Course Overview

Using a practical case study, this online CPD Course will bring participants through the consolidation process for small groups under FRS 102.

Why you should attend

Under the Companies Accounting Act 2017, the threshold for small group consolidation was significantly lowered, resulting in many more Irish companies now requiring consolidation than previously under the Companies Act 2014.

How you will benefit

The case study will take you, step-by-step, through the process you need to follow to consolidate small groups. The handouts will also include a simple consolidation checklist that you can benefit from straight away.

The areas of focus will include

  • An overview of S9 consolidations and the new consolidation requirements under CAA 2017
  • Consolidation basics and collating the information
  • The core consolidation adjustments for Irish companies
  • Consolidation journals and adjustments
  • The financial statements and disclosures relating to consolidation
  • The audit file for consolidations

 


CPD Course Facilitators:

John Murphy: Tax, Corporate Restructuring and Practice Support, OmniPro

As a lead member of our technical support team, John relishes problem-solving to help accountants develop innovative client solutions and sharing technical knowledge on tax, financial reporting and auditing.

A Chartered Tax Adviser, he advises clients in practice on a range of issues from income tax, tax planning, restructuring and exit planning to Revenue audits. In addition, he provides support on financial reporting, auditing and company law; conducts company valuations and advises on pre-sale restructuring.

John also plays a key role as a researcher and subject-matter expert in developing OmniPro information products such as the CompaniesAct2014.com and FRS102.com. As a speaker at OmniPro CPD events, he brings these industry-leading insights to accountants participating in our training programmes.

 


Des O’Neill – Co-Founder and Managing Director, OmniPro

Having worked for a number of years in practice, Des O’Neill co-founded OmniPro to develop tools, techniques, products and services, empowering accountants to achieve their best. Over 15 years, he has grown the company to a multi-million-euro turnover business and established OmniPro as Ireland’s largest independent provider of CPD for accountants.

Des speaks regularly, at national and international fora, on practice development, auditing, accounting, company law and regulation. He is passionate about bringing innovation to the profession and empowering accountants to achieve what they want in their careers and practice.