We have to report financial statements in a different way soon. FRS 102/105. Most of my clients will be micro entities but there will be a need to report more substantial financial statements under FRS102 1(a) (I think it is)
How can get training on this? My normal training provider is not offering a course telling me the differences. e.g. disclosure/what should and shouldn't be recognised.
Has anyone actually attended a course that they can recommend?
Thanks
Replies (2)
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Few
Been on a few with Mercia. They started about a year ago so you're already well behind if you've done nowt at all.
Recommend ? Well, they're pretty dull but sometimes you just need to know dull stuff.
I thought I'd be using FRS105 mostly but I'm having second thoughts. They're so Noddy-does-accounts that I suspect I'm going to have to augment them with something more helpful every time a client visits the bank. It may be just worthwhile doing FRS 102 in the first place.
I dare say I'll judge it client by client.