FRS 102: Impact on systems and data
Online Course on FRS 102: Impact on systems and data
Have you thought through the consequences of the new reporting framework for your systems and data?
With the introduction of a new financial reporting framework there is a great
opportunity to reassess the flow of data from transaction through to financial
statement.
For accounts to be produced efficiently, data must flow from transaction, to
management accounts to statutory accounts without the need for manual intervention.
This course will help you to explore potential opportunities for an entity to make the best use of its systems to increase the efficiency.
You will understand how to identify opportunities, and how to create efficiency and automation in the production of your financial statements.
FRS 102: Impact on systems and data enables the learner to:
• Define opportunities to increase efficiency
• Understand the requirements of FRS 102
• Recognise the data and information that needs to be captured in order to generate the financial statements
Learning outcomes of FRS 102: Impact on systems and data
Information requirements
• The structure of the fixed asset register
• Residual values and useful lives
• Impairment of assets
• Componentisation
• Borrowing costs
• Inventory
• Consolidated accounts
Automated systems
Manual Systems
Transaction data capture
About the Author of FRS 102: Impact on systems and data
Lincoln Miles is a professional financial reporting trainer who has provided accountancy training for 15 years.
Lincoln specialises in UK GAAP, IFRS and US GAAP and runs a training and consulting business that provides services in the UK, Poland, Bulgaria, Greece, Slovakia, Romania Czech Republic and the Channel Islands.
Flexible learning
Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of activities designed to accommodate a range of learning styles.
You might also be interested in
FRS 102: Getting to grips
FRS 102: Choosing between alternatives
FRS 102: How will the numbers change?
FRS 102: Reacting to reduced regulation
Register now for free module
To purchase a course or to try a free module please register. Registration is free and there is no obligation to purchase. Just click the button below:
Please review our Frequently Answers Questions (FAQs) for answers to the most common questions we receive (opens in a new window).
Buy FRS 102: Impact on systems and data
Pay online
Add to cart / basket
Instant Purchase
Click on the Buy Now or Add to Cart button above to make your purchase via credit or debit card. Your payment will be collected securely via PayPal. Please note that a PayPal account is NOT required to process your payment (simply click on the option to pay via credit or debit card). No surcharge will be levied on card payments for purchases. You will automatically be emailed a receipt after your purchase. Your service with Financial Fluency commences once your payment is processed. You have the right to cancel your order, less an admin charge, from the time of purchase for a period of 7 days provided you have not accessed the course. If you have worked through any of the course content you will not be able to cancel your order. Please read our full terms and conditions before purchase.
Pay by invoice and bank transfer
If preferred you can pay via bank transfer (BACS / EFT / Online banking).
Please complete the form below and we will send you an invoice with our bank details.
Other relevant information
View cart or checkout
If using our shopping cart, you can view the cart and checkout here.
Access
You will receive 3 or 12 months (depending upon your chosen option) unlimited free access after payment of a one off registration fee.
Length of courses
Each course takes approximately 4 hours to complete.
CPD points
Once you've completed the course you will be able to claim 4 verifiable CPD hours, if required. CPD points are claimed by the registered user, who can be someone different to the person who pays if required.
*VAT
VAT will be calculated and added automatically during the checkout process (and before any payment is taken) based on your location.
VAT is applicable at the prevailing rate for customers within the EU. VAT will be added during checkout at the rate applicable to your Country. For customers outside the EU, where UK VAT is non-applicable, the checkout will automatically detect your location and VAT will not be added.
For customers in the Channel Islands please contact us in advance of purchase.
Delivery
You will be emailed instructions of how to access your course and an activation code within one working day, usually a few hours.
Do you wish to pay in a different currency?
Simply email support@financialfluency.co.uk with a list of the courses you wish to purchase and your chosen currency and we will send you an invoice in your desired currency.
Any more questions?
For any questions, please see our frequently asked questions as well as our full terms and conditions or send an email to support@financial-fluency.co.uk