CPDStore Ireland

Mar 07, 10:00

Financial Reporting in 2023 – The Year of Economic Upheaval and Uncertainty

Speaker: Lindsay Webber, Elaine Jackson – OmniPro Practice Support

We are facing a number of uncertainties including potential recession, cost-of-living crisis and climate change. Technology is developing and changing at an incredible pace. How does this ever-changing and unpredictable landscape affect financial statements?

In this session we will look at the impact of economic upheaval and uncertainty on FRS 102 accounts. We will include a review of disclosures in recent financial statements.

The following sections will be covered:
• Section 3 Financial Statement Presentation (with a focus on Going Concern).
• Section 21 Provisions and Contingencies.
• Section 24 Government Grants (with a focus on TBESS).
• Section 32 Events after the End of the Reporting Period.
• Section 27 Impairments.
• Section 13 Inventories.
• Section 33 Related Party Disclosures.

Mar 07, 12:10

Groups and Consolidations

Speaker: Lindsay Webber, Elaine Jackson – OmniPro Practice Support

Using a practical case study, Lindsay Webber & Elaine Jackson 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.