Practical Introduction to UK GAAP

Training - Student Development Courses

Course Summary

Date
14 Jan 2027 - 15 Jan 2027
Location
Central London
CPD Hours
2 days
Who Should Attend
Trainees who have been working in the profession for 12 to 18 months and are starting to prepare and take responsibility for the disclosures within financial statements on audit and accounts preparation assignments.
Speaker
Adam Loake
Member Price
£420 + VAT
Non-Member Price
£535 + VAT
Forthcoming Dates
24 Jun 2027

Content of Course

This comprehensively updated course provides trainee accountants, who have up to one year’s experience, with an excellent and practical overview of UK GAAP financial statements. It covers the key reporting frameworks, common problem areas, and the differences trainees need to understand as they begin working on real‑world .

 

The course covers:

  • The financial reporting options available to UK companies
  • The auditor’s responsibilities in relation to the financial statements, strategic report and directors’ report
  • Common disclosure issues encountered when applying FRS 102
  • Key differences between FRS 102 and IFRS / FRS 101
  • The advantages and disadvantages of FRS 105 and Section 1A of FRS 102
  • Disclosure requirements for FRS 102 Section 1A financial statements
  • The changes to accounting treatments and disclosures on first‑time adoption of the updated version of FRS 102