Course Synopses

Transcription

1 Course Synopses Page 2 Ethical & Technical Issues through Case Studies Page 3 Audit Issues through Case Studies Page 4 Auditing in the FRS102 World Issues Arising Page 5 FRS102 A Practical Guide + Update Page 6 Making Tax Digital The Latest State of Play Page 8 Employment Tax Update Page 10 Revenue Recognition under FRS102 Page 12 Audit/accounts for Academies Page 13 Practical Audit Planning an Audit Page 14 Practical Audit Common Problems and How to Resolve Them Page 15 Property Tax Update Page 16 Half Yearly Tax Update incl Budget Review Page 17 Small Companies under FRS102 Page 18 Accounting The Difficult Bits / FRS102 A Drop of the Hard Stuff Page 19 Solicitors Accounts Rules Page 20 Private Company Valuations Page 21 Tax Implications of Buying and Selling Page 22 Tax Planning Issues and Opportunities Page 23 Current Accounting Issues Page 25 Audit and Assurance Update Page 26 Extracting Profit from OMBs Page 27 Capital Taxes Update Page 29 Solicitors Accounts Rules Page 30 Small Company Reporting in 2017 Page 31 Managing the Transition to FRS102 Page 32 Finance Act 2017 Page 34 Corporation Tax Update Page 35 Money Laundering Update Page 37 Practice Regulation Update Page 39 CGT Update and Practical Refresher Page 40 Inheritance Tax and the Use of Trusts Page 41 Financial Reporting for Charities Page 42 Audit/Accounts for Groups Page 43 Acting for Doctors An Update Page 44 Accounting Standards Update Page 45 VAT Update 1

2 Ethical & Technical issues through Case Studies Course Duration: 3 Hours With so many rules and regulations that we need to comply with this course looks at some key issues that practitioners will face and how these can be dealt with. Course contents The purpose of this course is to cover some topical issues through the use of case studies. There will be a series of case studies covering a number of areas, including the following: Ethical issues Common problem areas accounts Other topical issues relating to accountants. Who should attend? Partners and staff running assignments Key benefits of attending Participants will have a clearer understanding of how to deal with some problem areas Course Date: M701 Whitefield Golf Club, Manchester 9.45am 90 2

3 Audit issues through case studies Course Duration: 3 Hours Many practitioners struggle with the application of audit standards and principals the purpose of this course is to look at practical issues that arise in practice and how these can be resolved through the use of case studies. Course contents The purpose of this course is to cover some topical issues through the use of case studies. There will be a series of case studies covering areas that cause issues including: Going concern First year of an audit Independence issues Who should attend? Individuals involved in audit Key benefits of attending Participants will gain a clearer understanding of the practical application of the auditing standards. Course Date: M702 Whitefield Golf Club, Manchester 1.45pm 90 3

4 Auditing in the FRS102 World Issues Arising Course Duration: 3 Hours Speaker: Ralph Tiffin Summary: This three hour course will look at the issues arising from the introduction of FRS102 including feedback from commentators and regulators. We will discuss the audit issues which are already known and those which are still emerging. We will look at FRS102 accounting policy wording and examples of compliant accounting policies. During the session we will look at the difficult area of disclosures and how to get them right, especially for smaller entities and charities. To be discussed: Were there really no transition adjustments? Was the transition planned and the planning recorded? What needs to be planned for the second year of FRS102 accounts? o Is revenue recognition really the same? o Should any leased assets be on the balance sheet? Directors loans taxation and disclosures Section 1A replacing FRSSE Charity FRS accounts, the SORP 2015 and goodbye to the one year FRSSE Judgements and estimates Disclosures easy to miss! Course Dates: M703 Whitefield Golf Club, Manchester 9.45am S719 Best Western, Stoke on Trent 9.45am 65 4

5 FRS102 A Practical Guide + Update Speaker: Ralph Tiffin This three hour course looks at FRS102 accounts and the issues known and emerging. We will look at examples of accounting policies and how accountants should develop their own compliant accounting policies and move away from using old GAAP wording and how to ensure the policies are entity specific. During this session of FRS102 accounts we will discuss: What do they look like? Some are still using old GAAP wording Issues real and imagined Section 1A replacing the FRSSE New accounting policies - examples Basic financial instruments Directors loans Inter company loans Disclosure of judgements and estimates Charity FRS 102 SORP and FRSSE The first FRS102 accounts have more than the heralded issues!! As far as possible the issues will be illustrated with extracts from filed accounts. Course Dates: M704 Whitefield Golf Club, Manchester 1.45pm S720 Best Western, Stoke on Trent 1.45pm 65 5

6 Making Tax Digital The Latest State of Play Speaker: Tony Jenkins OBJECTIVES Making tax digital represents the most significant change in tax compliance. It is likely to pose logistical problems for both clients and accountants alike so being prepared is critical. Additionally the changes and powers of HMNRC are being introduced piecemeal so keeping abreast of what is going on is crucial to adequate preparation and keeping costs in check and maximising profits from client relationships. This course is aimed at all tax and non-tax professionals who deal with the tax affairs of clients be they individuals or corporates. The contents of the course will potentially as further developments occur in late 2016 and early CONTENT Understanding the big picture of the changes Who is impacted and when The timeline of the key dates of changes What needs to be done in 2017 and the impact on and tax years Changes in the legislation and the powers of HMRC when dealing with the new procedures Getting clients to understand what needs to be done which clients are affected - particularly with current reporting and finalising the previous tax year s return at the same time Practicalities - the software requirements, the recording of transactions, the scanning of documents and the quarterly upload Impact on businesses and landlords - Accruals or cash accounting, change to basis periods and the impact on landlords, Payment of tax- Voluntary Pay as you go Impact on practice management - The proposed penalty regime, making claims, the annual reconciliation and the impact on other taxes (Continued on next page) 6

7 Who should attend This course is specifically designed for all accountants and tax advisers at all levels who deal with the tax affairs of clients. Course Dates: M705 Whitefield Golf Club, Manchester 9.45am W701 Britannia Hotel, Wigan 9.45am S701 Best Western, Stoke on Trent 9.45am 65 7

8 Employment Taxes Update Speaker: Tony Jenkins OBJECTIVES As we approach the end of the income tax year we arrive at a key part of the tax year relating to employment taxation with all its obligations. This is particularly true in as there have been major changes to the administration of employment taxation and more are coming. The future changes include the proposed new regime for termination payments and the potential impact of Making Tax Digital. Additionally, cases abound where people tried to reduce their tax by manipulating the rules of employment taxation. You now have the opportunity to keep up to date on this dedicated course to understand the latest developments which will allow for opportunities to explore savings and to avoid pitfalls for your clients who are in employment. CONTENT The Autumn Statement and FB 2017 changes relating to employment taxes Developments in the continuing review of and the subsequent legislation relating to employment taxation The proposed regime for termination payments The impact of Making Tax Digital Cases involving employment taxation with lessons to be learned and opportunities to be grasped Examination of key issues and traps to avoid with completion of year end returns National Insurance developments Selected pensions developments (Continued on Next Page) 8

9 Who should attend This course is specifically designed for accountants or tax advisers who deal with the employment tax and related affairs of clients. Course Dates: M706 Whitefield Golf Club, Manchester 1.45pm W702 Britannia Hotel, Wigan 1.45pm S702 Best Western, Stoke on Trent 1.45pm 65 9

10 Revenue Recognition under FRS102 Speaker: David Potts Objectives This course will provide a timely and informed update on the key issues facing accountants and auditors when determining the appropriate treatment of turnover (revenue) when reporting in the UK. Content The course will consider the following issues: New UK GAAP guidance for revenue recognition FRS 102 and the exemptions for Small entities (FRS 102 1a) and Micro entities (FRS 105) Companies Act 2006 requirements regarding revenue and turnover Specific areas of concern and guidance available when reference may be necessary to IFRS 15 including: o Multiple packaged revenue services full service maintenance contracts for example o Sales of software and other intangible assets such as franchise deals o Acting as agent or principal estate and travel agents o Residential property management companies Disclosure requirements including notes to the accounts o Micro entities under FRS 105 o FRS 102 and FRS 102 (1a) o Best practice requirements from IFRS 15 Other possible issues Who Should Attend o HMRC position and possible contentious areas o Where guidance may be taken from USGAAP The course is suited to those looking for an update on current best practice for revenue whatever the nature of services or goods being provided. (Continued on next page) 10

11 Course Date: M707 Whitefield Golf Club, Manchester 9.45am 65 11

12 Academies - Audit and Accounts Update Speaker: David Potts Objectives This course will provide a timely and informed update on the key issues facing academy accountants and auditors in Content The specific course content will vary as requirements develop though will cover the following areas: New UK GAAP for academies Accounts Direction 2015 to 2016 Acting for multi-academy trusts Academies Financial Handbook - key changes Regularity reporting update Academy audit and accounting common issues and hot topics Other financial reporting developments Who Should Attend The course is suited to those looking for an update on developments within the academies sector. Course Date: M708 Whitefield Golf Club, Manchester 1.45pm 65 12

13 Practical Audit Planning the Audit Speaker: Val Steward Summary Good planning leads to much more effective, efficient and compliant audits and so time taken ensuring that they are planned properly will pay dividends. Course contents The key elements of the course will be: Preparing for the plan o KYC o Client meeting Completing the plan o Risk assessment o Materiality o Determining key risks o Efficient ways of achieving the audit objectives Briefing o What to cover o Why it is important Who should attend? This course is designed for staff and partners involved in the planning of the audits. Key benefits of attending This course will allow you to consider the purpose of the audit and to understand what you need to do and why. Course Date: M711 Whitefield Golf Club, Manchester 9.45am 90 13

14 Practical Audit Common Problems and How to Resolve Them Speaker: Val Steward Summary The purpose of this course is to consider the key issues on the audit and how to ensure that they do not become problems. Course contents This course focuses on some of the common problems that are encountered on audit files and how these should be addressed. The course will cover the following areas: Common issues encountered on reviews including issues arising from monitoring visits Steps you need to take to ensure that these issues are addressed Who should attend? Partners and staff involved in audit at a senior level Key benefits of attending Partners and staff will become more confident in their audit skills. Course Date: M712 Whitefield Golf Club, Manchester 1.45pm 90 14

15 Property Tax Update Speaker: Barry Jefferd Summary As a practitioner, you probably get asked more questions about property compared to any other subject. Whether it is a developer with a large site to develop or an individual with one buy to let, there is inevitably planning that can be done. The course will cover:- Property ownership how to hold the asset New rules in deduction of interest S162 does it work? Mitigating the capital taxes SDLT - key information Trading v investment Anti-avoidance matters Course Dates: M709 Whitefield Golf Club, Manchester 9.45am W705 Britannia Hotel, Wigan 9.45am S703 Best Western, Stoke on Trent 9.45am 65 15

16 Half Yearly Tax Update (Including Budget Review) Course Duration: 3 Hours Speaker: Barry Jefferd Summary As a professional looking after clients affairs it is essential to be up to date with current developments and this is particularly true in the field of taxation. Recently we have seen a number of consultations which could herald major changes in the law and therefore in the advice accountants should give to their clients. As always, a relentless stream of cases go through the Courts which will give clarification of the law and its application, the direction on future planning opportunities and the pitfalls to be avoided. This update will give you an insight into the relevant developments over this period which will aid your day to day handling of clients affairs. At this stage it is difficult to know what changes will be in the 2017 Budget but we have timed this seminar so that the contents may be discussed and the advice offered to your clients is as up-to-date as it is possible to be. Who Should Attend? This course is specifically designed for accountants and tax advisors who deal with the personal and business tax and related affairs of clients. Course Dates: M710 Whitefield Golf Club, Manchester 1.45pm W706 Britannia Hotel, Wigan 1.45pm S704 Best Western, Stoke on Trent 1.45pm 65 16

17 Small Companies under FRS 102 Speaker: Stephen McAlpine Introduction The financial statements are the most obvious product of accountancy services. But ensuring consistent quality is extremely difficult at a time when financial reporting for private companies is going through so much change. The introduction of a regime for Microentities, the new UK GAAP, and the withdrawal of the Financial Reporting Standard for Smaller Entities represents the biggest shake up of financial reporting for smaller entities in a generation. At the same time, regulators are growing ever critical of the quality of financial statements. Life is getting extremely difficult for those on the front line. The course is intended to provide practical guidance on the application of the new accounting regime for UK entities. Who should attend? Anyone who is involved in the preparation or review of financial statements of small private companies in the UK. What You Will Learn This course will cover the following: Course Date: Background The New UK GAAP and its impact on smaller entities Options under the new UK GAAP for smaller entities Practical examples of current accounting practice Impact on entities using SORPs Micro-entity regime Common errors Conclusions W703 Britannia Hotel, Wigan 9.45am 65 17

18 Accounting The Difficult Bits / FRS102 A Drop of the Hard Stuff Course Duration: 3 Hours Speaker: Stephen McAlpine Introduction Financial reporting for private companies is undergoing significant changes. The introduction of a new regime based on International Financial Reporting Standards represents the biggest shake up of financial reporting for private entities in a generation. At the same time, regulators are growing ever critical of the quality of financial statements. Life is getting extremely difficult for those on the front line. Using worked examples, the course is intended to provide practical guidance on the application of new accounting regime to UK entities unable or unwilling to use the exemptions for smaller entities. Who should attend? Everyone who is involved in the preparation or review of financial statements of private companies in the UK. What You Will Learn This course will cover the following: Background The New UK GAAP and its impact on non-small private entities IFRS, FRS 101, or FRS 102? FRS 102, section 1A or FRS 105? Transition issues Accounting for financial instruments, including: o Accounting for loans o Forward currency arrangements o Interest rate swaps Investment properties Conclusions W704 Britannia Hotel, Wigan 1.45pm S622 Best Western, Stoke on Trent 9.45am 65 18

19 Solicitors Accounts Rules - Update Course Duration: 3 Hours Speaker: Stephen McAlpine Objectives The course will focus on the application of the SRA s Accounts Rules and the issues involved. It will ensure delegates are conversant with the detail of these provisions and are confident about their practical application. We aim the course at those who are experienced in dealing with solicitor clients and acting as reporting accountants. At the end of the course, delegates can: Appreciate the recent changes made to the Rules Demonstrate an awareness of the regulatory changes effecting solicitors in practice Understand the commercial outlook for the legal profession Who should attend This course will be of benefit to anyone advising solicitors in practice, including those involved in the work of reporting accountants under Solicitors Regulatory Authority s Accounts Rules. Content Introduction Update on recent changes, including ICAEW authorisation of ABSs Changes in risk based reporting regime Duties of COLP and COFA Trivial or Non-Trivial Breaches? Common problem areas of the SRA Accounts Rules Residual balances rules and resolutions Solicitors and money laundering cases Recent disciplinary cases involving the Accounts Rules Other news and changes to the Rules Current performance and outlook for the sector 19

20 Course Date: S623 Best Western, Stoke on Trent 1.45pm 90 Private Company Valuations Course Duration: 3 Hours Speaker: Ralph Knight Summary The course will help delegates to distinguish between tax calculations and such commercial considerations as fair value, recognise poor value practice and negotiate with the share valuation. During the session we will touch briefly on valuation practice, fair value and associated problems, interdisciplinary study, fiscal negotiations and success factors, valuation of majority shareholdings in unquoted companies, and will discuss in more depth:- most common methodologies an outline negotiations with SAV current HMRC policies, flavours of the month and trends Course Date: M634 Whitefield Golf Club, Manchester 1.45pm 90 20

21 Tax Implications of Buying and Selling a Business Speaker: Gerry Jackson For many of our clients, the sale of their business is the ultimate objective. They will be focusing on getting the best deal, but they need to make sure that they take into account all the tax implications. Sometimes, we act for the buyers of businesses. Again they want to make sure that they get a good deal, and they need to make sure that, in helping the vendor, they don t store up a tax problem for themselves. Some businesses don t qualify for Entrepreneurs Relief, but that doesn t mean that there aren t things that can help them. Content Entrepreneurs Relief and making sure it is available Selling part of a business, including where it is in a company When Entrepreneurs Relief doesn t give the best deal Selling a business to yourself to save tax Passing a businesses to employees Businesses that don t qualify for Entrepreneurs Relief Buying and selling intangible assets Who should attend? This is designed for accountants and tax advisers who look after the affairs of business owners and buyers. Course Dates: M713 Whitefield Golf Club, Manchester 9.45am S705 Best Western, Stoke on Trent 9.45am W707 Britannia Hotel, Wigan 9.45am 65 21

22 Tax Planning Issues and Opportunities Speaker: Gerry Jackson Our tax system is complicated, and sometimes different ways of doing something can give rise to quite large differences in the tax treatment. This seminar will happen after the last March Budget, and we don t know what will be in that. The content may depend on what is in the Budget, but is otherwise likely to include the following. Contents Structuring businesses including incorporation Property businesses Pension scheme planning Benefits in kind Planning for Inheritance Tax EIS and SEIS Capital allowances Who should attend? This is designed for accountants and tax advisers who look after the affairs of business owners and high net worth individuals. Course Dates: M714 Whitefield Golf Club, Manchester 1.45pm S706 Best Western, Stoke on Trent 1.45pm W708 Britannia Hotel, Wigan 1.45pm 65 22

23 Current Accounting Issues Speaker: David Potts Objectives This course is designed to provide a summary of all the most important issues relevant for those preparing financial statements under UKGAAP with specific focus on the requirements for small and micro entities. Content The course will consider the following issues: Small company financial statements applying the requirements of FRS 102 (1a) and how to transition from FRSSE (15) How the reported numbers might change how to perform an impact assessment on balance sheet and profit and loss Presenting the financial statements for shareholders options for profit and loss and balance sheet whether to adapt or abridge What disclosures are required in the notes FRS 102 (1a) and Companies Act requirements Accounts to deliver to Companies House FRS 102 for medium sized companies emerging issues in last 12 months Micro entities reporting under FRS 105 Other guidance and issues including impact on distributable profits for example Future plans and developments Changes to FRS 102 for 2017 or earlier Future plans for revenue recognition (in 2019) and leases (in 2022) Who Should Attend The course is suited to those looking for an update on current best practice and practice for producing financial statements in accordance with UKGAAP. (Continued on next page) 23

24 Course Dates: M715 Whitefield Golf Club, Manchester 9.45am W709 Britannia Hotel, Wigan 9.45am S707 Best Western, Stoke on Trent 9.45am 65 24

25 Audit and Assurance Update Speaker: David Potts Objectives This course is designed to provide a summary of all the most important issues relevant for those involved in the planning and execution of audits of financial statements in the UK. It will also consider how these developments may be relevant to the increasing number of entities that are falling outside the scope of statutory audit. Content The course will consider the following issues and topics: The revised UK and Ireland International Standards on Auditing and the new Ethical Standards Update on current hot topics and issues identified by the regulators: o QAD/ ACCA /AQR reports o FRC annual report Audit exemption and the new Companies Act limits what has changed and issues to be aware about Audit issues arising from the new UKGAAP FRS Who Should Attend The course is suited to those looking for an update on current best practice and practice for auditing or providing assurance reports on financial statements in accordance with UKGAAP. Course Dates: M716 Whitefield Golf Club, Manchester 1.45pm W710 Britannia Hotel, Wigan 1.45pm S708 Best Western, Stoke on Trent 1.45pm 65 25

26 Extracting Profits from OMBs Speaker: Tony Jenkins OBJECTIVES This course tackles the issue of how to ensure that profits from owner managed businesses (OMBs) fall back into the hands of the owner as tax efficiently as possible taking into account the present and future tax landscape. The course looks at both long term and short term methods maximising the tax efficiency CONTENT Tax and NIC efficient extraction of funds The impact of the changes to the taxation of dividends Detailed review of tax planning for family companies including structures, close companies and remuneration planning The impact of relevant aspects of employment taxation Getting the business taxation right CGT aspects Disposing of businesses and Entrepreneurs Relief Succession, IHT review and planning for the owners Pensions Providing for pensions and extraction of pensions savings in the new environment post 6 April 2015 Who should attend This course is specifically designed for accountants and tax advisers who deal with small businesses and OMBs and the owners and managers thereof M717 Whitefield Golf Club, Manchester 9.45am W711 Britannia Hotel, Wigan 9.45am S709 Best Western, Stoke on Trent 9.45am 65 26

27 Capital Taxes Update: CGT Healthcheck - What Every Practitioner Needs to Know Speaker: Tony Jenkins OBJECTIVES Although CGT rates have been reduced from April 2016, it is increasingly important that advisors are aware of the opportunities for eliminating or reducing a CGT bill. The course will look at many ways for you to save your client tax; these generally involve having a good understanding of what are often detailed rules and, crucially, planning well in advance of a disposal. Recent cases will be used to demonstrate the tax traps that can confront the unwary, as well as the tax savings that can be made. CONTENT Topics covered will include: Basic planning points on timing of disposals, use of losses and exemptions, etc. Problems associated with the rules for quoted shares Entrepreneurs relief o The key conditions o What constitutes a sale of a trade rather than a sale of individual assets o Why loan notes are no longer attractive as consideration o Associated disposals rules o Common mistakes/traps! Deferred consideration and earn-outs CGT attractions of the SEIS and EIS Using negligible value claims to advance capital losses The recent CGT rules when striking off companies Incorporating a business o Considerations relating to goodwill including recent FA changes o Potential for deferring CGT charges, including on property rental businesses Gifts of assets to family members o Compliance procedures o Gift relief claims When they are available Effect on the recipient of the gift o Restrictions on the use of losses Key principal private residence (PPR) relief issues, including 27

28 o What constitutes a residence o Elections where two or more residences are owned o Deemed periods of non-occupation, including situations where the last 18/36 months rule still applies o Letting relief o Planning for married couples o CGT for non-residents owning residential property Simple CGT planning for non-domiciled individuals Who should attend This course will be of use to anyone who has to deal with CGT in practice, whether from an advisory or a compliance perspective and needs to be aware of latest developments and the key principles. Course Dates: M718 Whitefield Golf Club, Manchester 1.45pm W712 Britannia Hotel, Wigan 1.45pm S710 Best Western, Stoke on Trent 1.45pm 65 28

29 Solicitors Accounts Rules Speaker: Val Steward Changes in the SAR rules and the focus of the reporting has led to some significant changes in the sector over the last few years. This course will focus on ensuring that firms are aware of the requirements and the approach to a more risk focussed review. Course contents The rule requirements The risk approach Completing the work To qualify or not to qualify Who should attend? Practitioners who act for solicitors Key benefits of attending Ensure participants are up to date with current practice and thinking. Course Dates: M719 Whitefield Golf Club, Manchester 9.45am W713 Britannia Hotel, Wigan 9.45am 90 29

30 Small Company Reporting in 2017 Speaker: Val Steward With the demise of the FRSSE practitioners are going to need to ensure that they have a full understanding of the impact that this will have on the reporting for small entities and also that they make the right choice for their clients Course contents The course will cover the following areas: The choices and who they apply to The main changes clients will face The steps that need to be taken Who should attend? Partners and managers in accounting firms who act for small entities Key benefits of attending This course will ensure that the participants can assist clients in the transition. Course Dates: M720 Whitefield Golf Club, Manchester 1.45pm W714 Britannia Hotel, Wigan 1.45pm S712 Best Western, Stoke on Trent 1.45pm 65 30

31 Managing the Transition to FRS 102 Speaker: Val Steward Many firms are still struggling with the issue of transition to the new accounting framework. This practical course will highlight the steps that need to be taken to ensure a smooth transition Course contents The following will be covered: The main transitional provisions How to calculate any adjustments How these are treated in the accounts Collecting the information Who should attend? Partners and managers in accounting firms who prepare accounts Key benefits of attending This course will help firms to focus on the issues around transitioning to a new standard. Course Date: S711 Best Western, Stoke on Trent 9.45am 65 31

32 Finance Act 2017 Update Speaker: Tony Jenkins OBJECTIVES A Finance Act Update is one of the most important seminars to attend for practitioners. This is an opportunity to quickly assimilate and understand all the relevant changes in the annual Finance Act. Next year s legislation will contain many provisions of significant and far ranging consequences and it is essential that you fully understand these provisions. These will include, inter alia, the changes to the taxation of non-domiciled individuals, the changes to tax administration for both taxpayers and HMRC to facilitate Making Tax Digital and other aspects arising from the new Chancellor s Autumn Statement and Budget. [This specification will be updated to reflect future developments.] By attending, participants will be inducted with the provisions of the Finance Act All of the major changes in the Finance Act will be highlighted and explained, in the context of those clients whose affairs will be affected. Potential planning opportunities and pitfalls will also be covered. Other current tax developments may also be included, depending upon the contents of the Draft Finance Bill. CONTENT Income tax rates and structure Other income tax changes Employment tax provisions and NICs Pensions Business taxes 32

33 Corporation tax changes Capital tax developments Indirect taxes Administration and miscellaneous Course Dates: M721 Whitefield Golf Club, Manchester 9.45am W716 Britannia Hotel, Wigan 9.45am S713 Best Western, Stoke on Trent 9.45am 65 33

34 Corporation Tax Update Speaker: Tony Jenkins Objectives This course is aimed at individuals who are involved in advising SMEs and those working within their own companies. With the increasing cost of penalties for mistakes it is important to be aware of changes brought about by statute or case law. Additionally there are major developments in the pipeline which affect smaller companies particularly. Other current developments in taxation will also be included as appropriate and as becomes relevant nearer to the course date. Content Changes in recent legislation relating to companies and their owners Developments in business tax including capital expenditure (CAPEX) Tax efficient extraction of profit Small company taxation Loan relationships Recent case law Relevant consultation developments Who Should Attend This course is specifically designed for all accountants and tax advisers at all levels who deal with the corporate tax affairs of corporate clients and their owners. Course Dates: M722 Whitefield Golf Club, Manchester 1.45pm W717 Britannia Hotel, Wigan 1.45pm S714 Best Western, Stoke on Trent 1.45pm 65 34

35 Money Laundering Update Speaker: Stephen McAlpine WHO DOES IT BENEFIT? Everyone working in an accountancy practice The course can act as a reminder to the experienced or as an introduction to those new to the subject. Everyone dealing with clients In particular those responsible for the setting up and monitoring of money laundering prevention. APPROACH Using a series of short case studies, delegates will be shown the common problems encountered under the anti money laundering regulations. WHAT ARE THE COURSE AIMS AND OBJECTIVES? At the end of this course the participants will: Appreciate the impact of the new Directive and Regulations Be aware of how recent and prospective changes in anti money laundering and counter terrorist financing regulations and practice will affect them and their firm Be able to consider the requirements for identification of clients under the new regime THE COURSE WILL COVER Introduction UK regulatory structure The Third and Fourth Money Laundering Directives Privileged Circumstances Suspicion or speculation Tipping off Prejudicing an Investigation Customer Due Diligence What is A Beneficial Owner? How to verify the identity of customers Internal procedures Reporting Suspicions 35

36 Post SAR actions Professional issues Course Dates: M725 Whitefield Golf Club, Manchester 9.45am W718 Britannia Hotel, Wigan 9.45am S717 Best Western, Stoke on Trent 9.45am 65 36

37 Practice Regulation Update Speaker: Stephen McAlpine What you will gain Confidence that you are keeping on top of your compliance obligations. You will have the opportunity of asking questions of our expert and well informed speaker. Who should attend Everyone in an accountancy practice responsible for the firm s compliance with professional standards. Content The course content is necessarily a response to changes in practice regulations and recent changes. However, it will typically include: Practice administration issues this session will draw on feedback from the professional bodies. It will typically include: o Practice communications developments affecting websites, letter headings, terms of business, marketing documents; o Regulatory compliance data protection, money laundering, DPB o Professional Indemnity Insurance o Dealing with client money Risk management and client service this session will look at practical aspects of servicing clients while ensuring the firm is not exposed to unexpected risks and will typically include: o Topical engagement/ disengagement issues o Topical reporting issues, including certificates and other confirmations o Recent professional guidance on risk management Practical problems and issues this session will review a selection of recent technical changes (last 2-3 years), providing a refresher on the key points and examining their impact in practice (Continued on next page) 37

38 Course Dates: M726 Whitefield Golf Club, Manchester 1.45pm W719 Britannia Hotel, Wigan 1.45pm S718 Best Western, Stoke on Trent 1.45pm 65 38

39 CGT Update and Practical Refresher Speaker: Barry Jefferd Whilst recent changes to the legislation have made the basic CGT computation more straight forward, the same cannot be said for maximising CGT reliefs. Too often planning can fail as the adviser trips up on a small but major point of the legislation. This course will cover:- Course Date: Practical CGT planning points Maximising entrepreneurs relief Obtaining investors relief Private residence relief do you really understand? Recent Tax cases Finance Act 2017 update M727 Whitefield Golf Club, Manchester 9.45am 90 39

40 Inheritance Tax and the Use of Trusts Speaker: Barry Jefferd Government receipts from IHT have been rising in recent years as more estates become liable to pay this tax. It is no longer acceptable for practitioners to ignore this tax and it should form an integral part of any tax planning review. The course will cover:- Making use of the nil rate band Transferable allowances The new main residence nil rate band Tax efficient lifetime giving Tax efficient wills The use of trusts as a planning tool and how they work in practice Finance Act 2017 update Course Date: M728 Whitefield Golf Club, Manchester 1.45pm 90 40

41 Financial Reporting for Charities Speaker: David Potts Objectives This course is designed to provide a summary of all the most important issues relevant for those involved in the preparation and management of charities and their accounts in the UK. Content The course will consider the following issues and topics: Charity financial statements under the new UKGAAP FRS 102 or the FRSSE Summary of key issues to consider for more special purpose vehicles o Incorporated v unincorporated o Trading subsidiaries of charities and FRS 102(1a) o UK variations - overview The Charities SORP additional guidance and obligations and current key issues Guidance for trustees and how to be a good trustee managing the risks The Charity Commission guidance on financial issues and controls Specific ethical issues Who Should Attend The course is suited to those looking for an update on current best practice and guidance available for preparing the financial statements of charitable entities in the UK. Course Date: M729 Whitefield Golf Club, Manchester 9.45am 65 41

42 Audit/ Accounts for Groups Speaker: David Potts Objectives This course is designed to provide a summary of all the most important issues relevant for those involved in the preparation or the audit of financial statements for groups of companies under UKGAAP. The main focus will be on the relevant issues for private groups. Content The course will consider the following issues and topics: Overview of relevant guidance Companies Act 2006 requirements, exemptions and specific disclosures required Small groups reporting under FRS 102 (1a) Consolidation and group accounts under FRS 102 the new treatment for goodwill and other intangibles and other relevant issues. Group disclosure exemptions for parent companies and subsidiaries under FRS 101 and FRS 102 New Companies Act disclosures for 2016 onwards The specific UK and Ireland International Standard on Auditing for groups and the key issues and recommendations key components and relying on the work of others Specific ethical issues Who Should Attend The course is suited to those looking for an update on current best practice and guidance available for preparing and or auditing financial statements of group companies in the UK. Course Date: M730 Whitefield Golf Club, Manchester 1.45pm 65 42

43 Acting for Doctors An Update Course Duration: 3 Hours Speaker: Deborah Wood OBJECTIVES The course will address the main changes affecting doctors working in the NHS in England, the impact of those changes on the services that accountants can offer in the sector and a consideration of common issues about which clients ask. CONTENT The content will include the following areas: The NHS environment, CCG interaction and independent provider organisations Contract changes: GMS/PMS/APMS and NHS standard contracts Locums and expense claims Property matters NHS Pension Scheme (the 1995, 2008 and 2015 schemes) Pension tax charges and protection Retirement issues Business structures Other topical tax matters WHO SHOULD ATTEND Accountants already acting for clients in the sector who are looking for a technical update and refresher. The content assumes some existing knowledge of dealing with clients in the sector and is primarily aimed at those dealing with doctors in general practice. Course Date: M731 Whitefield Golf Club, Manchester 1.45pm 90 43

44 Accounting Standards Update Speaker: Val Steward The aim of this course is to highlight changes that have occurred in the accounting which will impact on practitioners Course contents The course will cover a number of areas including: Accounting issues Legislation changes Who should attend? Partners and managers in accounting firms Key benefits of attending Participants will have a clearer understanding of the regulatory changes and the impact that it will have on their clients. Course Dates: M732 Whitefield Golf Club, Manchester 9.45am W723 Britannia Hotel, Wigan 1.45pm S721 Best Western, Stoke on Trent 9.45am 65 44

45 VAT Update Speaker: Phil Middlehurst As difficult as it is to predict what areas of VAT regulations will be topical at the end of 2017, and what regulation changes we can expect, what we can say for certain will broadly be covered in this seminar will be: The EU VAT framework Income and output VAT Expenditure and input VAT recovery VAT reporting and administration In the months before this December 2017 seminar we will release further details of the topics we anticipate will be covered. Course Dates: M733 Whitefield Golf Club, Manchester 1.45pm S722 Best Western, Stoke on Trent 1.45pm 65 45