Course Brochure 2017/2018.

Transcription

1 Brochure 2017/ August 2017

2 An Introduction to the AIAS The AIAS is a not-for-profit organisation, limited by guarantee, controlled by a Board of Directors drawn from its membership and operated for the benefit of its membership which comprises practising firms of accountants in Scotland. Following the recognition by a number of independent accountants in the Edinburgh area of the need to provide additional training opportunities, the AIAS was founded in Training is central to the group's activities, with courses covering a wide variety of topics. The courses provided tend to address areas not covered by other training providers courses, as we seek to react to our members additional requirements. Consequently, each member firm has the opportunity to have a representative on our Training Committee. Typically, our courses run from 4pm to 6pm in venues located in central Edinburgh, although alternative times are arranged to best fit the content of individual courses. Networking The AIAS seeks to provide an informal forum to discuss matters of common interest as well as opportunities to network with other members at courses, seminars and the annual summer outing and AGM. Joining the AIAS Application for membership is open to practising firms of accountants and tax advisors, and new members are always welcome. The Association is funded by an annual levy on member firms which at present is 135 plus VAT per partner with a maximum of 405 plus VAT per firm. Pricing Structure The course pricing structure is outlined in section 6. Further information can be obtained via our website at or contact Mark Macefield ( ) 1

3 Index 2017/2018 Section 1 - VAT & Tax s o VAT Update - what you need to know - now 12 September 2017 o OMB s problem tax 21 November 2017 o Advanced Tax Planning 8 March 2018 o Employment Tax Update 19 April 2018 Section 2 Accountancy and Audit s o Accountancy Standards Update 17 November 2017 o Auditing Standards Update and Audit of Charities 17 November 2017 Section 3 - Other s o Pensions What Clients Need to Know 3 October 2017 o Economic Outlook A Market Perspective 6 December 2017 Section 4 - Biographies Section 5 - s Section 6 - Fees 2

4 SECTION 1 VAT AND TAX VAT Update what you need to know - now Date 12 September pm-6.00pm s Alan Glen & Shana Mohammed (Scott-Moncrieff) Guide Hall Details Aimed at all levels of staff, this course will cover o Brexit update o Flat rate scheme changes o Construction projects o Partial Exemption and Business/non business adjustments o Entertainment expenses o Disbursements and recharges OMB s problem tax Date 21 November pm-6.00pm Crawford Herald (Jeffrey Crawford & Co) Guide Hall Details Aimed at partners, managers and senior staff, this course will cover: o Buying and selling a company nuts and bolts o CGT planning what a relief! o Entrepreneurs relief as good as it gets? o Losing out on loss relief o Where s the tax relief on my expenditure? o Share exchanges what is there to (re) organise? o Passing on the family business don t fall out! Advanced Tax Planning Date 8 March pm-6.00pm Bob Crawford (Jeffrey Crawford & Co) Guide Hall Details Aimed at partners and managers, this course will cover: o Sanctions for late submission and payment o Offshore aspects (BEPs) o Capital Gains Tax developments o Recent case law decisions o Tax avoidance, where are we now? o What do you do with Gov.uk alerts? o Non-domiciled reforms, an update o Non-resident companies with UK sourced rental income/gains from UK residential properties Employment Tax Update Date 19 April pm-6.00pm Mike Hepburn(BDO LLP) Royal Scots Club Details Aimed at managers, partners and tax staff, this course gives an annual briefing on employment benefits, expenses and PAYE investigations, including how to approach issues from a practical viewpoint. 3

5 SECTION 2 ACCOUNTANCY AND AUDIT Accountancy Standards Update Date 17 November am-12.30pm Phil Frost (Mercia) Royal Scots Club Details Aimed at partners, managers and all those involved in the preparation of an audit of financial statements this course will look at the most recent changes affecting accounting in the UK and the issues arising from the implementation of FRS 102 and FRS105. The last two years have seen significant changes to financial reporting under UK GAAP. The changes affect micro, small and medium sized entities in different ways whether through changes in legislation driven by the EU, or the implementation of FRS102 and FRS105. The course provides an up-to-date summary of these changes and their impact on financial reporting. Contents o Changes to UK GAAP including the triennial update of FRS 102 and FRED 67. o Issues affecting micro entities. o Issues affecting small companies including loans to small companies from owner-managers. o Issues affecting medium and large companies including strategic reports. o Distributable profits including changes to the guidance in the light of new UK GAAP. o Filing issues o Regulatory issues including changes to the Money Laundering Regulations; Charities; Academies; LLPs and relevant company law changes. Auditing Standards Update and Audit of Charities Date 17 November pm-5.00pm Phil Frost (Mercia) Royal Scots Club Details Aimed at partners, managers and all those involved in the preparation of an audit of financial statements this course will look at the most recent changes affecting auditing in the UK and their practical implications for the planning and execution of audits. The course will also consider issues and developments in the auditing for charities. Contents Auditing Reminder of regulatory changes affecting periods commencing 1 January 2016 Changes for periods commencing 17 June 2016 including: o Regulatory changes o New Ethical Standard 2016 o Auditing Disclosures revised ISA o Going concern o Revised audit reports 4

6 Issues arising from the implementation of FRS 102 Audit quality feedback Charities Reminder of charity audit thresholds and likely changes Audit and scrutiny implications Charities FRS 102 SORP Common issues when auditing charities 5

7 SECTION 3 OTHER COURSES Pensions What Clients Need To Know Date 3 October pm-6.00pm Mark Christie (Carbon Financial Partners Ltd) Carbon Financial Partners Ltd Details This course is aimed at staff involved in advising clients on the tax and operational issues on pensions. Pensions have historically been used as an income replacement tool but can be used in so many other ways, including a very effective tool to help mitigate inheritance tax and help pass wealth down to multiply future generations. Hear our latest thoughts and ideas on how we are using pensions with clients, including our work with final salary pensions and the different factors that should be considered in their analysis. Economic Outlook A Market Perspective Date 6 December pm-6.30pm Amanda Forsyth (Murray Asset Management) Murray Asset Management Details Aimed at partners and senior staff seeking an update on what is driving current expectations and prospects for the global economy this course will cover: o How and why have economic expectations changed over the course of 2017 o What do we expect in 2018 for the economy of the UK and in a global context? o What could go wrong? 6

8 SECTION 4 - BIOGRAPHIES Mark Christie (Carbon Financial Partners Ltd) In his role at Carbon, Mark works with business owners and their accountants on how best to extract hard-earned profits from their businesses in the most tax-efficient way, then protecting the value of their money once it s out of the company or setting it to work hard for them again. He seeks to protect business from the what if scenarios through the considered use of shareholder, partnership and keyperson protection plans. Bob Crawford (Jeffrey Crawford & Co) Bob is the owner of Jeffrey Crawford & Co, a firm of Chartered Accountants and Chartered Tax Advisors founded in 1979 with offices in Edinburgh and London. The firm specialises in taxation matters, both domestically and internationally. The firm is a member of the international MGI network of accountants. Bob sits on technical committees of both the Institute of Chartered Accountants of Scotland and the Chartered Institute of Taxation. Amanda Forsyth (Murray Asset Management) Amanda Forsyth is a Fellow of the ICAEW, a Chartered Fellow of the Chartered Institute of Securities & Investment and an Associate of the Society of Investment Professionals. An investment manager with Murray Asset Management, she has over twenty years experience in investment, and regularly appears as a guest commentator on stock market affairs with the BBC. Phil Frost (Mercia) Phil qualified with Coopers & Lybrand in his home town of Sheffield, before joining Financial Training (now Kaplan). He subsequently moved to the midlands and became FTC s regional director before joining Mercia in He lectures on auditing and accounting areas with a wide portfolio of specialisms including charities; company law; properties and international accounting standards. Alan Glen (Scott-Moncrieff) Alan has specialised in VAT for 12 years and is an Associate member of the Institute of Indirect Taxation and Chartered Institute of Taxation. Alan has significant involvement with the FE, HE, Education/Training, Research, Charity, NDPB and Public Sectors. He regularly provides VAT advice and training to organisations in these sectors. Alan s experience allows him to provide specialised and practical advice in maximising VAT efficiencies and minimising the cost of irrecoverable VAT. Crawford Herald (Jeffrey Crawford & Co) Crawford lectures for various professional bodies and other organisations, such as ACCA, ICAS, CLT and MBL (Seminars). Although not a CA, Crawford was formerly a member of the Capital Taxes Sub Committee and Tax Law Rewrite Committee of ICAS. He is currently a member of ICAS Scottish Taxes Sub-Committee. He was until the end of 2009, Student Liaison Officer for STEP Scotland and also served on the branch s committee for a number of years. Crawford is also a member of the VAT Practitioners Group (VPG) and the ICAEW Tax Practitioners Investigation Group. 7

9 Mike Hepburn (BDO LLP) Mike is the Manager of BDO s Employment Taxes team in Scotland. Having been a compliance officer with HMRC for 20 years he now pits his wits against them on a daily basis. He deals with all aspects of PAYE, NIC, CIS and HMRC Investigations and represents BDO on several professional forums. Shana Mohammed (Scott-Moncrieff) Shana is a qualified accountant who has specialised in VAT for the last seven years. Over the years Shana has gained experience in dealing with HMRC and assisting clients to understand and manage how VAT applies to their business covering issues such as when to register for VAT, the use of accounting schemes, partial exemption, land and property advice; place of supply advice and general business VAT planning. Should you wish to make contact with any of our course speakers, please Mary Tan (MTan@whitelawwells.co.uk) 8

10 SECTION 5 - VENUES We have noted below the addresses for each venue: Carbon Financial Partners Ltd, 61 Manor Place, Edinburgh, EH3 7EG Guide Hall, 33 Melville Street, Edinburgh EH3 7JF Murray Asset Management, 3 Glenfinlas Street, Edinburgh EH3 6AQ Royal Scots Club, Abercromby Place, Edinburgh, EH3 6QE SECTION 6 COURSE FEES Members rates: 40 for the first two delegates and 20 thereafter (with the exception of the accountancy and auditing standards update courses (presented by Mercia) which will be 50 per person). Non Members rates: 50 for the first two delegates and thereafter (with the exception of the accountancy and auditing standards update courses (presented by Mercia) which will be 50 per person). Accountancy Standards Update Auditing Standards Update These are all a standard fee of 50 per delegate (no multi booking reduction). If you require a booking form please contact Mary Tan: Whitelaw Wells 9 Ainslie Place EDINBURGH EH3 6AT Tel: MTan@whitelawwells.co.uk Visit our website - 9