Course Overview

A number of problems arise when companies have to migrate from the micro regime of reporting under FRS 105 to the smaller entity regime inn FRS 102 Section 1A or even full FRS 102. It is important that accountants are aware of the main differences between the two standards as there are no transitional arrangements when switching from one regime to another. The key differences discussed on this online CPD course are:

  • Investment property;
  • Property, plant and equipment;
  • Intangible assets;
  • Development and borrowing costs;
  • Trade and asset acquisition;
  • Financial instruments;
  • Equity settled share based payment;
  • Forward foreign exchange contracts;
  • Deferred tax;
  • Defined benefit pension plans;
  • Government grants;
  • Live example of ROI and NI micro disclosure.


In addition this course will also cover the most recent changes to FRS 102 on interest rate reform, multi employer pension schemes and rent concessions under Covid 19.

      CDP Course Facilitator:

      Robert Kirk

      Robert Kirk BSc (Econ) FCA CPA trained in Belfast with Price Waterhouse & Co, and subsequently spent two years in industry in a subsidiary of Shell (UK) and four further years in practice. He is currently Professor of Financial Reporting in the School of Accounting at the University of Ulster and has been lecturing on the CIMA Mastercourses Accounting Standards and Accounting Standards in Depth since 1985. He has authored four editions of Accounting Standards in Depth; UK Accounting Standards: A Quick Reference Guide; and International Reporting Standards in Depth Volume 1 Theory and Practice and Volume 2 Solutions.