In this month's exclusive Accountancy Daily CPD learning module we explain the key issues to consider as FRS 102 accounting rules for leases and revenue recognition change
Completing this course on FRS 102 lease and revenue recognition rules will enable you to understand:
What the periodic review entails and how it impacts reporting entities;
- determine those leases which can be reported off-balance sheet and those which must be reported on balance sheet;
- identify how the five-step model approach to recognising revenue will impact on your clients' financial statements; and
- understand the additional changes arising from the periodic review which will affect the recognition, measurement and disclosures in the financial statements.
The CPD course has been prepared by Steve Collings, accounting expert for Croner-i.
This CPD module takes 15 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.
The CPD course has been prepared by the tax experts at Croner-i.
Play the CPD module here.
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