FRS 102 v/s IFRS: The Differences 1 Credit
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Sep 02, 2024 | 02:30 PM
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Explore the distinctions between FRS 102 and IFRS in this concise, one-hour webinar. Gain an in-depth comparison of local UK and Irish GAAP under FRS 102 versus complete International Financial Reporting Standards (IFRS). Understanding these differences is crucial for accurate and compliant financial statements when navigating local or international financial reporting.
Dive into the main differences between FRS 102 and IFRS and explore critical factors to consider before adopting a particular framework. Our interactive webinar will equip you with a comprehensive understanding of the accounting frameworks available in the UK and Ireland. It will guide you through the various options for applying for FRS 102. You'll gain valuable insights into the distinct features of each framework and learn to make informed decisions on the most appropriate standard for your needs.
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This webinar is ideal for finance professionals, accountants, auditors, and anyone involved in financial reporting and compliance in local and international contexts. Whether you're a CFO, accountant, or auditor, it will enhance your knowledge of local and global financial reporting standards and provide the tools you need to excel in your role. Register now to build a solid foundation in FRS 102 and IFRS.
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After graduating with a second class first division honours degree in Economics from Queens University, Belfast in 1972 Robert trained as an Irish Chartered Accountant with Price Waterhouse, qualifying in first place in his final examinations in 1975. Subsequently he was employed as the Financial Controller of ICB, a subsidiary of Shell (UK) and as a personal assistant to the partners in James Baird & Co (now part of PricewaterhouseCoopers). In 1981 he was appointed a Director of Business and Accounting Training in Dublin where he embarked on his academic career, teaching mainly on the professional examination courses for ICAI, CPA, CIMA and ACCA in Belfast and Dublin. In 1985 he joined Queens University as a full time lecturer and moved to the Ulster University in 1992 as a Senior Lecturer. In 1994 he was appointed to the Chair in Financial Reporting at Ulster.
Robert specialises in the teaching of and research into the development of accounting standards in the United Kingdom. He has published 18 books and numerous articles in both academic and professional journals. Three of his publications are currently core textbooks for two of the main professional accounting bodies in the United Kingdom. His publications include IFRS:A Quick Reference Guide (October 2008), a fourth edition of Accounting Standards in Depth (January 2003), UK Accounting Standards: A Quick Reference Guide (December 2004) and the first edition of Topical Issues in Financial Reporting, all published by the Chartered Institute of Management Accountants and Elsevier. He has written International Financial Reporting Standards in Depth which was published by Elsevier/CIMA Publishing in July 2005. This has been translated into Russian. He co-authored A Case Study Approach to International Financial Reporting Standards published by The Institute of Certified Public Accountants in Ireland. He was also the editor and main author of the university's quarterly publication "Irish Company Reporting" (1992-2001) which outlined current practice throughout the island of Ireland using a 150 company database. This was grant aided by the Irish Accountancy Educational Trust.
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To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.
After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.
We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
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We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.
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