The Classroom option for this course is now full.
Please click here to book the livestreaming option to your home or office.
New Irish Gaap – FRS 100 – 105
For accounting periods commencing after the 1st January 2015 reporting entities in Ireland must apply new Irish Gaap particularly the implementation of FRS 102. Unfortunately, with EU legislation still to be enacted by the Irish government, financial reporting will be even more complicated with the eventual implementation of FRS 102 Section 1A and FRS 105.
This one day course is intended to ensure that delegates are aware of the main differences between old and new Irish Gaap but, in addition, are also mindful of how to switch and reconcile between the two reporting systems.
Delegates will also be brought up to date with the main changes that will be implemented by FRS 102 Section 1A and FRS 105, when finally legislated.
Course Programme
09.30am – 10.15am Introduction to new Irish Gaap
-
Brief introduction to the six new standards and rationale
-
EU Directive on Micros and Small Entities 2013
-
New Reporting Framework from 1st January 2016
-
Key differences between the FRSSE and FRS 102
10.15am – 11.00am Key differences between FRS 102 and local Gaap
11.00am – 11.15am Coffee
11.15am – 12.45pm Key differences between FRS 102 and local Gaap (Cont’d)
12.45pm – 01.30pm Lunch
01.30pm – 03.00pm FRS 102 The transitional rules
-
The basic principles
-
The timetable
-
The four types of adjustments
-
The mandatory and optional exemptions
03.00pm – 03.15pm Tea
03.15pm – 03.30pm FRS 102 The Latest Changes and exemptions
03.45pm – 04.15pm FRS 102 Section 1A
-
Overview of the new standard for smaller entities
04.15pm – 04.45pm FRS 105 The FRS applicable to micro entities
-
Overview of the new standard
04.45pm – 05.00pm FREDs outstanding
-
FRS 103 Insurance contracts
-
FRS 104 Interim Financial Reporting
-
Options
05.00pm End of seminar
Key Course Details
Location: CPA Ireland, 17 Harcourt Street, Dublin 2
CPD Credit: 8 hours
Cost: €215 (non CPA members: 255)