Course Details

This course is a follow on from Parts 1 and 2 and covers most of the remaining major amendments to FRS 102 and 105. This will impact the preparation of financial statements for all non-listed companies in Ireland. Some of the changes are material particularly the changes to business combinations, uncertain tax treatment and supplier finance arrangements and how they will be recognised and disclosed in the financial statements.

 

Robert Kirk covers the following topics during this presentation:

  • Tying in IFRS 3 Business Combinations into FRS 102
  • Incorporating IFRIC 23 into income tax section
  • Disclosure for supplier finance arrangements
  • Explain conflict between revised section 2 and provisions/intangible assets
  • Accounting for R&D expenditure credits – tax or grant?
  • Changes to FRS 102 Section 1 exemptions
  • Changes to FRS 105
  • Changes to UK reporting for small entities

 

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CPD Course Speaker

Consultant

Robert Kirk

Robert qualified in first place in 1975 as an Irish Chartered Accountant after graduating in Economics from Queens University. He trained in practice with Price Waterhouse and later worked in industry with a subsidiary of Shell (UK). His teaching career started with Business and Accounting Training (now Griffith College) in Dublin where he taught mainly on the professional examination courses for ICAI, CPA, CIMA and ACCA in Belfast and Dublin.

Robert specialises in the teaching of and research into the development of accounting standards in the United Kingdom. He has published 18 books and numerous articles in both academic and professional journals. His latest publication (co authored with Stephen McNamee) is the second edition of ‘A practical guide to UK and Irish Gaap’ (May 2020) (552pp) published by Chartered Accountants Ireland.