The Irish Financial Reporting Conference – Premium Toolkit Members
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The Irish Financial Reporting Conference
25th February 2016
Crowne Plaza, Dublin Airport (Santry)
The Irish Financial Reporting Conference is a multi-stream event bringing together Ireland’s leading Financial Reporting, Auditing, Company Law and Tax experts. This event represents the most extensive and comprehensive Financial Reporting Conference to ever be run in Ireland.
The new Financial Reporting Regime is now in full effect and it will have an impact on every Irish Accountant from Sole Practitioners to larger Multi-Partner Firms. While your accounting package will deal with the format of the accounts it is still the accountants responsibility to identify the required transition adjustments and correctly apply then.
Even if there are no adjustments, the transition process must be applied to identify and rule out potential adjustment areas. Irrespective of adjustments, your FRS 102 Financial Statements will change. You need to know what these changes are.
While FRS 102 will ultimately simplify financial reporting using the Small Entity Provisions under S1 (A) of the Standard, in the meantime there are a myriad of changes to consider like Deferred Tax, Cashflows, Financial Instruments, Statements of Change in Equity, Intangible Assets, Revenue and Employee Benefits.
The FRS 102 Financial Reporting Conference brings you all the way from the theory of the standard to the practical realities you will face during Transition and beyond. This is real-world accounting targeted specifically at SME Practitioners and their clients.
Time |
The Irish Financial Reporting Conference Schedule | ||
09:15
– 09:30 |
Introduction with Des O’Neill |
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09:30
– 10:00 |
FRS Overview with Robert Kirk |
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10:00
– 10:15 |
Round Table Expert Opinion |
||
10:15
– 11:00 |
Charities SORP & FRS 102 |
FRS 102 Meets CA 2014 |
The Transition Process |
Robert Kirk – |
Des O’Neill – OmniPro |
Garret Wynne & John Murphy – OmniPro | |
11:00 – 11:20 |
Tea & Coffee Break |
||
11:20
– 12:10 |
Tax & FRS 102 |
Cashflows |
Simple Case Study |
Paul Murphy – Martin J Kelly & Co |
Des O’Neill & John Murphy – OmniPro | Garret Wynne – OmniPro | |
12:10
– 13:00 |
Deferred Tax Round Table |
Balance Sheets |
7 Most Common Transition Adjustments |
Paul Murphy, John Murphy & Christy Kearney | Robert Kirk – University of Ulster |
Des O’Neill – OmniPro | |
13:00 – 13:45 |
Lunch |
||
13:45
– 14:30 |
Directors & Related Party Transaction |
Financial Instruments |
Complex Case Study |
David O’Connor |
Christy Kearney | ||
14:30
– 15:30 |
The Audit Implications of FRS 102 |
Liabilities, Equity and Revenue |
Garret Wynne & John Murphy – OmniPro |
David O’Connor & Des O’Neill – OmniPro |
Christy Kearney | ||
15:30 – 15:45 |
Tea & Coffee Break |
||
15:45
– 17:00 |
Practical Adjustments |
FRSSE & FRS 105 |
Case Study |
Garret Wynne & John Murphy | Des O’Neill & David O’Connor – OmniPro | Christy Kearney | |
17:00
– 17:30 |
OmniPro Round Table Q & A |