Programme Objective

The seminar provides guidance focusing on FRS 1 and FRS 10.

The seminar also examines the practical issues and common pitfalls when preparing financial statements.
 

Programme Outline

1. FRS 1 Presentation of Financial Statements

• Fair presentation and compliance with FRSs
• Going concern
• Materiality, aggregation and offsetting
• Comparative information
• Consistency of preparation

2.    Structure and contents of financial statements

• Transaction with shareholders 
• Disclosure of accounting policies
• Capital disclosure

3.    FRS 10 Events after the Reporting Period

• Adjusting events
• Non-adjusting events
• Treatment of dividends
• Going concern

4.    Discuss common errors noted in financial statements and includes examples of presentation and disclosure

Learning Outcomes
 

• Understanding of FRS 1 and FRS 10.

Training Methodology

Lecture style Lecture style with practical illustrations and interactive discussion   

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Professional Accountants who are involved in the preparation of financial statements

Programme Facilitator(s)