Course Details

Going concern, related parties, changes in accounting policies and prior year adjustments are routine matters in financial reporting, but they're areas where errors and omissions can significantly impact your clients' accounts and your own professional standing. This webinar covers the key technical requirements and practical application of each, so you can advise your SME clients with confidence.


In this session Lindsay Webber will cover the following topics:

  • Going concern assessment and disclosure requirements
  • Related party transactions: identification, valuation, and disclosure
  • Changes in accounting policies: when they apply and how to account for them
  • Prior year adjustments: correction of errors and restatements
  • Practical application for SME reporting frameworks

 

By attending this session, you will understand the technical requirements for each of these four topics and be able to apply them confidently when preparing or reviewing financial statements for SME clients.

 

This session will be of particular interest to accountants and financial controllers advising SME clients.

Course Level: Intermediate

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.