Changes to UK accounting standards are likely to significantly impact the workload of many accounting professionals. While the FRS 102 changes are wide-ranging, two areas of focus for accounting professionals are revenue recognition and lease accounting rule changes.
What benefits or pitfalls could they bring? And what part can software play in bringing about a smooth transition to the new regime?
In this webinar, Jake Smith, Head of Commercial Content at AccountingWEB is joined by Ash Goldsmith, senior product manager for accounts production at Caseware and Hermione Bonthuys from Forvis Mazars to discuss the impact of the changes and how accounting professionals can start preparing for the new standards.
You'll learn:
- What will be the impact on accountants as a result of the changes
- How businesses are likely to experience changes in the timing of revenue recognition
- How and when to start preparing for the new reporting rules
- How software can ease the transition to the new rules
Presenters
Ashley Goldsmith
Senior Product Manager for Accounts Production, Caseware