FRS 100, FRS 101 and FRS 102: Managing the Transition

Online Course on Managing the Transition to New UK & Ireland GAAP Online CPD Training CourseManaging the Transition
to New UK & Ireland GAAP

The new financial reporting regime is an accounting issue, but the transition to the new UK and RoI Generally Accepted Accounting Practice (GAAP) impacts many other areas of the business. To ensure a smooth transition, according to author and expert Lisa Weaver, you need to manage it as a cohesive project which straddles relevant departments and roles.

In this course, she explains the best way to set up the project with clearly defined roles, effective documentation, and good communication both internally and externally and with other interested parties.

buy Managing the Transition to New UK & Ireland GAAP

From developing the project plan to exploring how the transition might cause a change in strategy or policy, this course gives you everything you need to manage the transition efficiently and effectively.

Managing the Transition to
New UK & Ireland GAAP enables the learner to:

• Understand why you need to plan the transition
• Find out about the key concepts involved
• Understand how to identify the main accounting impacts
• Identify systems and controls issues
• Understand how the transition will affect those inside, and
outside of your organisation
• Put together a strategy to communicate the changes to those affected

 

Rating: 5 Stars for online course 86% of learners thought this course met their CPD needs
Reviews:

“The course provided me with a clear insight into the new FRS and has enabled me to get an understanding for a paper I need to prepare and present.”

“By completing the questions and comments sections it made you think about what you had read which helps to retain the information.”

“Reminder of the importance of planning such a major event and ideas for getting all business functions involved.”

You can review this course using the questionnaire in the course completion area.

Learning outcomes of Managing the Transition to New UK & Ireland GAAP

Basic concepts of planning the transition
• What are the benefits of establishing a transition project?
• What should be the main stages in planning the project?
• What will be the cost of transition?
• What role can external advisors play in the project?
FRS managing the transition

Introducing the new GAAP as smoothly as possible
• How can the main accounting impacts be identified?
• What should be considered when developing new accounting policies?
• What issues might there be with documentation?
• What systems and controls issues need to be considered?
FRS Introducing new GAAP

The wider implications of the switch to new UK and Ireland GAAP
• Are there implications to employees, suppliers, customers and other people involved with my organisation?
• Will the transition have any effects on company strategy, policies and regulatory matters?
• Why is there a need to educate the people who want to understand the impact of the transition on my accounts and business?
• How can transition issues be effectively communicated to those outside the company?
FRS wider implications

Target audience for
Managing the Transition to New UK & Ireland GAAP

This course is designed to appeal to people working in the accounting and finance industry at all levels.

About the author of
Managing the Transition to New UK & Ireland GAAP

Lisa Weaver
Lisa Weaver is a professionally qualified lecturer with 15 years experience of exam-based, and CPD lecturing for accounting and finance professionals.

Lisa qualified ACA with Deloitte, and spent 4 years in audit practice, with clients ranging from major charities, multi-national organisations and listed companies to football clubs.
 
Since leaving audit practice, Lisa has lectured financial reporting, audit and governance subjects, developing and delivering CPD courses for qualified accountants working in industry and in practice.

Her clients have included KPMG, PWC, National Grid, British Energy, Orange, ACCA, AAT, ICAEW and CIMA. Lisa has delivered courses across Europe, the Caribbean, China and South East Asia and is regularly published in ACCA’s Accounting and Business journal.

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

US GAAP Online Training
Financial Reporting under IFRS
Understanding the New UK & Ireland GAAP
Getting to Grips with FRS 102

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Buy FRS 100, FRS 101 and FRS 102: Managing the Transition Online Course

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