Introduction
This course will focus on the areas where UK companies and their auditors are being criticised for their failure to comply with the requirements of FRS 102.
Key features
- Recognition of deferred tax assets
- “Hive up” accounting
- Accounting for fair value adjustments – including establishment of appropriate policies
- The disclosure problem
- Financial covenants and the classification of liabilities
- Appropriate accounting policies and disclosures in support of the cash flow statement
- Aspects of the latest FRC “Hall of Shame”
- Distinguishing between intangible assets and goodwill.
Speaker
Guy Loveday, PTP Ltd