Accountancy Update and Topical Issues

The aim of this course is to update delegates on recent accounting changes and current issues. Significant issues have arisen due to COVID-19 and Brexit. The course will look at these and other issues.

Content will include:

• COVID-19: Accounting issues (including going concern, impairment, onerous contracts, restructuring provisions, breaches of covenants, grants, insurance claims and frauds)
• Corporate Insolvency and Governance Act 2020
• Recent and forthcoming changes to UK GAAP (including Rent concessions)
• Post-Brexit guidance – issues for periods commencing 1/1/2021
• FRC’s reviews (including corporate reporting, cash flow statements, carbon reporting and climate change)
• Overview of changes to IFRSs and the FRC reviews of IFRS 15/16
• Recent relevant company law cases
• Other topical issues (including insolvency issues, wrongful trading, legality of dividends and LLPs with losses)
• General practice matters

The above content relates to 2021 events only.