Online Course on Understanding the
New UK & Ireland GAAP
You, your organisation and your clients need to prepare for a fundamental change in the way financial results are reported.
From 1 January 2015, companies who do not already follow International Financial Reporting Standards (IFRS) or Financial Reporting Standard for Smaller Entities (FRSSE), will be required to comply with new FRSs.
These new standards, in particular FRS 102, will effectively replace the existing UK and Republic of Ireland Generally Accepted Accounting Practice (GAAP).
In her course, Lisa Weaver helps you to understand the new regime, the background to the decision to adopt it and how it was developed. The course looks at the main principles of each of the main FRSs and enables you to think through the choices available to you so that you can start to make informed decisions about how you are going to implement the new standards before 1 Jan 2015 deadline.
Understanding the New UK & Ireland GAAP enables the learner to:
• Understand the background and history behind the decision to adopt the new regime
• Find out about the new FRSs, and their main principles and requirements
• Understand what the key dates and transition implications are
• Find out what disclosures are necessary in the first FRS102 statements
|Rating:||100% of learners thought this course met their CPD needs|
“It explains well the reasons for change and the criteria applying to adoption of FRS101, FRS102 or FRSSE”
“Gave good overall view together access and links to detail rules.”
“Need to be aware of changes in reporting so that one is prepared for the benefits and the costs of taking action.”
“Provided salient points.”
|You can review this course using the questionnaire in the course completion area.|
Learning outcomes of Understanding the New UK & Ireland GAAP
The new regime
• Why change at all?
• How was the regime developed?
• What are the new FRSs?
Overview of FRS 100, FRS 101 and FRS 102
• How do the new FRSs relate to each other?
• What are the main principles and requirements of FRS 100?
• What are the main principles of FRS 101?
• What are the main pros and cons of FRS 101?
• What are the main principles of FRS 102?
Choices, timings and transitional requirements
• Which part of the new regime should we adopt?
• When are the new standards effective and what is the transitional period?
• What adjustments are made on transition to FRS 102?
• What disclosures are necessary in the first FRS 102 statements?
Target audience for Understanding the 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 Understanding the New UK & Ireland GAAP
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.
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
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 100, FRS 101 and FRS 102: Understanding Online Course
Add to cart / basket
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.
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.
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.
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 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.
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 email@example.com 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 or send an email to firstname.lastname@example.org