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Northern Society of Chartered Accountants

At the heart of northern business since 1882

Right, wrong or maybe – practical issues in preparing accounts under new UK GAAP

Date: 19 June 2018 13:00 for 13:30

Type: Audit Assurance and Financial Reporting, Course

Organiser: NorSCA

Most small and micro-companies are now preparing their second set of accounts under new UK GAAP. In this seminar we will review the practical problems – and errors – identified in transition to new UK GAAP.

Course information

We will also consider the impact of recent changes to FRS 102 and FRS 105 and issues for the growing and shrinking businesses which may wish or need to change standards.

How to ensure that the correct standard is applied.

How to identify and correct errors in prior years

Changing accounting policies and standards

Practical problems in the profit and loss account

  • Recognising revenue
  • Accounting for tax
  • Fair value gains and losses
  • Employment costs

Practical problems in the balance sheet

  • Intangible fixed assets
  • Tangible fixed assets

Other statements 

  • are they required?
  • Practical problems

Notes to the accounts

  • Are they needed?
  • Accounting policies
  • Going concern
  • Related parties;
  • Commitments and contingencies;

Registration from 13:00

Cost

Price £75.00 + VAT
Retired Member £37.50 + VAT
Career Break Member £37.50 + VAT

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Venue

Newcastle Gateshead Marriott Hotel Metro Centre

Address:
Metro Centre
Gateshead
NE11 9XF

Tel No: 0191 493 2233

Speaker

Bill Telford  – Telford Financial Training Ltd

Bill Telford – Telford Financial Training Ltd

Bill qualified as an accountant with an international big four firm in 1975 and has spent the last 30 years in education and training. In 2000, he joined Baker Tilly as National Training Director and he has served on both the ICAEW Council the Learning & Professional Development Board. He has recently retired as a partner with Baker Tilly and is now trading as a freelance lecturer and training consultant.

How to book

The easiest way to book is online by clicking the button to Book Online at icaew.com – you will be able to log into your account at icaew.com and pay with your debit or credit card.

You can also telephone the ICAEW central events booking team on 01908 248159 and pay over the phone.

Alternatively you can download a booking form or book by email.