FAAS Financial Reporting Training

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1 EY Assurance Tax Transactions Advisory Instructor profile Claire Dean is a Director in EY s UK Financial Accounting Advisory Services team where she is responsible for providing IFRS and UK GAAP training to the firm s clients. Claire is an experienced professional trainer known for her energy and clarity in delivering technical training. She will be joined on the courses by local specialists. About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Course fees EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. One day courses VAT Ernst & Young LLP Introduction to IFRS/ FRS VAT The UK firm Ernst & Young LLP is a limited liability partnership registered in England and Wales with registered number OC and is a member firm of Ernst & Young Global Limited. Any two 1-day courses VAT Fifth place free for group bookings Ernst & Young LLP, 1 More London Place, London, SE1 2AF. Prices are per attendee and include all course material and refreshments 2015 Ernst & Young LLP. Published in the UK. All Rights Reserved. ED None indd (UK) 02/15. Artwork by Creative Services Group Design. CPD/CPE credits Our training courses have 6 hours a day of technical knowledge-based content that may contribute towards your CPD/ US CPE accreditation, however this is subject to the approval of the local board/ body with which you hold your licence In line with EY s commitment to minimise its impact on the environment, this document has been printed on paper with a high recycled content. Information in this publication is intended to provide only a general outline of the subjects covered. It should neither be regarded as comprehensive nor sufficient for making decisions, nor should it be used in place of professional advice. Ernst & Young LLP accepts no responsibility for any loss arising from any action taken or not taken by anyone using this material. Contacts For any course queries or to discuss your booking, please eytrainingcourses@uk.ey.com. For any other IFRS/ Future of UK GAAP services, including decision making workshops and conversion assistance, your local Financial Accounting Advisory Services contacts are: Andrew Davies FAAS London Rebecca Farmer FAAS South Suzanne Robinson FAAS North T: E: adavies2@uk.ey.com T: E: rfarmer@uk.ey.com T: E: srobinson@uk.ey.com ey.com/uk FAAS Financial Reporting Training Public Programme Spring 2015

2 Future of UK GAAP The most significant change to UK GAAP in decades arrives this year. Ensuring you have a practical, real-world knowledge of the crucial elements of your new GAAP will help facilitate a smoother and more cost effective transition. The classroom-based courses below have been designed to provide an in-depth understanding of the new requirements and to share in EY s extensive knowledge and experience. FRS 102: key requirements and GAAP differences This one day course reviews the new terminology, reporting requirements and financial statement formats of FRS 102 and is designed for those preparing for its compulsory implementation this year. The transition process requires a detailed understanding of the reporting requirements to ensure that the identification of GAAP differences is complete and the adjustments are correctly calculated. This course shares EY s extensive experience of transition projects to provide practical insight, and an appreciation of the interpretation difficulties when implementing the requirements, alongside delivery of the technical requirements. The day focuses on the key differences compared to current UK GAAP reporting requirements and the main areas of challenge. Illustrations and exercises are used to guide participants through the new requirements and participants are encouraged to ask questions to maximise relevance and understanding. 21 April EY Edinburgh 22 April EY Aberdeen 24 April EY Reading 5 May EY Newcastle 6 May EY Leeds 11 May 18 May EY Glasgow 19 May EY Manchester Testimonials Selection of feedback from our 2014 courses: The course was really focussed and clear. It had great technical content and worked examples. Financial Analyst, Major Whiskey Distiller

3 Introduction to IFRS/FRS 101 This two day course provides an introduction to the core International Financial Reporting Standards and is designed for those who are considering adopting full IFRS or FRS 101 as a result of the replacement of UK GAAP. Each of the key standards affecting the preparation and presentation of financial standards will be examined and, through the use of illustrative financial statements and examples, delegates will leave with a working knowledge of IFRS and its differences compared to current UK GAAP. FRS 101 is part of the new UK framework and offers reduced disclosures for qualifying entities applying IFRS. The course will discuss who is eligible and provides a thorough review of the implications of its adoption. 30 April 1 May 7 8 May EY Reading FRS 101/FRS 102: first-time adoption This practical one day course follows on from the two courses above and reviews the first-time adoption requirements, including preparation of the opening balance sheet, restatement of comparatives and understanding the numerous exemptions and exceptions to retrospective application. Disclosure requirements in the first set of new GAAP financial statements, including the reconciliations note, will be explained. A suggested project plan will be outlined, together with the pitfalls to avoid and the documentation expectations of your auditor. The afternoon comprises a detailed case study on first-time adoption, to determine appropriate accounting and tax treatments on transition, identify relevant and beneficial exemptions, calculate and record adjustments, and prepare the reconciliations notes. 23 April EY Aberdeen 20 May EY Reading 4 June 8 June EY Leeds 16 June EY Manchester 18 June EY Edinburgh 19 June EY Glasgow 26 June EY Newcastle Claire is an amazing presenter. I thoroughly enjoyed the course and the way it flowed. Group Accountant, Multinational Packaging Company

4 International Financial Reporting Standards The demands on accountants to remain technically up-to-date on international financial reporting matters have increased over recent years due to the issue of increasingly complex pronouncements. The course below offers the busy accountant a time efficient way to update their knowledge and to stay ahead. The classroom-based events provide detailed coverage of the topics, with examples and illustrations to bring the material to life. IFRS annual update This one day course provides a detailed understanding of the new core IASB pronouncements effective over the past year, or in the near future. There will also be an overview of the more minor amendments to existing standards, including the improvements projects. The main focus of the course will be to consider the technical requirements and practical issues in applying IFRSs 10, 11 and 12, which for EU entities became effective for reporting from YE 31 December 2014, and the new standards on revenue (IFRS 15), financial instruments (IFRS 9) and leases which become effective in The course will help you identify the reporting impact for your organisation, and consider the data gathering and systems changes required in order to prepare for their implementation. 17 June Registration To request a booking form please eytrainingcourses@uk.ey.com Great course. It was clear that the presenter had a lot of experience and very in-depth knowledge. Head of Financial Reporting, Global Telecommunications Company

5 EY Assurance Tax Transactions Advisory Instructor profile Claire Dean is a Director in EY s UK Financial Accounting Advisory Services team where she is responsible for providing IFRS and UK GAAP training to the firm s clients. Claire is an experienced professional trainer known for her energy and clarity in delivering technical training. She will be joined on the courses by local specialists. About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Course fees EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. One day courses VAT Ernst & Young LLP Introduction to IFRS/ FRS VAT The UK firm Ernst & Young LLP is a limited liability partnership registered in England and Wales with registered number OC and is a member firm of Ernst & Young Global Limited. Any two 1-day courses VAT Fifth place free for group bookings Ernst & Young LLP, 1 More London Place, London, SE1 2AF. Prices are per attendee and include all course material and refreshments 2015 Ernst & Young LLP. Published in the UK. All Rights Reserved. ED None indd (UK) 02/15. Artwork by Creative Services Group Design. CPD/CPE credits Our training courses have 6 hours a day of technical knowledge-based content that may contribute towards your CPD/ US CPE accreditation, however this is subject to the approval of the local board/ body with which you hold your licence In line with EY s commitment to minimise its impact on the environment, this document has been printed on paper with a high recycled content. Information in this publication is intended to provide only a general outline of the subjects covered. It should neither be regarded as comprehensive nor sufficient for making decisions, nor should it be used in place of professional advice. Ernst & Young LLP accepts no responsibility for any loss arising from any action taken or not taken by anyone using this material. Contacts For any course queries or to discuss your booking, please eytrainingcourses@uk.ey.com. For any other IFRS/ Future of UK GAAP services, including decision making workshops and conversion assistance, your local Financial Accounting Advisory Services contacts are: Andrew Davies FAAS London Rebecca Farmer FAAS South Suzanne Robinson FAAS North T: E: adavies2@uk.ey.com T: E: rfarmer@uk.ey.com T: E: srobinson@uk.ey.com ey.com/uk FAAS Financial Reporting Training Public Programme Spring 2015

6 EY Assurance Tax Transactions Advisory Instructor profile Claire Dean is a Director in EY s UK Financial Accounting Advisory Services team where she is responsible for providing IFRS and UK GAAP training to the firm s clients. Claire is an experienced professional trainer known for her energy and clarity in delivering technical training. She will be joined on the courses by local specialists. About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. Course fees EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com. One day courses VAT Ernst & Young LLP Introduction to IFRS/ FRS VAT The UK firm Ernst & Young LLP is a limited liability partnership registered in England and Wales with registered number OC and is a member firm of Ernst & Young Global Limited. Any two 1-day courses VAT Fifth place free for group bookings Ernst & Young LLP, 1 More London Place, London, SE1 2AF. Prices are per attendee and include all course material and refreshments 2015 Ernst & Young LLP. Published in the UK. All Rights Reserved. ED None indd (UK) 02/15. Artwork by Creative Services Group Design. CPD/CPE credits Our training courses have 6 hours a day of technical knowledge-based content that may contribute towards your CPD/ US CPE accreditation, however this is subject to the approval of the local board/ body with which you hold your licence In line with EY s commitment to minimise its impact on the environment, this document has been printed on paper with a high recycled content. Information in this publication is intended to provide only a general outline of the subjects covered. It should neither be regarded as comprehensive nor sufficient for making decisions, nor should it be used in place of professional advice. Ernst & Young LLP accepts no responsibility for any loss arising from any action taken or not taken by anyone using this material. Contacts For any course queries or to discuss your booking, please eytrainingcourses@uk.ey.com. For any other IFRS/ Future of UK GAAP services, including decision making workshops and conversion assistance, your local Financial Accounting Advisory Services contacts are: Andrew Davies FAAS London Rebecca Farmer FAAS South Suzanne Robinson FAAS North T: E: adavies2@uk.ey.com T: E: rfarmer@uk.ey.com T: E: srobinson@uk.ey.com ey.com/uk FAAS Financial Reporting Training Public Programme Spring 2015