Housing Association accounts are challenging, with application of FRS 102, the Housing SORP and the Accounts Direction all mandatory. Also, although some of the audit work is standard, there are some peculiarities that firms working in this field need to be aware of. This session will highlight all the hot topics and provide a comprehensive update. Topics covered will include:

• New accounting and disclosure developments relevant to housing associations
• Tricky accounting areas – and how to get them right
• Accounting and auditing challenges in housing groups and how to tackle them
• Other relevant regulatory changes - including recent changes from the Regulator of Social Housing - how these will impact on financial reports
• A file reviewer’s perspective of common problems encountered when auditing housing associations