Course overview:

Do you want to improve your audit quality and reduce your risks?

FRS 102 convergence has provided numerous challenges for both organisations in doing the transition and auditors in managing it. This half day course looks at common issues that have been identified with regard to FRS 102 and the risks that it throws up for auditors and exploring what you can do to manage these risks.

The course content is influenced by common themes that have come up from QAD inspection visits along with calls to our technical helpline and experience of issues raised in our extensive FRS 102 training courses.

Learning objectives

• What are the key risk areas under FRS 102
• Where has it gone wrong in the past (themes identified from QAD visits)
• Common issues identified from technical helpline calls
• What can you do to ensure that you manage these risks effectively in the future

Please note, this course is focused on the financial reporting risks and how to manage these rather than an auditing course looking at ISAs.

This course is aimed at financial auditors who work with organisations using UK GAAP reporting standard, primarily those who work in practice firms.