Highlights from the latest FRC Corporate Reporting Review
Category: Technical | Date: 19/05/2022 13:30 | Duration: 1 hr | Tag: UKATSUK22D2S5 | Type: Webinar | Speaker: Claire Thomson
Course Details
The financial reporting landscape in the UK is braced for some significant changes over the next 3-5 years.
With the FRC expected to release updates to FRS 100 - 105 later in the year, the results of the Government’s consultation on “Restoring Trust in Audit and Corporate Governance” expected imminently, significant reform taking place at Companies House, and the creation of a UK Endorsement Board to set UK international accounting standards, accountants and auditors need to be aware of the substantial changes to the financial reporting environment that will be coming down the line.
In this webinar, we will take a look at some of the anticipated changes, providing you with an insight into the future of financial reporting in the UK. Although primarily targeted at accountants who work with UK-incorporated entities, the content will also be of interest and relevance to those who work with entities that are related to UK-incorporated entities.
In this webinar, Claire Thomson will cover the following:
- Anticipated changes to FRS100 – 105 as a result of the next triennial review by the FRC
- Potential outcomes of the UK Govt’s consultation on “Restoring Trust in Audit and Corporate Governance”
- Companies House White Paper on future reform
- The UK Endorsement Board and it’s role in the future of UK reporting
CPD Course Speaker
Grant Thornton
Claire Thomson
Claire is a qualified Chartered Accountant with the Institute of Chartered Accountants of Scotland, and trained with Grant Thornton Ireland. She spent 5.5 years in corporate audit, before moving to the firm’s risk & compliance team, where she spent 6 years supporting the all-Ireland practice as their UK financial reporting subject matter expert.
After a year in OmniPro’s Practice Support team, where she delivered webinars, developed technical content and provided post-monitoring support to firms, she has now joined Grant Thornton Northern Ireland, where she is Head of UK Financial Reporting and Accounting Technical, providing UK technical advice and support to local and international offices.
After a year in OmniPro’s Practice Support team, where she delivered webinars, developed technical content and provided post-monitoring support to firms, she has now joined Grant Thornton Northern Ireland, where she is Head of UK Financial Reporting and Accounting Technical, providing UK technical advice and support to local and international offices.