Course Details

Over the past 18 months, businesses in the UK have had to deal with many challenging circumstances and situations. As companies begin to move forward, focus turns to reporting the impact of both Covid and Brexit on financial statements. This session will look at some of the key considerations for good quality financial reporting in the current economic environment, as well as the future developments in the financial reporting landscape.

 

In this session Claire Thomson will cover the following topics;

  • Reporting the impact of covid – accounting for government support, the changes to leasing standards, and other considerations
  • The impact of Brexit on company law and accounting standards – what this means for UK companies, and for their wider groups across the EU
  • Other year-end considerations, including what Regulators will be focusing on in their reviews in the coming year
  • Anticipated future developments in financial reporting – what is coming down the line over the next few years

 

 

 

 

CPD Course Speaker

OmniPro Practice Support

Claire Thomson

As a member of our Practice Support Team, Claire’s focus is on helping practices achieve on-going best practice compliance, with a particular focus on delivering technical training and providing guidance on the requirements of financial reporting and company law in both Ireland and the UK. Claire is a qualified Chartered Accountant with the Institute of Chartered Accountants of Scotland, and trained with Grant Thornton in Belfast. She spent 5.5 years in corporate audit, before moving to Grant Thornton’s risk & compliance team, where she spent 6 years supporting the all-Ireland practice as their UK financial reporting subject matter expert.

As a member of our Practice Support Team, Claire’s focus is on helping practices achieve on-going best practice compliance, with a particular focus on delivering technical training and providing guidance on the requirements of financial reporting and company law in both Ireland and the UK.

Claire is a qualified Chartered Accountant with the Institute of Chartered Accountants of Scotland, and trained with Grant Thornton in Belfast. She spent 5.5 years in corporate audit, before moving to Grant Thornton’s risk & compliance team, where she spent 6 years supporting the all-Ireland practice as their UK financial reporting subject matter expert.