Institute of Chartered Accountants of England and Wales
FRS 102 was the most significant change to UK GAAP in a generation. This impacted significantly on the Charity sector with initially two new SORPS being issued. These have now consolidated into one SORP.
This course explains what the big deal was all about! And is designed for those who were not necessarily involved with the transition process, or aren’t involved in financial reporting on a daily basis or are relatively new to the charity sector, and who are looking to increase their confidence in dealing with technical accounting areas.
In it you will explore the main areas of the new SORP (FRS102) in a practical and interactive way to ensure that you not only understand the accounting, but appreciate both the commercial impacts and key risk areas for your organisation.
- An overview of the regulatory framework
- An overview of key balance sheet and SOFA areas
- An overview of other areas such as leases and cash flow statement
Who is this course for?
Finance professionals within the charity sector.
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