
The Challenge of UK GAAP in Practice
While often seen as simpler than IFRS, UK GAAP (primarily FRS 102 and FRS 105) presents its
own unique set of challenges for preparers and auditors. Common issues include:
- Correctly applying the specific recognition and measurement rules within FRS 102.
- Choosing the right framework (FRS 102 vs. FRS 105 vs. IFRS) for a client.
- Navigating the differences between UK GAAP and IFRS for transitioning entities.
- Ensuring disclosures are compliant and proportionate for smaller entities.
- Auditing financial statements prepared under FRS 102 efficiently and effectively.
Our training provides the clarity and practical application skills to ensure compliance and
accuracy.
We offer flexible training options to suit your firm’s or company’s needs.
Online Training Modules
Flexible, self-paced learning for individual staff members to build their knowledge onspecific sections of FRS 102.
- Ideal for: CPD, training new hires, or as a refresher on specific topics like financial
instruments or revenue. - Format: Accessible 24/7 through our learning portal. Includes video lessons, quizzes, and downloadable quick-reference guides.
- Topics: Available for key areas of FRS 102, including Financial Instruments, Revenue, Leases, and the disclosure requirements for small entities.
Bespoke In-House Training
Tailored workshops designed specifically for your team, focusing on the sectors and clients you work with most.
- Ideal for: Accountancy practices needing consistent application across all staff or finance teams implementing the standards.
- Format: Delivered at your offices or online via Zoom/Teams.
- Includes: Pre-course consultation to target tricky areas, custom case studies based on typical client structures, and practical checklists.
Our ISA Training Solutions
We offer flexible training options to suit your firm’s needs.
Online Training Modules
Flexible, self-paced learning for individual staff members to build their knowledge.
- Ideal for: Training new hires, covering specific CPD needs, or reinforcing knowledge.
- Format: Accessible 24/7 through our learning portal. Includes video lessons, quizzes, case studies, and downloadable resources.
- Topics: Available for key ISAs like ISA 240 (Fraud), ISA 315 (Risk Assessment), ISA 540 (Accounting Estimates), and ISA 700 (Audit Reports).
Bespoke In-House Training
Tailored, closed-door workshops designed specifically for your firm's clients, sectors, and common challenges.
- Ideal for: Firms needing consistent training across teams or addressing specific quality review findings.
- Format: Delivered at your offices or online via Zoom/Teams.
- Includes: Pre-course consultation to identify key areas, custom case studies based on your clients, and practical take-home toolkits.