FRS 102 and FRS 105 Training Courses (2 Days)

The FRS 102 and FRS 105 Training Courses offer an in-depth exploration of the key UK GAAP accounting standards shaping SME and micro-entity reporting in the UK and the Republic of Ireland. The FRS 102 Training Course focuses on core financial reporting principles, including asset recognition, measurement, revenue recognition, lease accounting, and disclosure requirements. In contrast, the FRS 105 Training Course provides a simplified reporting framework designed specifically for micro-entities.

This UK GAAP training masterclass emphasises the practical application of FRS 102 and FRS 105. Participants will prepare financial statements and analyse real-world accounting scenarios. They will gain essential insights into the upcoming 2026 changes to FRS 102, including revised approaches to revenue recognition, lease accounting, and financial instruments. The workshop also covers updates to fair value measurement, uncertain tax positions, and business combinations, as well as a revised Conceptual Framework under the extensively updated Section 2.

These developments mark a fundamental shift in SME accounting standards. Finance professionals must understand and prepare for their impact to ensure compliance and maintain high-quality financial reporting.

This FRS 102 and FRS 105 Training Course provides the clarity and confidence professionals need to implement new requirements accurately. Participants will gain the expertise to produce compliant, transparent financial statements that strengthen stakeholder trust and uphold regulatory standards.