FRS 102 Amendments - What you need to know!

A focused training session covering the latest amendments to FRS 102 and their impact on financial reporting. The course is designed for accountants, finance teams, and auditors who need a practical understanding of the upcoming changes, implementation requirements, and key areas of judgment. Through real-life examples and practical insights, participants will learn how the amendments affect financial statements, disclosures, and business processes, ensuring readiness for the new reporting requirements.

Key Topics Covered:

1. Overview of the FRS 102 periodic review amendments
2. New revenue recognition requirements
3. Changes to lease accounting
4. Transition and implementation considerations
5. Impact on financial statements and disclosures
6. Practical examples and common challenges
7. Key actions for preparers and auditors

Outcome:

Attendees will leave with a clear understanding of the amendments, their practical implications, and the steps required to ensure a smooth and compliant transition.