Although new UK GAAP is now well established, it still creates a range of problems in relation to accounting and disclosure. This course will highlight a range of such problems and provide practical advice on how to resolve them.

Topics covered will include: 

• Eligibility criteria and how to apply them in practice
• Making the case for FRS 105
• Accounting for fixed assets and investment properties
• Financial instruments – common accounting issues for SMEs
• Identifying and correcting errors in financial statements
• Revenue recognition
• Common disclosure issues when applying FRS 102 section 1A

After qualifying in 1993, Peter spent a number of years in industry and now spends much of his time delivering training courses on aspects of financial reporting, auditing, company law and practice regulation, principally to accountants working in professional practice and in industry. When not training, Peter spends much of his time carrying out audit file reviews and practice assurance reviews for firms of accountants and advising them on issues of financial reporting and audit methodology. This allows him to bring a practical insight to the courses and lectures that he delivers.