Complex Transactions and Disclosure Requirements (Mar 26)
Category: Financial Reporting | Duration: 2hrs | Tag: VODFRCOUK26D2S2 | Type: Video | Course Level: Advanced | Speaker: Lindsay Webber | Date: 05/03/2026 12:10
Course Details
This advanced session tackles the technical issues that experienced practitioners encounter when dealing with sophisticated business structures and transactions.
Group accounting remains one of the most challenging areas of financial reporting. We'll examine control assessment under FRS 102, explore when exemptions from consolidation apply, and identify the common errors that undermine group accounts quality. Business combinations bring their own complexity - learn how to apply acquisition accounting correctly, recognize intangible assets appropriately, and perform robust goodwill impairment testing.
Related party transactions are an area of persistent regulatory concern and frequent omission. Gain clarity on who is a related party, what must be disclosed, and how to ensure nothing slips through the cracks. Fair value measurement underpins many FRS 102 requirements - understand the hierarchy of inputs, when valuation experts are needed, and the distinction between required and permitted fair value accounting.
Finally, going concern assessment has never been more critical. Post-pandemic, in an era of cost pressures and economic uncertainty, we'll examine how to perform a robust going concern assessment, when material uncertainties must be disclosed, and how to communicate effectively with directors and stakeholders.
In this course, Lindsay Webber and Lungi Sepotokele cover the following topics:
- Group Accounting and consolidation
- Business combinations and goodwill
- Related party transactions
- Fair value measurement
- Going concern assessment and disclosure
CPD Course Speaker
OmniPro Strategic Solutions
Lindsay Webber
As a head of Strategic Solutions at OmniPro, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training and technical assistance in audit and financial reporting.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.