FRS 102 - ARE YOU PREPARING NOW?
If you attend our brand new one-day seminar, Preparing for FRS 102 - The New UK GAAP, we will ensure that you are fully equipped with the knowledge and understanding necessary to make the transition to FRS 102 as smooth as possible for you and your organisation.
If your company's financial year-end was 31st December 2013 then there are certain steps you should already have taken to facilitate compliance with FRS 102. For other companies with financial year-ends that fall in 2014 they will have to determine how they take the same steps. You need to look at particular values within the Balance Sheet at the year-end and restate them in accordance with FRS 102 providing full explanations for the differences in their values with existing UK GAAP. Once you have identified the changes to the balance sheet and profit and loss account you need to assess the impact that FRS 102 has upon such things as loan agreements, distributable profits and profit related pay.
During this seminar, Bill Telford will clearly explain how you should manage the transition process and how you should prepare your first set of FRS 102 accounts. You can see a full course description and list of dates and venues by clicking here.
If you're unsure why you and colleagues need to attend this essential seminar, view our free introductory webcast here.
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