Charities will soon be preparing their first set of accounts under the new SORP and FRS 102. Charities with 31 December year-ends will lead the way in just a few months. Moving to a new framework will always present some challenges but with a clear understanding of the issues that may arise, the path to transition will be that much easier.
In this session, we will look at some of the issues that may arise on transition to the new accounting framework and will suggest practical ways of resolving them. We will look at approaches to presenting comparative figures, accounting for multi-employer pension plans and holiday pay accrual and also look at some of the more difficult issues such as discounting for financing transactions, accounting for foreign exchange transactions and other derivatives. We will also look at reporting policies for senior staff remuneration and reporting risk and uncertainty in the annual report.
By the end of this course, you should have a clear understanding of the issues that may cause problems and how to resolve them.
Date: 8 September 2015
Time: 15.30pm registration for a 16.00pm start. Ends 18.00pm, followed by canapes and refreshments.
Speaker: Nick Brooks, Partner, Kingston Smith & Ray Jones, Specialist Adviser, Kingston Smith
Venue: Devonshire House, 60 Goswell Road, London EC1M 7AD
Cost: Please not this event is now fully booked
Date: September 8, 2015
Partner, Kingston Smith
Specialist Adviser, Kingston Smith
60 Goswell Road