CPDStore

10:00 - 11:40

Shareholders’ Unanimous, Informal Consent - How Duomatic Developments Can Protect Your Clients

Speaker: David Impey – Company Law Solicitor

Accountants advising private companies will benefit from this review of the Duomatic Principle – the principle in the Duomatic case that says members of a company who would have been entitled to vote on a decision at a shareholders’ general meeting can informally, unanimously agree that decision, and that’s as valid as if it had been made at a meeting. But the Duomatic Principle isn’t as simple as it sounds – there are conditions and exceptions, and the principle has evolved in some surprising ways in recent cases, that can catch clients – and their advisers – out. This session will help practitioners advise their clients when the Duomatic Principle can rescue them from the consequences of a failure to hold a shareholders’ meeting or to observe company law formalities – and when it can’t.

In this session David Impey will cover the following topics:

• Overview of what the Duomatic Principle says
• What the Duomatic case actually decided – the full picture
• Common situations where the Principle rescues clients from disputes over shareholder decisions
• Exceptions when the Duomatic Principle can’t help clients
• Conditions to satisfy before Duomatic consent to be effective
• How the Principle is evolving -and some surprising case law

By attending this session, you will learn about when and whether the application – or otherwise – of the Duomatic Principle, can help clients avoid disputes about whether shareholder decisions have actually been made and are lawfully valid.

This session will be of most interest to accountant’s in private practice and in-house who advise private limited companies; company directors and owners.

Course level: Foundation / Intermediate / Advanced

12:00 – 13:40

HMRC's New AML Manual - The Focus for Accountants

Speaker: David Winch – MLRO Support Ltd

In July of this year HMRC published a new manual of Anti-money laundering guidance for supervised businesses. It runs to over 100,000 words, if you print it all there are over 500 pages and it contains the word ‘must’ over 1,000 times. But what in this guidance should accountants, bookkeepers, tax advisers and TCSPs focus on – and why does any of this matter for firms supervised for AML by one of the professional bodies?

In this session David Winch will cover the following topics:

• An overview of the new guidance
• New law or new expectations for compliance?
• The guidance for all HMRC supervised businesses
• Guidance specifically for ASPs and TCSPs
• Practical implications

By attending this session, attendees will get a grip on the new guidance without having to study the manual and will obtain an understanding of how this affects their own firm.

The session will be of most interest to accountants, bookkeepers, tax advisers, auditors and TCSPs particularly those acting for UK owner-managed companies.

Course level: Need to know

14:30 – 16:10

Financial Reporting: Preparing for 2027

Speaker: Lindsay Webber - OmniPro Strategic Solutions

With FRS 102 amendments effective for accounting periods beginning on or after 1 January 2026, the 2027 reporting season will bring significant changes for UK entities. The revised requirements for leasing and revenue recognition represent the most substantial changes to UK GAAP in over a decade, and alongside ongoing Companies House reform and updates to FRS 101, there is a lot for practitioners to get across before year end. This session brings together all the key developments, giving you and your clients a clear head start on 2027.

In this session Lindsay Webber will cover the following topics:

• FRS 102 Section 20: the new leasing model and on-balance sheet recognition
• FRS 102 Section 23: revised revenue recognition and the five-step model
• Transition options, practical expedients and key implementation decisions
• Companies House reform: latest updates and what they mean for UK businesses
• FRS 101 updates and their impact on qualifying entities

By attending this session, you will have a clear understanding of the key financial reporting changes taking effect for 2027 and be better placed to advise clients and prepare compliant financial statements under the revised standards.

This session will be of particular interest to accountants and financial controllers advising UK entities.

Course Level: Need to Know