Group Reporting Under FRS 102 (Apr 26)
Category: Financial Reporting | Duration: 1hr | Tag: VODIRE2621 | Type: Video | Course Level: Intermediate | Speaker: Robert Kirk | Date: 09/04/2026 10:00
Course Details
This short course covers the main issues that need to be considered when preparing group financial statements under FRS 102. In particular it will concentrate on the two main sections dealing with the topic in FRS 102 – Section 9 Consolidated and separate financial statements and Section 19 Business combinations. The session will be particularly important for those accountants in Ireland that are involved in either the preparation of group accounts or in advising clients on how to comply with the specific sections in FRS 102 on group reporting. The latest changes to Business combinations due to be applied from 1st January 2026 are covered.
In this presentation Professor Robert Kirk covers the following topics:
- The definition of a parent including SPEs
- The requirement to present consolidated financial statements
- What are Special Purpose Entities (SPEs)
- The procedures in consolidating group entities
- Acquisition and disposal of subsidiaries
- Accounting for non-controlling interests
- Disclosures
- Definition of a business combination
- Application of the purchase (acquisition) method of accounting
- Contingent liabilities, goodwill and negative goodwill
- Disclosure – business combinations
- Amendments from March 2024 applicable from January 2026
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.
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.