FRS 102: Investment Property and Valuations (Aug 24)
Category: Financial Reporting | Duration: 1hr | Tag: VODIRE2453 | Type: Video | Course Level: Advanced | Speaker: Lindsay Webber | Date: 15/08/2024 11:30
Course Details
Investment properties are an interesting are of the financial reporting process as these properties have to be accounted for at the fair value at each reporting date. This has implications on the profit and loss as well as deferred tax and what initially looks like a straight forward set of journal entries can become quite complicated. In this course we discuss investment properties, the valuation process and provide practical examples and workings.
Lindsay Webber covers the following topics during this course:
- What is an investment property
- Accounting treatment of investment properties under FRS 102 and FRS 105
- Fair value considerations
- Deferred tax considerations
- Disclosure requirements for full FRS 102, Section 1 A and FRS 105
CPD Course Speaker
OmniPro
Lindsay Webber
As a member of our Practice Support team, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training, technical assistance, and file reviews.
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. Altogether, she has over six years external audit experience along with over six years academic experience specialising in Audit and Financial Accounting. 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 and graduated with distinction from the MBA course at Trinity College Dublin. She is currently working towards a Diploma in Forensic Accounting through 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. Altogether, she has over six years external audit experience along with over six years academic experience specialising in Audit and Financial Accounting. 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 and graduated with distinction from the MBA course at Trinity College Dublin. She is currently working towards a Diploma in Forensic Accounting through Chartered Accountants Ireland.