Recorded 9th October 2020.

CPD Hours: 8

9. 30 - 1pm PRSI & Tax Update

• PRSI liabilities and exemptions
• Welfare legislation that significantly affects your clients
• Executive Directors PRSI liabilities
• Benefits and Pension available to the Self-Employed
• Advising clients on when it is beneficial to pay Voluntary contributions
• Advice for clients on all aspects of qualification to Welfare schemes with particular emphasis on qualifying for the State Pension Contributory

• Update on recent Government decisions on the State Pension Contributory
• Ensuring clients are not exposed to future Welfare over-payments
• Advising clients who are billed for Welfare over-payments
• Representing your client when seeking a formal decision from Welfare
• Representing your client at an Oral Appeal Hearing
• Extended period of Q&A

2pm - 4.30pm Financial Reporting Update

FRC’s triennial amendments applicable to financial periods commencing on or after 1 January 2019

• Investment property valuation options
• Directors’ loans
• Removal of undue cost or effort exemptions
• Intangibles acquired as part of a business combination
• Statement of cash flows
• Small Company Regime
• Micro Company Regime

Accounting for coronavirus

• Events after the end of the reporting period
• Going concern
• Provisions and contingencies
• Government grants
• Revenue recognition