Financial Reporting: Preparing for 2027 (Aug 26)
Category: Financial Reporting | Duration: 2hrs | Tag: VODEAMICO1NI26D1S2 | Type: Video | Course Level: Foundation | Speaker: Lindsay Webber | Date: 19/08/2026 13:50
Course Details
With FRS 102 amendments effective for accounting periods beginning on or after 1 January 2026, the 2027 reporting season will bring significant changes for NI entities. The revised requirements for leasing and revenue recognition represent the most substantial changes to UK GAAP in over a decade, and alongside ongoing Companies House reform and updates to FRS 101, there is a lot for practitioners to get across before year end. This session brings together all the key developments, giving you and your clients a clear head start on 2027.
In this session Lindsay Webber covers the following topics:
- FRS 102 Section 20: the new leasing model and on-balance sheet recognition
- FRS 102 Section 23: revised revenue recognition and the five-step model
- Transition options, practical expedients and key implementation decisions
- Companies House reform: latest updates and what they mean for UK businesses
- FRS 101 updates and their impact on qualifying entities
CPD Course Speaker
OmniPro Strategic Solutions
Lindsay Webber
As a head of Strategic Solutions at OmniPro, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training and technical assistance in audit and financial reporting.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.