ICAEW webinar on financial instruments under FRS 102
18 Dec, 2014
The Institute of Chartered Accountants in England and Wales (ICAEW) will be hosting a webinar on 20 January 2015 on the accounting for financial instruments under Financial Reporting Standard (FRS) 102.
Under FRS 102 a financial instrument is classified either classified as “basic” or “non-basic” with significant implications as to how such financial instruments are measured and accounted for. This approach is very different to that under old UK GAAP whether a company applies Financial Reporting Standard (FRS) 26 or not.
The webinar will cover how to determine whether a debt instrument qualifies as basic or non-basic under FRS 102, measurement at amortised cost versus measurement as at fair value through profit or loss, accounting for intercompany loans, impairment of financial assets and transition to the new requirements.
Registration details for the webinar can be found on the ICAEW website.
