FRS 102 (1A) and FRS 105- Common Issues for Small and Micro-Entities

The withdrawal of the FRSSE has meant that small and micro-entities have different accounting treatment and disclosures. This course considers common issues arising from the adoption of FRS 102 (1A) and FRS 105 including the differences in accounting treatment and disclosure requirements.

Content is likely to include:

• Differences in accounting treatment between FRS 102 (1A) and FRS 105 - including tangible assets, intangible assets and financial instruments
• Filing issues and abridged/filleted accounts
• Directors and related party transactions - disclosure issues, dividends and remuneration
• Other disclosure issues and differences between FRS 102 (1A) and FRS 105
• Is micro-entity accounting useful?
• Changing between small and micro-entity accounting
• Recent and pending changes