2025 A to Z of Accounting for Leases (FRS 102&105)

£75.00 (Exc. VAT)

Presented by John Selwood. Expected CPD Points/Hours - 2.5

This course will go live in January 2025.

Course Description: 2026 sees the implementation of the Financial Reporting Council’s ‘periodic review amendments to UK GAAP’ with significant changes on accounting for leases, particularly from the lessee’s perspective. This course will explain the changes in detail and use case studies.

Topics covered during the session will include:

·      The concept of on balance sheet lease accounting

·      Short lease and low value asset exemptions

·      How to determine discount rates

·      Break clauses and rights to extend

·      Transition to the new Standard

·      Lease incentives

·      Lease modifications

About the presenter: John Selwood is a Chartered Accountant and independent training consultant, who lectures for major accountancy practices, professional bodies, training companies and publishers.  He speaks on financial reporting, money laundering, company law and auditing.
Previously, he has been the technical partner for a top thirty firm of accountants and head of an accountancy network.
John is a member of the ICAEWs Audit and Assurance Faculty’s Practitioner Services Committee and has been involved with presenting and writing the material for the Audit & Assurance and Financial Reporting Faculty’s Roadshows for a number of years.  He also regularly writes for Audit & Beyond and is the author of Core Auditing Standards.