces Book Now
Birmingham 30 - 31 Oct 2017 9:30 AM - 4:30 PM  Spaces Book Now
London 08 - 09 Nov 2017 9:30 AM - 4:30 PM  Spaces Book Now
Manchester 07 - 08 Dec 2017 9:30 AM - 4:30 PM  Spaces Book Now
London 14 - 15 Dec 2017 9:30 AM - 4:30 PM  Spaces Book Now

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