{"id":9821,"date":"2015-10-23T18:20:01","date_gmt":"2015-10-23T17:20:01","guid":{"rendered":"https:\/\/www.financial-fluency.co.uk\/?page_id=9821"},"modified":"2019-12-09T12:02:19","modified_gmt":"2019-12-09T12:02:19","slug":"frs-105-frs-102-1a-uk-gaap-micro-small-cos","status":"publish","type":"page","link":"https:\/\/www.financial-fluency.co.uk\/online-learning\/financial-reporting\/frs-105-frs-102-1a-uk-gaap-micro-small-cos\/","title":{"rendered":"FRS 105 & FRS 102 1A: UK GAAP Micro & Small Cos"},"content":{"rendered":"
FRS 105 & FRS 102 1A standards are for small companies “micro-entities\u201d. <\/p>\n
There are approximately 3 million companies in the UK that meet the thresholds so these standards are significant to a large number of business owners and their advisors. <\/p>\n
The intention of the these standards is to reduce the financial reporting burden and yet planning and preparation is still advised.<\/p>\n
This course explores the context of the standards, examines the accounting and disclosure requirements and considers the potential wider implications and planning aspects that should ensure smooth reporting. <\/p>\n
\u2022\tUnderstand the accounting regime for small and micro entities. This course is written for people working in the accounting and finance industry at all levels.<\/p>\n \u2022\tOverview of FRS 105 and FRS 102a <\/a> <\/a><\/p>\n
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\nUse promo code FF101<\/strong><\/font> at checkout to receive the Financial Fluency special price<\/em>
\nUse promo code FF20<\/strong><\/span> at checkout to receive \u00a3100 discount on 5 or more courses<\/em><\/p>\n\nAt the end of this online CPD course you will be able to<\/h3>\n
\n\u2022\tSee how financial statements should be presented under the regime
\n\u2022\tDevelop a plan for this method reporting
\n\u2022\tMinimise the impact and associated costs of reporting.<\/p>\nKey areas covered<\/h3>\n
\n\u2022\tFRS 105 The micro-entity regime
\n\u2022\tFRS 102 Section 1A \u2013 the small entities regime
\n\u2022\tPreparing for reporting under the regimes<\/p>\nExample feedback<\/h3>\n