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A Practical Guide to FRS 102 - What does it mean for me?

Training - Continuing Professional Development

Item Detail
Speaker Matthew Shaw
CPD 7.5 hours
Duration 9:30 - 5pm
Location Central London
Dates TBC
Member Price £185 + VAT
Non-Member Price £235 + VAT

Register your Interest

This course is not currently scheduled to run. We may schedule new dates over the next few months depending on interest. To register interest please contact us.


FRS 102 represents the most significant change in UK GAAP in the last decade. Whether you are familiar with IFRS or 'old' UK GAAP, this new Standard will prove a challenge as the accounting treatment and disclosures it requires are a sometimes base on IFRS, sometimes based on 'old' UK GAAP and sometimes a strange mix of the two.

Course Content

This one day workshop will focus on the following areas:-

  • This one day workshop will focus on the following areas:-
  • Which entities are effected by the Standard;
  • Key differences between FRS 102 and 'old' UK GAAP and IFRS;
  • How subjective areas are being interpreted;
  • Dealing with the transition to FRS 102 including a review of HAT’s transitional work programme;
  • Exemptions available for subsidiary undertakings and a parent's own financial statements when consolidated financial statements are prepared
  • A review of a model set of FRS 102 financial statements;
  • Practical guidance on dealing with the more challenging areas including:-
    • Financial Instruments (including hedging and related party balances), this area will be particularly useful for delegates with little or no practical experience of IFRS;
    • Issues affecting entities that consolidate;
    • Foreign exchange;
    • Accounting for defined benefit pension schemes:
  • Future developments (including: revenue recognition and lease accounting).


If you would like to make a booking or have any questions about a course, please use the form below or click here to email else call us on 020 7213 9911.

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Terms and conditions can be found on our pdf can be found below as well as our booking form if you would like to send in.