Reporting on Going Concern under FRS 102 and FRS 105 (Sep 25)
Category: Financial Reporting | Duration: 1hr | Tag: VODSEFEIE25D2S4 | Type: Video | Course Level: Foundation | Speaker: Lindsay Webber | Date: 03/09/2025 13:30
Course Details
Going concern is the basis for most sets of financial statements. It is a very topical issue with a huge impact on each set of financial statements we produce. In this session Lindsay will look at the requirements under FRS 102 and FRS 105 relating to using going concern as the basis for financial statement preparation and related disclosures. The course includes a review of real-life financial statements and discussion of documentation and communication with clients regarding the going concern assumption.
Lindsay Webber covers the following topics during this course:
- Going concern under FRS 102
- Definitions and decisions
- Disclosures
- Going concern under FRS 105
- Review of real-life financial statements
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.