Northern Society of Chartered Accountants

Autumn Tax update with Bob Trunchion

Join Bob Trunchion for his regular half yearly Tax updates.

This course has been specifically designed to meet the needs of general practitioners, concentrating on matters that really affect your clients – achieving these aims for 30 years. Attending every six months not only gives you targeted CPD but alerts you to what you need to know. It is presented by an experienced speaker who has been training for the Northern Society of Chartered Accountants for all that time and understands the local environment.

Event Information

This course has proved to be the essential update for all practitioners and staff involved with clients affected by tax issues, as well as tax specialists for 30 years! The course aims to keep your technical knowledge up to date to comply with the ever-changing regulatory environment. The course is intended not only to alert you to such technical changes, but to highlight practical points which can be used in practice.  

By the time of the Course, changes to supply chains and other matters due to Brexit will be settling down and, hopefully, the Covid-19 Pandemic and other winter bugs should be easing. We will have had a Budget in the Autumn of 2021. Whilst this is heralded as just a “technical” Budget, there is still plenty of scope to change capital taxes in the UK given all the technical proposals that have been made by the OTS!

Clearly, there should be another Budget come the Autumn of 2022.

Whether “major or a minor” Budgets, all the above factors will combine to give a considerable amount of content to cover!

Content

This course aims to provide delegates with a practical and intensive review of developments over the last six months as well as changes likely to occur in the near future.

This course aims to cover the following topics:

• Tax announcements in 2021 Autumn Budgets
• What was in the resultant Finance Act 2021 and will be in Finance Bill 2022?
• Is there anything our clients should be doing now in the light of the increases already announced to CT and NIC
• Where are we on MTD, its delayed introduction and how should we be preparing our firms and our clients
• Where are we on the “level playing field” like the extension of IR35, the NMW/NLW etc?
• Recent Tax cases and HMRC pronouncements
• VAT and indirect tax developments including import and export solutions, ATED revaluations
• Other regulatory announcement affecting the Tax Profession such as on AML, CCOs, PCRT and all the other regulatory matters where we have to keep up to date.

Cost – webinar rates

RATE	COST
Price	£60.00 + VAT
Retired Member	£30.00 + VAT
Career Break Member	£30.00 + VAT

Cost – in person attendance rates

This course will be a hybrid event – you can attend in person too at Blaydon Rugby Club – please see details at this link.

RATE	COST
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

Northern Society CPD programme 2022

Northern Society runs a full programme of CPD courses that are open to all. Details of our 2022 programme are set out below.

Date	Session	Speaker
24 March 2022	What makes a good audit senior?	James Charlton
30 March 2022	A very practical Tax update – what you need to know	Rebecca Benneyworth
30 March 2022	Employment Taxes – an absolutely essential update	Rebecca Benneyworth
28 April 2022	Spring Tax update	Bob Trunchion
12 May 2022	Common disclosure errors in financial statements	John Selwood
23 June 2022	The A to Z of small and micro entity accounts	Peter Herbert
22 September 2022	Making Tax Digital – less than 130 days to go	Rebecca Benneyworth
22 September 2022	25% Corporation Tax – are there any small business Tax planning issues left?	Rebecca Benneyworth
11 October 2022	What makes a good audit junior?	James Charlton
19 October 2022	Are you ready for changes in auditing in 2023?	John Selwood
17 November 2022	Property Accounting – all the important considerations for accountants	Peter Herbert
1 December 2022	Autumn Tax update	Bob Trunchion

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Property accounting – all the important considerations for accountants with Peter Herbert

Most practitioners act for clients that have some accounting issues relating to property. Many act for professional landlords, property traders or property developers. Most other clients will own or rent property – which create their own accounting challenges. This session will look in depth at all the relevant issues and consider solutions in the event that either FRS 102 or FRS 105 is being applied.

 

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Are you ready for changes in auditing in 2023? with John Selwood

Join John Selwood for his update on the significant changes in audit for 2023.

This session will cover the significant changes arising from:

• ISA (UK) 315 (Revised July 2020) Identifying and Assessing the Risks of Material Misstatement and
• ISA (UK) 240 (Revised May 2021) The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements.
• Revised/New International Standards on Quality Management

Revised ISAs 315 and 240 are effective for periods beginning on or after 15 December 2021. In most cases this means that the changes will apply to December 2022, year ends,

Revised ISQMs apply from 15 December 2022.

Event Information

This course will cover:

ISA 315 (Revised)

• Overview of the revised ISA
• The more granular risk assessment
• Spectrum of risk
• Identifying significant risks
• Internal controls – general IT controls
• Other detailed revised requirements

ISA 240 (Revised)

• Overview of the revised ISA
• The auditor’s responsibilities in relation to fraud
• The audit team discussion
• Use of experts
• Dealing with whistle-blowers
• How to appropriately apply scepticism
• Management override
• Testing journals

Revised ISQMs

• Overview of ISQM 1, ISQM 2 and ISA 220 Revised
• Establishing quality objectives
• Risk assessment – identify and assess risks
• Monitoring and remediation processes including root cause analysis
• Documentation
• Using off-the-shelf solutions

Suitable for: This update is for all auditors.

Cost – webinar rates

RATE	COST
Price	£60.00 + VAT
Retired Member	£30.00 + VAT

Cost – in person attendance rates

This course will be a hybrid event – you can attend in person too at Blaydon Rugby Club – please see details at this link.

RATE	COST
Price	£90.00 + VAT
Retired Member	£45.00 + VAT

 

Northern Society CPD programme 2022

Northern Society runs a full programme of CPD courses that are open to all. Details of our 2022 programme are set out below.

Date	Session	Speaker
24 March 2022	What makes a good audit senior?	James Charlton
30 March 2022	A very practical Tax update – what you need to know	Rebecca Benneyworth
30 March 2022	Employment Taxes – an absolutely essential update	Rebecca Benneyworth
28 April 2022	Spring Tax update	Bob Trunchion
12 May 2022	Common disclosure errors in financial statements	John Selwood
23 June 2022	The A to Z of small and micro entity accounts	Peter Herbert
22 September 2022	Making Tax Digital – less than 130 days to go	Rebecca Benneyworth
22 September 2022	25% Corporation Tax – are there any small business Tax planning issues left?	Rebecca Benneyworth
11 October 2022	What makes a good audit junior?	James Charlton
19 October 2022	Are you ready for changes in auditing in 2023?	John Selwood
17 November 2022	Property Accounting – all the important considerations for accountants	Peter Herbert
1 December 2022	Autumn Tax update	Bob Trunchion

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What makes a good audit junior?

This seminar is aimed at those with up to two years’ experience with little or no understanding of audit.

An audit junior is required to understand the fundamental principles of an audit and the relevant audit assertions. This seminar, targeted at those with up to two years’ practical experience, will provide participants with a range of practical tools to develop their skills and competence in the field.

Event Information

Topics covered include:

• Understanding the audit assertions and directional testing
• Documenting systems notes and performing walk through tests
• How to question, and listen, effectively when talking to client staff
• Using analytical skills and common sense when carrying out audit work
• Documenting work and producing good quality working papers
• When and how to seeking assistance from seniors, managers and partners

Who should attend the seminar?

• Staff in accounting firms with little or no experience in auditing but who want to learn more

Cost – in person course

RATE	COST
Price	£60.00 + VAT

Speaker

James Charlton
James is an experienced trainer specialising in financial reporting, both UK GAAP and IFRS, audit and the charity sector. James also has experience in the banking and insurance sectors.

James spent a number of years in professional examination training before entering the world of CPD training. He brings energy and interactivity to every course that he delivers.

James has also worked in the audit technical team at a national mid-tier firm, providing financial reporting and audit technical advice to the audit and accountancy departments, writing and reviewing technical materials for the practice, and performing engagement quality control reviews on audit files.

Northern Society CPD programme 2022

Northern Society runs a full programme of CPD courses that are open to all. Details of our 2022 programme are set out below.

Date	Session	Speaker
24 March 2022	What makes a good audit senior?	James Charlton
30 March 2022	A very practical Tax update – what you need to know	Rebecca Benneyworth
30 March 2022	Employment Taxes – an absolutely essential update	Rebecca Benneyworth
28 April 2022	Spring Tax update	Bob Trunchion
12 May 2022	Common disclosure errors in financial statements	John Selwood
23 June 2022	The A to Z of small and micro entity accounts	Peter Herbert
22 September 2022	Making Tax Digital – less than 130 days to go	Rebecca Benneyworth
22 September 2022	25% Corporation Tax – are there any small business Tax planning issues left?	Rebecca Benneyworth
11 October 2022	What makes a good audit junior?	James Charlton
19 October 2022	Are you ready for changes in auditing in 2023?	John Selwood
17 November 2022	Property Accounting – all the important considerations for accountants	Peter Herbert
1 December 2022	Autumn Tax update	Bob Trunchion

 

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25% corporation tax – are there any small business tax planning issues left? with Rebecca Benneyworth

A practical update with Rebecca Benneyworth

This course will look at all of the tax issues affecting small businesses including small owner managed companies and their directors and shareholders.

Event Information

Is tax planning dead or are there pockets of sensible and practical advice?

Do join us to hear the latest!

Cost – webinar rate

RATE	COST
ICAEW Member	£60.00 + VAT
Non-Member	£60.00 + VAT
Retired Member	£30.00 + VAT
Career Break Member	£30.00 + VAT

Cost – in person attendance rates

This course will be a hybrid event – you can attend in person too at Blaydon Rugby Club – please see details at this link.

RATE	COST
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

Northern Society CPD programme 2022

Northern Society runs a full programme of CPD courses that are open to all. Details of our 2022 programme are set out below.

Date	Session	Speaker
24 March 2022	What makes a good audit senior?	James Charlton
30 March 2022	A very practical Tax update – what you need to know	Rebecca Benneyworth
30 March 2022	Employment Taxes – an absolutely essential update	Rebecca Benneyworth
28 April 2022	Spring Tax update	Bob Trunchion
12 May 2022	Common disclosure errors in financial statements	John Selwood
23 June 2022	The A to Z of small and micro entity accounts	Peter Herbert
22 September 2022	Making Tax Digital – less than 130 days to go	Rebecca Benneyworth
22 September 2022	25% Corporation Tax – are there any small business Tax planning issues left?	Rebecca Benneyworth
11 October 2022	What makes a good audit junior?	James Charlton
19 October 2022	Are you ready for changes in auditing in 2023?	John Selwood
17 November 2022	Property Accounting – all the important considerations for accountants	Peter Herbert
1 December 2022	Autumn Tax update	Bob Trunchion

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Making Tax Digital countdown – less than 130 days to go! with Rebecca Benneyworth

A practical update with Rebecca Benneyworth via webinar.

The biggest change to affect the tax system since self-assessment is less than 6 months away.

Event Information

Rebecca will explain when your clients will be subject to the new rules and what you need to do to comply with the reporting requirements.

Are spreadsheets acceptable? Do I need to change accounting date? All will be revealed.

Cost – webinar rate

RATE	COST
Price	£60.00 + VAT
Retired Member	£30.00 + VAT
Career Break Member	£30.00 + VAT

Cost – in person attendance rates

This course will be a hybrid event – you can attend in person too at Blaydon Rugby Club – please see details at this link.

RATE	COST
Price	£90.00 + VAT
Retired Member	£45.00 + VAT
Career Break Member	£45.00 + VAT

Northern Society CPD programme 2022

Northern Society runs a full programme of CPD courses that are open to all. Details of our 2022 programme are set out below.

Date	Session	Speaker
24 March 2022	What makes a good audit senior?	James Charlton
30 March 2022	A very practical Tax update – what you need to know	Rebecca Benneyworth
30 March 2022	Employment Taxes – an absolutely essential update	Rebecca Benneyworth
28 April 2022	Spring Tax update	Bob Trunchion
12 May 2022	Common disclosure errors in financial statements	John Selwood
23 June 2022	The A to Z of small and micro entity accounts	Peter Herbert
22 September 2022	Making Tax Digital – less than 130 days to go	Rebecca Benneyworth
22 September 2022	25% Corporation Tax – are there any small business Tax planning issues left?	Rebecca Benneyworth
11 October 2022	What makes a good audit junior?	James Charlton
19 October 2022	Are you ready for changes in auditing in 2023?	John Selwood
17 November 2022	Property Accounting – all the important considerations for accountants	Peter Herbert
1 December 2022	Autumn Tax update	Bob Trunchion

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All too familiar film screening – the latest ICAEW film

Facilitated discussion following the screening of ICAEW’s All Too Familiar film. This event is for UK-based ICAEW members only.

All Too Familiar is a high-quality training film created by ICAEW in collaboration with HMRC which explores the degree of trust still placed in personal and professional relationships and whether enough scepticism is being used in the fight against economic crime.

Event Information

As with the previous ICAEW films, False Assurance (2015) and Without Question (2017), the latest release, All Too Familiar, challenges mindsets and provokes discussion. This time on the need for greater professional scepticism to help reduce the risk of economic crime, and in particular, money laundering.

As well as professional scepticism, All Too Familiar draws out many themes for discussion, such as:

• Can familiarity cloud a firm’s judgement,
• When is the right time to disengage from a client, and
• What are a firm’s professional responsibilities when engaging with law enforcement?

The film also examines the appropriate levels of Customer Due Diligence (CDD) and risk assessments for client relationships.

Northern Society Vice President Richard Slack will facilitate a Chatham House Rules discussion. Breakfast items will be served prior to the films screening. There is no charge to attend. This event is for UK-based ICAEW members only.

Cost

RATE	COST
ICAEW Member	No Charge

Speaker

Dr Richard Slack
Dr Richard Slack is a professor in Accounting at Durham University Business School and was head of department of Accounting from 2017 to 2019. Richard joined Durham University in 2012, having previously been Professor in Accounting at Newcastle Business School, Northumbria University. Richard, an Economics graduate of St Andrews University, had previously worked in the audit department at Price Waterhouse in Newcastle from 1986 to 1992 and is a qualified chartered accountant. Prior to becoming Vice President in May 2021, Richard has been actively involved with the Northern Society, being a long-standing member of the Tyne and Wear branch and served as branch chair in 2015-16.

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Careers Series: Build your brand

A series of seminars for young members to help develop your career.

The ability to effectively work with and influence business partners and clients is dependent on good quality relationships, which are in turn built on trust.

Event Information

 

This lunchtime session will be led by Oliver Deacon, an FCA who qualified at Deloitte and, until recently, was an FD at Microsoft, where he business partnered and influenced executives on a $4.5BN P&L.

Cost

Rate	Cost
Price	No Charge

Further events in the programme

Date	Time	Event
20 Jan 2022	12.30-13.30	Career management – getting promoted, moving from practice to industry & developing new skills
17 Feb 2022	12.30-13.30	Presenting with Confidence and Impact – getting your key messages across
17 Mar 2022	12.30-13.30	Influencing skills – build trust to influence
07 Apr 2022	12.30-13.30	Communication – Having great quality conversations – asking great question, listening & selling not telling
26 May 2022	12.30-13.30	Get productive with Microsoft Office
23 Jun 2022	12.30-13.30	3-part manager series: First time manager skills
14 Jul 2022	12.30-13.30	3-part manager mini-series: Coaching skills for managers
11 Aug 2022	12.30-13.30	3-part manager mini-series: Building a strengths-based team
22 Sept 2022	12.30-13.30	Career Series: Future of Finance – skills for the next generation
13 Oct 2022	12.30-13.30	Career Series: Finding your dream job
17 Nov 2022	12.30-13.30	Careers Series: Your professional person
8 Dec 2022	12.30-13.30	Careers Series: Build your brand

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Careers Series: Your professional person

A series of seminars for young members to help develop your career.

The ability to effectively work with and influence business partners and clients is dependent on good quality relationships, which are in turn built on trust.

Event Information

 

This lunchtime session will be led by Oliver Deacon, an FCA who qualified at Deloitte and, until recently, was an FD at Microsoft, where he business partnered and influenced executives on a $4.5BN P&L.

Cost

Rate	Cost
Price	No Charge

Further events in the programme

Date	Time	Event
20 Jan 2022	12.30-13.30	Career management – getting promoted, moving from practice to industry & developing new skills
17 Feb 2022	12.30-13.30	Presenting with Confidence and Impact – getting your key messages across
17 Mar 2022	12.30-13.30	Influencing skills – build trust to influence
07 Apr 2022	12.30-13.30	Communication – Having great quality conversations – asking great question, listening & selling not telling
26 May 2022	12.30-13.30	Get productive with Microsoft Office
23 Jun 2022	12.30-13.30	3-part manager series: First time manager skills
14 Jul 2022	12.30-13.30	3-part manager mini-series: Coaching skills for managers
11 Aug 2022	12.30-13.30	3-part manager mini-series: Building a strengths-based team
22 Sept 2022	12.30-13.30	Career Series: Future of Finance – skills for the next generation
13 Oct 2022	12.30-13.30	Career Series: Finding your dream job
17 Nov 2022	12.30-13.30	Careers Series: Your professional person
8 Dec 2022	12.30-13.30	Careers Series: Build your brand

More

Career Series: Finding your dream job

A series of seminars for young members to help develop your career.

The ability to effectively work with and influence business partners and clients is dependent on good quality relationships, which are in turn built on trust.

Event Information

 

This lunchtime session will be led by Oliver Deacon, an FCA who qualified at Deloitte and, until recently, was an FD at Microsoft, where he business partnered and influenced executives on a $4.5BN P&L.

Cost

Rate	Cost
Price	No Charge

Further events in the programme

Date	Time	Event
20 Jan 2022	12.30-13.30	Career management – getting promoted, moving from practice to industry & developing new skills
17 Feb 2022	12.30-13.30	Presenting with Confidence and Impact – getting your key messages across
17 Mar 2022	12.30-13.30	Influencing skills – build trust to influence
07 Apr 2022	12.30-13.30	Communication – Having great quality conversations – asking great question, listening & selling not telling
26 May 2022	12.30-13.30	Get productive with Microsoft Office
23 Jun 2022	12.30-13.30	3-part manager series: First time manager skills
14 Jul 2022	12.30-13.30	3-part manager mini-series: Coaching skills for managers
11 Aug 2022	12.30-13.30	3-part manager mini-series: Building a strengths-based team
22 Sept 2022	12.30-13.30	Career Series: Future of Finance – skills for the next generation
13 Oct 2022	12.30-13.30	Career Series: Finding your dream job
17 Nov 2022	12.30-13.30	Careers Series: Your professional person
8 Dec 2022	12.30-13.30	Careers Series: Build your brand

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