Course description
This is a highly practical and interactive live broadcast, which will hopefully be timely and very helpful as we all try to decide how recent events, including the COVID 19 pandemic, are reflected in statutory accounts.
This session will look at all the current hot topics but will mainly concentrate on the key current issues for SMEs and owner-managed businesses.
Join presenter David Potts as he discusses narrative reporting considerations and valuation issues, such as impairment provisions on property, plant and equipment, valuation of assets at year-end, and corporation tax provisions due and receivable from HMRC. Practical issues such as Companies House concessions for late filing will also be explored, plus much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This is a highly practical and interactive live broadcast, which will hopefully be timely and very helpful as we all try to decide how recent key events, including the COVID 19 pandemic, are reflected in statutory accounts.
This session will look at all the current hot topics but will mainly concentrate on the key current issues for SMEs and owner-managed businesses.
What You Will Learn
This live and interactive session will cover the following:
- Narrative Reporting Considerations
- Comments to make in strategic reports, if any, and other front-end disclosures such as future plans and prospects
- Going concern disclosures and assessment of material uncertainties
- Other larger company issues such as engagement with employees and policy regarding ‘furloughed’ employees
- Valuation Issues
- Impairment provisions on property, plant and equipment
- Valuation of assets at year end - especially March and April 2020 year ends
- Any specific liability provisions or contingent liabilities to be provided for - recognition of such costs if before lockdown announced
- Review of any discounted cash flow calculations to review interest rates being used
- Corporation tax provisions and grants due and receivable from HMRC
- Practical Issues
- Companies House concessions for late filing
- Approval of accounts if employees are not in the UK
- Audit of significant components of a group - can all appropriate evidence still be obtained?
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...