CPDStore

10:00 - 12:10

Companies House Updates and Financial Reporting for Charities

Speakers: Lindsay Webber, Lungi Sepotokele - OmniPro

The regulatory landscape for UK financial reporting is evolving significantly. This session addresses critical updates for charities and explores how the Economic Crime and Corporate Transparency Act 2023 is reshaping company reporting obligations.

Charities SORP Updates: Understand the new charity size tiers and what they mean for your reporting obligations. The Trustees' Report requirements have been enhanced - learn what must now be disclosed and how to present it effectively. We'll also cover how recent FRS 102 changes flow through to charity accounting, ensuring your charity clients remain compliant.

Companies House Changes: In this section we focus on the expected changes to the strategic report and directors report as well as the new powers that the Companies House has to query and reject accounts. We will also cover the updated company size thresholds.

In this session, the following topics will be covered:

Changes to the Charities SORP
• Charity size tiers
• Trustees Report
• FRS 102 changes

Companies House Changes
• Upcoming changes to filing requirements
• Companies House powers
• Companies size thresholds

By attending the session, you will be better placed to advise and support your charity and CBI-regulated clients.

This session will be of most interest to Practitioners with charity clients and CBI regulated clients

Course level: Advanced

12:10 - 13:50

Complex Transactions and Disclosure Requirements

Speakers: Lindsay Webber, Lungi Sepotokele - OmniPro

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 session, the following topics will be covered:

• Group Accounting and consolidation
• Business combinations and goodwill
• Related party transactions
• Fair value measurement
• Going concern assessment and disclosure

By attending the session you will be better placed to advise and support your clients on the more complex financial reporting challenges.

This session will be of most interest to Preparers of financial statements.

Course level: Advanced