Are you confident in the complex areas of FRS102 and fully understand the legal implications?
Cited by the Financial Reporting Council as the most significant change in financial reporting in a generation, the impact FRS102 will h ave many companies financial statements must not be underestimated.
One of the most significant areas of change relates to financial instruments. Up until the introduction of FRS102, many reporting entities did not bring derivatives onto their balance sheet. FRS102 changes the way in which financial instruments are accounted for and instruments such as derivatives are now brought onto the balance sheet.
Companies and their professional advisors must prepare for the changes to FRS102 to avoid any unpleasant surprises, this and more will be explored in detail at an event hosted by the ICAEW and featuring berg’s Alison Loveday and Steve Collings of Leavitt Walmsley Associates Ltd.
The half-day session hosted at Lancashire County Cricket Club will examine the fundamental differences within FRS102 as well as outlining some of the legal issues that need to be considered.
To find out more and reserve your place click here.
To find out more about this and other events in our programme, get in touch with Natalie Asprey or call +44 (0) 161 829 2599.
The information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by berg or any of its partners or employees. Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of this article.