In this month's vlog, Peter Herbert discusses deferred tax and the impact of The Finance Act 2021.

This month, Peter Herbert discusses key issues for 2021 Academy Audits.

This month, Peter Herbert discusses common questions about disclosure requirements for FRS 102 Section 1A accounts, including S413 credits, advances and guarantees, related party transactions and accounting policies.

This month, Peter Herbert discusses common questions about the disclosure of trustee related transactions and the need to make reports of matters of material significance to the Charity Commission.

This month, Peter Herbert discusses recent FAQs on furlough fraud. He covers anti-money laundering issues and reporting requirements, audit considerations and financial reporting issues.

This month, Peter Herbert discusses some pension scheme accounts and audit hot topics, including narrative disclosures, the impact of Covid-19, GMP equalisation and common audit failings.

We’ve had a flurry of queries at Insight Training in the last few weeks about section 479A of the Companies Act 2006 and how Brexit will affect it. Here, in a nutshell are the

This month, Peter Herbert discusses provisions for liabilities, including grant repayments and audit considerations.

Peter Herbert discusses the topical issues regarding Audit Reports and Going Concern in this month's vlog.

Peter Herbert discusses frequently asked questions on small company reporting.

Peter Herbert discusses frequently asked questions on accounting for government support and other aid.

This month, Peter Herbert chats about accounting for and auditing investment properties.

Peter Herbert discusses the current issues faced by auditors carrying out remote audits.

Peter Herbert discusses the Covid-19 accounting issues for charities.

Peter Herbert discusses the accounting implications of government and other aid.

Peter Herbert discusses the legal and accounting issues of paying dividends - particularly topical in the current climate.

Peter Herbert discusses Going Concern in our second bite size Financial Reporting webinar.

Peter Herbert discusses some topical issues for Practitioners in a short update webinar.

In the midst of the current unprecedented crisis, we’ve had a number of queries in recent days about stocktake attendance for 31 March 2020 year ends and the audit approach to adopt in the

AUDIT ETHICS – FIVE TO WATCH The FRC’s new Ethical Standard takes effect from 15 March 2020. Much has been said about the impact on larger firms that audit public interest entities (PIEs). Here

Charitable Incorporated Organisations – Questions Answered  Charity update courses that we’ve been running this Autumn have prompted lots of questions about Charitable Incorporated Organisations (CIOs). Here are the some of the more interesting ones.

As the new academic year begins, so does the Academy school audit season. Delegates have been brimming with excitement during recent Insight Training courses! Here are five things that you must remember to do

Spring 2019 has seen a flurry of guidance about pension accounting. The changes are ‘niche’ and will not affect all organisations but will be impactful where they do apply. Here is a summary of

Insight Training's Clare Jones discusses some IFRS 15 issues in one of our Adobe Connect update webinars.

Gift aid payments in charitable groups Accounting for gift aid payments in charitable groups truly is the gift that keeps on giving (!) and is a topic that we’ve covered in previous blogs, notably

Clare Jones discusses some interest rate issues when implementing IFRS 16 in our recent Adobe Connect update webinar.

On audit update courses that Insight Training have run during the Autumn, there has been much discussion about bank confirmations. The withdrawal of the FRC’s Practice Note 16 will lead to more flexibility of

Insight Training's Peter Herbert discusses some IFRS 9 issues in our recent Adobe Connect update webinar.

Although FRS 102’s triennial review has been generally well received, one issue covered, that has been quite vexatious to some, has been that of payments made by subsidiaries to their charitable parents that qualify

Nearly three years on from the introduction of FRS 102, accounting for investment properties is STILL a major bone of contention for accountants and auditors alike. Here are the most common questions that crop

Insight Training’s Peter Herbert discusses Financial Instruments under FRS 102 in our recent Adobe Connect webinar.

Back in February, the Charities SORP Committee published draft SORP Update Bulletin Two, with a short consultation period ending on 4 April. The purpose of the Update Bulletin is to apply the Financial Reporting

It’s been an insightful couple of weeks for me. I’ve had a very interesting three days delivering ICAEW's ‘False Assurance’ video for the North West society. This shows how quickly apparently successful corporates can

The beginning of December 2017 sees the introduction of new England & Wales Charity Commission (CC) Directions on Independent Examinations (CC32). The new Directions can be downloaded from: https://www.gov.uk/government/publications/independent-examination-of-charity-accounts-examiners-cc32 Although not a radical rewrite

Financial Reporting Exposure Draft (FRED) 68, ‘Draft amendments to FRS 102 – Payments by subsidiaries to their charitable parents that qualify for gift aid’, was published by the Financial Reporting Council (FRC) in September 2017.

In a blog in March, I discussed some of the disclosure issues that small companies face in respect of directors’ remuneration when applying FRS 102 Section 1A. Here are 10 more common questions about Section

Many small companies applying FRS 102 for the first time this year, for accounting periods beginning in 2016, are struggling to get to grips with some of the very different rules that apply in

With FRS 102 (or FRS 105) applying for the first time for small entities (companies and LLPs) from accounting periods beginning on or after 1 January 2016, the thirst for knowledge about new UK

It’s been a busy few years for the CCAB, the organisation which publishes the LLP SORP. Having published an updated version of the SORP in 2014, to align with new UK GAAP (FRS 102),

The dust is now starting to settle on new UK GAAP for small companies in the form of FRS 102 section 1A and practitioners are starting to get into the detail of the disclosures

A very common question from practitioners on courses about new UK GAAP at the current time concerns the choice between FRS 105 (the new standard for micro entities) and FRS 102 Section 1A (for