The current economic environment in both the UK and across the world continues to present challenges for preparers of financial statements. This session will cover some of the key matters that preparers should take into consideration as they prepare financial statements in 2022. The session will also benefit reviewers and auditors of financial statements, looking at some of the more complex and evolving areas of financial reporting.
The content will cover some of the key considerations for financial statement preparation in 2022. In this session Lindsay Webber and Claire Thomson will cover the following:
- Accounting for climate change and sustainability
- Significant judgements and key accounting estimates for FY2021
- Consolidated accounts – common problem areas
- Narrative Reporting – key considerations from company law
Each of the above topics will include sample disclosures from live financial statements.
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. Altogether, she has over six years external audit experience along with over six years academic experience specialising in Audit and Financial Accounting. 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 and graduated with distinction from the MBA course at Trinity College Dublin. She is currently working towards a Diploma in Forensic Accounting through Chartered Accountants Ireland.
After a year in OmniPro’s Practice Support team, where she delivered webinars, developed technical content and provided post-monitoring support to firms, she has now joined Grant Thornton Northern Ireland, where she is Head of UK Financial Reporting and Accounting Technical, providing UK technical advice and support to local and international offices.