Course Details

Using a practical case study, Lindsay Webber & Claire Thomson will bring participants through the consolidation process for small groups under FRS 102.

In 2018, the Companies Accounting Act 2017 resulted in a lower threshold for consolidation for groups, meaning more Irish companies now being required to prepare consolidated financial statements than before.

Several years on, consolidated financial statements continue to present a unique challenge for practitioners and this webinar will take you through some of the key issues encountered in preparing consolidated accounts. 

The case study will take you, step-by-step, through the process you need to follow to consolidate small groups.

The areas of focus will include

-              Consolidation basics & the requirement to consolidate

-              Practical implications on consolidation

-              Consolidation case study

-              Common errors on consolidation

-              Review of live consolidated accounts

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.

Grant Thornton

Claire Thomson

Claire is a qualified Chartered Accountant with the Institute of Chartered Accountants of Scotland, and trained with Grant Thornton Ireland. She spent 5.5 years in corporate audit, before moving to the firm’s risk & compliance team, where she spent 6 years supporting the all-Ireland practice as their UK financial reporting subject matter expert.

After a year in OmniPro’s Practice Support team, where she delivered webinars, developed technical content and provided post-monitoring support to firms, she has now joined Grant Thornton Northern Ireland, where she is Head of UK Financial Reporting and Accounting Technical, providing UK technical advice and support to local and international offices.