CPD Specialist Course Programme

Transcription

1 Spring 2016 CPD Specialist Course Programme Specialist topics and niche areas Prices from 108 plus VAT 25% discount for Members Many courses free for MembershipPLUS

2 Welcome Our specialist course programmes are organised twice yearly in the spring and autumn. The programmes are planned in response to what is happening in the professional environment. There is no set pattern or regular programme as they address needs as and when they are identified. The programmes are designed to provide you with a selection of highly topical and specialist courses which are not usually found in our local CPD course programmes. Our presenters are very experienced and knowledgeable professionals and their delivery is always from a practical perspective. We don t just inform you about the facts but aim to interpret rules and regulations and explain how they will affect you and your clients. If you have any comments on our Spring 2016 programme or would like any more information on any of the courses please contact me on or hannah.howe@mercia-group.co.uk. Hannah Howe BA (Hons) ACA Training Events Manager How to book Key Online Book online at Send your request to enrolments@mercia-group.co.uk Phone Call a member of our enrolments team on Post Complete the booking form and return by post to Mercia Group Ltd Best House Grange Business Park Enderby Road Whetstone Leicester LE8 6EP Audit and Accountancy Not for Profit Assignments Niche Clients Tax Courses Tax Workshop IT Courses Course details, venues and timings can be found on pages 3-15 Mercia reserves the right to vary the published programme Course Programme Spring 2016 Page No. Course Birmingham Bristol Coventry Haydock High Wycombe London Nottingham Leeds Leicester Solihull 3 An Introduction to the Audit Manual 17 May 20 May 15 Apr 3 Audit Manual Refresher 7 Apr 25 Apr 21 Jun 3 Accounting for Groups & Reorganisations 5 May 11 Apr 20 Apr 4 Accounting for Tax Under FRS 102: Deferred and Current 9 May 22 Jun 25 May 4 An Introduction to Tax Accounting 14 Jun 15 Jun 9 Jun 4 Financial Instruments Under New UK GAAP 19 May 8 Jun 5 New UK GAAP for Small and Micro Entities: A Practical Workshop 10 May 9 May 7 Apr 5 Transition to FRS 102: A Practical Workshop 13 Jun 22 Mar 5 Academies: An Introduction 26 Apr 25 Apr 21 Jun 6 Academies: Audit & Accounts Update 27 Jun 4 Jul 5 Jul 6 A Practical Introduction to Charities 11 May 16 May 6 Charities: Helping Charity Trustees Meet their Responsibilities 19 Apr 16 May 7 Charities: Approaching the Charity Audit 19 Apr 16 May 7 Charities: Current Issues 5 May 12 Apr 11 Apr 20 Apr 7 Acting for Farmers: An Update 16 Jun 6 Jun 8 Acting for FCA Clients: A Refresher 25 Apr 6 Jun 8 Acting for FCA Clients: An Introduction 6 Apr 8 Acting for General Insurance & Mortgage Brokers 7 Mar 9 Acting for Doctors: An Update 21 Apr 27 Apr 9 Acting for Dentists: Introduction and Current Issues 21 Apr 9 LLPs: Current Issues 10 May 9 Jun 18 May 10 Pension Scheme Accounts: Current Issues and Refresher 10 May 9 Jun 18 May 10 Property Professionals: Acting for Estate Agents and Managing Agents 17 May 26 Apr 10 Solicitors Accounts: An Introduction to SRA Accounts Rules 3 May 23 May 11 SRA Accounts Rules Workshop 17 May 26 Apr 11 Solicitors Accounts Rules Update 28 Jun 16 Mar 7 Apr 24 May 11 Tax in the Construction Industry: A Refresher and Planning 14 Jun 6 Jun 12 Second Finance Act and Autumn Statement: A Review 26 Feb 22 Feb 12 Business Structures: Tax Issues 23 May 7 Jun 12 Advanced IHT and Trusts Update 26 May 5 May 13 International VAT Update 12 May 20 Jun 13 Share Options and Employment Related Securities 12 May 26 Apr 13 Share & Business Valuations 26 May 8 Jun 14 Auto Enrolment: Practical Developments and Emerging Issues 3 Mar 4 Mar 21 Apr 14 Tackling the Taxation Issues of Pension Planning 6 Jun 26 Apr 14 Back to Basics: Trusts 17 Jun 18 Mar 21 Mar 15 Payroll Update 3 Mar 4 Mar 21 Apr 15 Excel Formulae Fundamentals 16 Jun 22 Mar 28 Apr 15 Excel Data Tab and Pivot Table Tools 16 Jun 28 Apr 1 enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

3 An Introduction to the Audit Manual Speaker: Andrew Paul or David Smith, Mercia Group Ltd This is a one day course designed to introduce the audit manual documentation and procedures to partners and members of staff who are new to the system and who need to use it in practice. On completion of the course, participants will understand the documentation and how to use it in practice. Participants who have previously used alternative systems will be converted to, and made aware of the differences in, the approach of the Mercia Audit System. The course will cover the important procedures and identify which are mandatory and which can be amended under certain circumstances. Outline of the structure and content of the Mercia audit manual Introduction to the 7 stage approach to planning The planning process and documentation Implementing risk focused thinking not form filling The free-form planning memorandum How the audit programme works Electronic creation of tailored packs Obtaining minimum evidence through effective analytical procedures Proforma working papers The completion process and documentation Throughout the course, the papers and procedures are illustrated by a case study. Audit Manual Refresher Speaker: Jenny Faulkner, Mercia Group Ltd This is a half day course designed especially for those who already have experience of using the Mercia audit manual and wish to refresh their knowledge. The course is an excellent refresher on the key areas of the manual. On completion of the course, participants will establish how to use the system more effectively, efficiently and in line with the requirements of the standards. Review of the risk focussed audit approach Efficiency and tailoring tips, including creator Documenting ethical compliance and implementing safeguards Ensuring ISA compliance with risk assessment procedures including knowledge of the business, systems and controls, fraud and risks The free-form planning memorandum Proforma working papers Throughout the course, the papers and procedures are illustrated by a case study. All partners and staff who are involved in auditing. A basic knowledge of audit procedures and existing Mercia methodology is assumed. Accounting for Groups and Reorganisations Speaker: Phil Frost, Mercia Group Ltd This course will provide: A refresher of the key requirements for preparing group accounts, together with common issues arising An outline of the changes introduced by FRSs 101 and 102 under new UK GAAP An overview of the accounting issues when dealing with group reorganisations Companies Act 2006 requirements to prepare group accounts and the relevant exemptions Acquisition accounting especially fair values, goodwill and intangibles Non-controlling interests and the problem of subsidiaries with net liabilities Disposals of interests in subsidiaries Cash flow statements The impact of FRSs 101 and 102 ICAEW guidance on the preparation of group accounts Accounting for group reorganisations including new top-holding companies and hive-ups Partners and staff in firms who prepare or audit group financial statements. Accounting for Tax Under FRS 102: Deferred and Current Speaker: Jo Houghton, Mercia Group Ltd Accounting for taxation, both current and deferred, changes significantly under FRS 102. In this course we will review the changes to tax accounting under FRS 102 and examine how they impact on specific parts of the financial statements. Review of the changes under FRS 102 Impact on current tax calculation Changes in deferred tax calculations Impact on: - Revalued properties - Loan relationships and foreign exchange contracts - Goodwill and other intangibles - Long term employment provisions - Business combinations - Lease incentives Transitional period Disclosure Partners and staff requiring a detailed knowledge of accounting for tax under the new accounting regime. An Introduction to Tax Accounting Speaker: Jo Houghton, Mercia Group Ltd Accounting for tax can sometimes fall in the gap between tax knowledge and accounting skills this workshop will start from scratch to build an understanding of how to calculate and account for both current and deferred tax. The course will start from explaining basic concepts and move through to the accounting entries and disclosures required. The workshop will be based on a case study of practical examples. The course will be based on new UK GAAP under FRS 102. Course topics will be explained using practical examples with fully detailed calculations and journal entries. Topics covered include: Accounting for the current year tax charge including any overseas elements and uncertain tax positions Understanding the principles and methodology of timing differences when calculating deferred tax Accounting for deferred tax assets and liabilities Practical examples of specific timing differences and deferred tax including fixed assets, pensions, share based payments, business combinations and revaluations Presentation and disclosure of current and deferred tax in company financial statements Correcting under and over provisions of tax in prior years Accounting for tax in the year of transition to FRS 102 Financial Instruments Under New UK GAAP Speaker: Bill Telford, Telford Financial Training New UK GAAP revolutionizes the treatment of financial instruments, and contrary to misconceptions, all clients have some. In this practical workshop we will enable delegates to identify, classify and account for the usual financial instruments included in company financial statements. What are financial instruments? How are they classified? Recognising, measuring and derecognising financial instruments under FRS 102 and 105 Understanding the tax treatment Auditing financial instruments The financial instruments covered will include: Foreign currency contracts Forward currency contracts Interest rate swaps Loans at market and non-market rates Sales on deferred credit terms Partners and staff involved in preparing and auditing company accounts plus finance directors and controllers. All partners and staff who are involved in auditing. Please note that a basic knowledge of audit procedures is assumed so this course is not ideal for new recruits with no previous audit experience. CPD HOURS - 6 Staff involved in the preparation and audit of tax accounting in limited company accounts. The course is suitable for those who are new to accounting for tax and those who need a refresher of tax accounting. Participants should have a good basic knowledge of corporation tax, accounting and double entry bookkeeping. CPD HOURS April am pm London - Park Crescent Conference Centre 17 May am pm 20 May am pm 7 April am pm 25 April am pm 21 June am pm 11 April am pm 20 April am pm 5 May am pm 9 May pm pm 25 May pm pm High Wycombe - Adams Park Conference Centre 22 June am pm 9 June am pm 14 June am pm 15 June am pm 19 May am pm 8 June am pm 3 enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

4 New UK GAAP for Small and Micro Entities: A Practical Workshop Speaker: David Smith, Mercia Group Ltd With the removal of the FRSSE in 2016, this practical workshop covers key considerations when assessing the most appropriate financial reporting framework to adopt as part of the new UK GAAP regime for small and micro entities. This case study-based workshop includes comparisons between adoption of the micro (FRS 105) and small (Section 1A of FRS 102) regimes. The course will focus on the following areas: Accounts disclosure and filing requirements Accounting for investment properties Shareholder loans Non-market rate transactions Deferred taxation FRS 105 and FRS 102 (Section 1A) transition Loans and finance leases Other differences and policy options Needs of the users of accounts Views on truth and fairness All partners and senior staff advising small and micro-entity clients in this area. Transition to FRS 102: A Practical Workshop Speaker: Jeremy Williams or Phil Frost, Mercia Group Ltd FRS 102 will introduce a number of accounting policy changes for all non-small (and, it is likely, small) entities when it is first adopted. Most of these changes will require prior period adjustment. This workshop will consider some of the practical adjustments that will arise and the options open to entities on transition. As well as an overview of the key changes, the workshop will use case study examples and exercises to help participants get to grips with the practical issues involved. Overview of the key changes in New UK GAAP Investment properties Intangibles and business combinations Basic financial instruments Forward contracts, swaps and options Government grants Lease accounting Deferred tax Employee benefits The transitional exclusions and options Since it is likely that most if not all the recognition and measurement principles of FRS 102 will apply to all entities from 2015, this course is suitable for all audit and accounts teams. Academies: An Introduction Speaker: Jenny Faulkner, Mercia Group Ltd This course will provide staff with an introduction to the academies sector and a summary of the key governance, financial reporting and assurance requirements relating to academies. An introduction to the Academies Financial Handbook Academy financial reporting requirements, the charities SORP and the annual Accounts Direction Common accounting issues Common auditing issues such as using experts, laws and regulations and accounting estimates The course is ideally suited to staff who are new to, or practitioners seeking to act for, academy clients. Academies: Audit & Accounts Update Speaker: David Smith, Mercia Group Ltd This course will provide a timely and informed update on the key issues facing academy accountants and auditors in 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 The course is suited to those looking for an update on developments within the academies sector. A Practical Introduction to Charities Speaker: Andrew Paul, Mercia Group Ltd Acting for charities is high profile work as there is generally a wider public interest in the charity than in a commercial company assignment, as well as accountability to the regulator. It is difficult to know if the accounting and external reporting requirements are being achieved unless you understand what they are. On completion of this course participants will understand what the rules and regulations concerning charities are and understand how to act for charities in practice. Overview of charity legislation for charities The accounting and reporting requirements of Charities Act, Companies Act and SORP 2015 (focused on FRS 102) Fund accounting The Statement of Financial Activities and other accounting requirements Recognition of incoming resources The trustees report The role of the independent examiner The role of the auditor The full day course will be a combination of lecturing, case studies, discussions and questions designed to ensure as much information is retained as possible. The course is aimed at those who act for charities. It is suitable for people with little or no experience of charities work. However, it will provide a useful recap for those who have not been involved in such work recently but who would like an update on the latest accounting and reporting requirements. Charities: Helping Charity Trustees Meet their Responsibilities Speaker: Kris Taylor, Mercia Group Ltd The course is designed to examine key areas where participants might be asked to advise or give guidance to charity trustees. It will also examine real life examples of trustees reports to explore how charities of varying sizes have dealt with the issues. The course is not aimed towards those with extensive knowledge of the sector. Trustees responsibilities - what the Charity Commission expects Payments to Trustees Providing and reporting on public benefit Charitable reserves Risk assessment procedures Reporting to the Charity Commission The course will be a combination of lecturing, case studies, discussions and questions. Reference will be made to Charity Commission publications, operating guidance, inquiry reports and other publications where appropriate. The course is aimed at those who act for charities as accountants, examiners or auditors. It is suitable for people who already have some experience of charities work and who, therefore, have a grasp of the basic principles. It will not be suitable for those who have extensive current experience of such assignments, who should consider attending Charities: Current Issues. It is not suitable for anyone with extensive experience of such assignments who should consider attending Charities: Current Issues. CPD HOURS April pm pm 9 May pm pm 10 May pm pm 22 March am pm 13 June am pm 25 April pm pm 26 April am pm 21 June pm pm 27 June pm pm 4 July pm pm 5 July pm pm Birmingham - IBIS (city centre) 11 May am pm London - Park Crescent Conference Centre 16 May am pm 19 April am pm 16 May am pm 5 enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

5 Charities: Approaching the Charity Audit Speaker: Kris Taylor, Mercia Group Ltd The course is designed to identify key areas associated with charity audits for those who have so far had limited exposure to this specialist area. We will also review practical problems encountered by charity auditors in applying current legislative, accounting and auditing requirements. Planning issues: Appointment including engagement letters and ethics Fraud Communication Permanent file including related parties, using experts, service organisations and accounting estimates Fieldwork specific issues: Audit approach to income Audit approach to expenditure specifically considering allocation Branches and groups Transition to new SORPs Completion matters including audit reports Reporting to the regulator The course will be a combination of lecturing, case studies and discussions and will combine common problem areas encountered by charity file reviews. Reference will be made to Charity Commission publications, operating guidance, inquiry reports and other publications where appropriate. Charities: Current Issues Speaker: Phil Frost, Mercia Group Ltd This three hour update will cover developments in accounting and auditing for charities as well as topical regulatory issues. SORP practical issues faced by accountants and how to resolve them The future and successor of the FRSSE SORP Practical implications of the increase in the charity audit threshold Top tips for a successful independent examination Common issues when auditing charities - a file reviewer s perspective Update on recent Charities Commission guidance and consultations All partners and senior staff requiring an update in this area. Acting for Farmers: An Update Speaker: Charles Cowap This course aims to give participants a general understanding of farmer clients, the pressures they are under and how we act for them. It will consider a wide range of aspects with an emphasis on the planning opportunities associated with the taxation of farmers. Tax planning around the 50% income tax - the farm company It was there before - the emphasis of tax relief on renewals Capital allowances and the farm buildings - maximising the claim Balfour and the mixed estate - don t tip the balance with investment properties Tax planning around Renewable Energy Diversification - tax planning impact Equine angles - protecting the stud income tax relief IHT relief and commerciality Farmhouse update - Golding VAT update - Forster, diversification, equine Woodlands - potential value and profit GAAR CAP Reform post 2013 The corporate partner - use of the corporate structure Partners and senior staff requiring an update in this area. Acting for FCA Clients: A Refresher Speaker: Jeremy Williams, Mercia Group Ltd This course is designed to refresh delegates on the FCA regime and to ensure that they are up to date with all the latest FCA developments and rule changes. It will also revisit key accounting, audit and assurance issues and any new FRC, ICAEW and ACCA pronouncements in this specialist area. This course will cover: A refresher on the regulator s role FCA rule changes affecting accountants New FRC, ICAEW, ACCA and FCA pronouncements The FCA website including a refresher on key FCA rules Practice assurance and/or audit regulations Guidance on the preparation of accounts and/or the statutory audit of FCA regulated businesses CASS assurance responsibilities An overview of the Mercia specialist assignment manuals (SAMs) for FCA assignments Anyone who has clients who are regulated by the FCA and would like a reminder and update of the rules affecting them. Acting for FCA Clients: An Introduction 265 plus VAT per place (including lunch) 50 for MembershipPLUS Speaker: Jeremy Williams, Mercia Group Ltd Financial services firms including asset managers, stockbrokers, financial advisers and mortgage/ insurance brokers are regulated by the FCA. This course is designed to introduce delegates to the FCA regime and to ensure that they have the compliance procedures and knowledge to comply fully with the rules and undertake audit and accounts work effectively. This course will cover: The key rules of the FSMA 2000 The roles of the FCA and PRA as regulators Part 4A authorisation and categories of firm The FCA Handbook and website Statutory audit and accounting requirements Overview of the financial resources rules for retail firms CASS (client money and assets) assurance requirements RMAR reporting requirements CASS assurance rules and auditors work Audit exempt work Whistleblowing requirements Risk and common errors Anyone who has clients who are regulated by the FCA and wants to get a thorough understanding of the rules and accounts/audit requirements. CPD HOURS - 5 Acting for General Insurance & Mortgage Brokers Speaker: Jeremy Williams, Mercia Group Ltd The objectives of this course are to ensure that all auditors of mortgage and general insurance brokers (MGIs) understand the FCA regulatory environment and the procedures they must adopt to comply with their responsibilities to both the client and the FCA. An overview of the regulator s role for MGIs Which activities require regulation? Statutory audit and CASS (client money) assurance requirements CASS 5 rules and guidance for auditors including APB Bulletin 2011/2 and FRC Bulletin 3 Overview of proposed CASS 5A Rules Financial resources for MGIs Reporting and whistleblowing requirements Accounting requirements for audit exempt clients New FCA and other regulatory developments All partners and staff who have general insurance and mortgage broker clients and who are involved in the accounts, audit or tax affairs of these clients. The course is aimed at those who wish to understand what is involved in the audit of a charity. It is suitable for people who already have some experience of charities work and who, therefore, have a grasp of the basic principles. It will not be suitable for those who have extensive current experience of such assignments, who should consider attending Charities: Current Issues. 19 April pm pm 16 May pm pm 11 April pm pm High Wycombe - Adams Park Conference Centre 12 April pm pm 20 April pm pm 5 May pm pm 6 June pm pm Bristol - Bristol Golf Club 16 June pm pm 25 April pm pm 6 June am pm 6 April am pm 7 March pm pm 7 enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

6 Acting for Doctors: An Update Speaker: Deborah Wood, Moore and Smalley 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. 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 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. Acting for Dentists: Introduction and Current Issues Speaker: Alan Suggett, UNW LLP To provide a background of issues arising since 2006 and an overview of future matters, together with a review of current financial issues and planning to be considered when acting for dental practitioners. The 2006 NHS contact and future evolution Current and future developments in the NHS and Private sector Practice valuation overview and principles Dental practice P&L overview Dental business structures Practice sale issues NHS Pensions for dentists Dental associates earnings and status The course is designed as an introduction for those who haven t acted for dentists previously, either principals or team members, as well as a refresher and update for more experienced practitioners wishing to develop their knowledge. LLPs: Current Issues Speaker: Peter Herbert, Insight Training This three hour seminar will provide an in-depth insight into the LLP SORP, from both an accounting and audit perspective. Practical examples will be used throughout to deal with the issues accountants most often struggle with. A key topic for this year s seminars will be the impact of the new LLP SORP effective for accounting periods commencing on or after 1 January The course will include: The legal framework for LLPs Conversion to an LLP accounting and audit implications Accounting for members interests and remuneration LLP financial statements key tips and traps The impact of FRS 102 and the new LLP SORP Revenue recognition and work in progress in LLPs Consolidated accounts and business combinations affecting LLPs Applying small and micro entity legislation when accounting for LLPs Common problem areas when auditing LLPs and how to resolve them The seminar is targeted both at accountants who are new to accounting for and auditing LLPs and those who need a refresher and update. Pension Scheme Accounts: Current Issues and Refresher Speaker: Peter Herbert, Insight Training This three hour course looks at the accounting and auditing issues faced by accountants acting for occupational pension schemes. Practical examples are used throughout to deal with the issues accountants most often struggle with. The course will consider the impact on pension scheme accounts of the new Pensions SORP effective for accounting periods commencing on or after 1 January Content will include: The legal framework for occupational pension schemes The form and content of occupational pension scheme accounts Common problem accounting areas - and how to resolve them The impact of FRS 102 and the new pension scheme SORP The auditor s report and the auditor s statement on contributions Reporting to regulators (including whistleblowing) Common deficiencies on pension scheme audit files - a file reviewer s perspective Regulatory hot topics The course is targeted both at accountants who are new to accounting for and auditing occupational pension schemes and those who need a refresher and update. Property Professionals: Acting for Estate Agents and Managing Agents Speaker: Kris Taylor, Mercia Group Ltd Providing services for estate agent and managing agent clients can be a complex business. Any estate agent holding clients money from transactions covered by the Estate Agents Act must apply The Estate Agents Accounts Regulations. In addition there are membership rules where estate agents are members of the Royal Institution of Chartered Surveyors (RICS), the National Federation of Property Professionals (NAEA or ARLA) or the National Approved Letting Scheme (NALS). Specialist managing agents may need to comply with membership rules either of one of the above organisations or of the Association of Residential Managing Agents (ARMA). They may also need to provide a report on Service Charge Accounts to tenants of blocks managed by them. The aim of this course is to enable participants to understand not only what the rules are, but also to understand how estate agents should conduct themselves in practice. A brief review of the limited current guidance available in respect of the statutory accounts of Residential Management Companies will be included. The content will include: Regulation (EAAR) and Membership requirements (RICS, NAEA, ARLA, NALS and ARMA) The interaction of the rules for members of more than one regulatory body Common errors made by estate agents in dealing with clients money Reporting on Service Charge Accounts law and practice Solicitors Accounts: An Introduction to SRA Accounts Rules Speaker: Sally Hutchings, Mercia Group Ltd The report required by the SRA under the SRA Accounts Rules 2011 is one of the more onerous tasks of the independent accountancy practice. Continuing shortages of clients money has led the SRA to look carefully at the role of the accountant. It is very difficult to check that a Solicitor is complying with those rules unless you understand what the current rules are. On completion of this course participants will not only know what the rules consist of and what they say but will also understand what they require a Solicitor to do in practice. The content will include: Outline of client money rules Operation of client account Deposit interest Accountant s report requirements Case studies illustrating workings of rules including examples of: Client monies, cash book and ledger accounts Disbursements (professional and other) Transfers of costs Problem areas The course is aimed at those who undertake the work on Solicitors records. It is suitable for people with little or no experience of Solicitors work. An understanding of accounting principles is required. CPD HOURS - 6 Other laws and regulations that affect the estate agent in practice This course is aimed at staff new to dealing with estate agent clients and those who want to revisit the requirements and their implications. 21 April am pm 27 April pm pm 21 April pm pm 10 May am pm 18 May am pm 9 June am pm 10 May pm pm 18 May pm pm 9 June pm pm 26 April am pm 17 May am pm 3 May am pm 23 May am pm 9 enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

7 SRA Accounts Rules Workshop Speaker: Kris Taylor, Mercia Group Ltd The SRA Accounts Rules 2011 require reporting accountants to undertake specific and detailed checks on solicitors compliance with the Rules. It is common for firms to have only a small number of these assignments so a refresher on a regular basis is likely to be of benefit to staff undertaking these assignments. The course is predominantly case study based and will cover the life-cycle of an SRA Accounts Rules assignment from planning issues to completion and reporting. Case studies will be interspersed with formal lecturing to ensure a thorough refresher of the regulations. The course is aimed at those who undertake the work required to report to the SRA on compliance with the SRA Accounts Rules. It is suitable for people who are involved in the fieldwork on these assignments and is designed to act as a refresher/update on the SRA Accounts Rules. It is not suitable for people with no prior experience of SRA Accounts Rules as a basic level of awareness is required. Those seeking an introduction to the Rules are advised to attend An Introduction to the SRA Accounts Rules course. Solicitors Accounts Rules Update Speaker: Sally Hutchings, Mercia Group Ltd This course will cover recent changes to the Reporting Accountant Requirements and look ahead to proposed future changes. It will also provide a useful refresher of the SRA Accounts Rules. In May 2014, the SRA issued a consultation document proposing radical changes to the Reporting Accountant Requirements. The first phase of these changes came into effect in October 2014 with further changes with effect from November 2015 and changes to the rules themselves expected in This course will cover those changes and ensure that the Reporting Accountant is aware of their impact. The SRA Accounts Rules 2011 are extremely detailed and although they currently remain largely unchanged it is essential that everyone involved in such assignments is fully aware of their requirements. This course will also provide a useful refresher of those rules and the accountant s reporting responsibilities. All those with an understanding of the Solicitors Accounts Rules and who need to update their knowledge, including on the recent and proposed changes. Tax in the Construction Industry: A Refresher and Planning Speaker: Tim Palmer, Palmer Training Limited The course will provide a detailed insight into how the Construction Industry Scheme works in practice and explains the tax responsibilities and roles of both the contractor and subcontractor. Participants will gain an understanding of the current CIS tax rules and administration requirements. The full practical impact of tax and CIS will be considered, together with an update on recent developments. This course will cover: The CIS tax responsibilities of both the contractor and subcontractor under the current CIS regime Verification and the steps contractors have to take The dealings the contractor will have with HMRC The monthly CIS return: its completion and filing The impact on the subcontractor Is the subcontractor really self-employed? Current problems facing contractors and subcontractors What really are construction operations Who are within the scheme and who are not The proposed HMRC changes to the current CIS tax regime Second Finance Act and Autumn Statement: A Review Speaker: Mark Morton, Mercia Group Ltd 2105 saw a General Election, two Budgets, an Autumn Statement and many changes to the tax system. This 2 hour course will consider certain important changes in the first Finance Act 2015, the content of the second Finance Act 2015 and also proposals for next year. The course will cover: HMRC proposals for digital self-assessment Changes to the taxation of dividends and interest Pension changes ER changes and implications Changes for landlords of residential property Tax practitioners requiring an in-depth look at the second Finance Act 2015 and Autumn Statement. CPD HOURS - 2 Business Structures: Tax Issues Speaker: Martyn Ingles, Ingles Tax & Training Ltd The best structure for start-up businesses is not necessarily appropriate as the business grows and it will often be necessary to review and possibly revise the structure in the future. The business structure chosen will also have an impact on the tax treatment of the eventual sale or exit from the business. You should gain an understanding of the most appropriate tax structure at various times in the life cycle of a business and the need for a periodic review of the most appropriate structure. The course will consider in particular the anti-avoidance measures targeting partnerships and LLPs with non-individual members. The course will include: Tax advantages of limited companies Tax treatment of partnerships and LLPs Incorporation of the partnership - comparison of company with LLP Tax implications of demerging the business Selling the business - tax implications of different structures Accountants in general practice who advise on different business structures. Advanced IHT and Trusts Update Speaker: Robert Jamieson, Mercer & Hole Chartered Accountants The purpose of this new course is to examine, and comment on, a number of topical IHT issues at a reasonably high level. In particular, consideration is given to the latest set of rules for dealing with property which is added to several trusts simultaneously these operate with effect from 6 April Plan C for relevant property trusts Accumulations of income and FA 2014 IHT planning on the creation, and during the life, of relevant property trusts The impact of S162B IHTA 1984 Deathbed planning rights issues Technical guidance on business relief with reference to partnership interests and surplus cash Furnished holiday lettings and services provided Related property planning Partners and staff who give personal tax advice on IHT and trusts. CIS penalties Current IR35 issues facing the construction industry Practical CIS planning General overview All accountants and tax advisers who have clients in the Construction Industry and also those accountants in industry who need a detailed CIS tax refresher. High Wycombe - Adams Park Conference Centre 16 March am pm 7 April pm pm 26 April pm pm 17 May pm pm 24 May pm pm Haydock - Haydock Park Racecourse 28 June pm pm 6 June pm pm 14 June pm pm Leicester - Leicester City Football club 22 February pm pm 26 February am pm 23 May pm pm 7 June am pm 5 May pm pm 26 May am pm 11 enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

8 International VAT Update Speaker: Simone Hurst, VATease International VAT is very similar to trying to understand a foreign language in that it can all sound like gobbledegook at times! This course will break down the rules to an understandable level starting at the basics and building from there to ensure that these complex rules start to make sense. The course will be full of practical examples to aid comprehension. The course will cover: The VAT treatment of place of supply of service rules aka the VAT treatment for exports of services Imports of goods from the EC and beyond Imports of services Exports of goods to the EC and beyond EC sales lists Intrastat background Triangulation Distance selling regulations Senior staff and partners who need to have an understanding of the operation of VAT and international transactions in goods and services. Share Options and Employment Related Securities Speaker: David Craddock, The Professional Training Partnership The course provides an understanding of current legislation on employee share schemes and Employment Related Securities. The outline of the main employee share schemes How do Enterprise Management Incentives work Using Company Share Option Scheme as an alternative What is meant by Employment-Related Securities How to identify Restricted Securities and apply the tax treatment When to make an election under Section 425 or Section 431 Addressing valuation matters on Restricted Securities Securing tax advantages on long-term incentive schemes How to calculate charges for conditional shares Anti-avoidance provisions where transactions are not at market value When do notional loans arise under the employment-related securities legislation Post-acquisition benefits from securities Careful structuring of Alphabet Shares arrangements How does the employment-related securities legislation impact on earn-outs What are growth shares Taking responsibility for the Form 42 completion and submission Share & Business Valuations Speaker: Jenny Nelder, Bruce Sutherland & Co To provide an understanding of the fundamental concepts of valuation, issues arising, the differences in approach for tax & other purposes and how to minimise your risk. Valuation principles and methodologies Factors affecting valuation The role of the valuer Approaches to giving advice to minimise risk Valuing different sizes of shareholdings The difference between valuation for commercial and fiscal purposes Principles from statute & case law, for tax and other valuations Valuations for tax purposes: - Negotiating with HMRC - shares and assets valuation - The information standard - Valuation of employment related securities - Valuing shares at 31 March 1982 or other base dates Goodwill on acquisition Partners, managers and staff who may become involved with share and business valuation issues, whether in practice or in industry, and for all purposes, including sales and purchases, disputes, tax, employee share awards, incorporation, divorce and other. Auto Enrolment: Practical Developments and Emerging Issues Speaker: Shan Hughes, Mercia Group Ltd Under automatic enrolment employers are required to enrol qualifying individuals into a workplace pension scheme and make pension contributions for them. The changes are being phased in based on employer size and larger employers are now operating automatic enrolment. For the small and micro employer (SME) sector, 1 June 2015 heralded the arrival of the first mandatory auto enrolment staging date. Over 1.3 million SMEs will auto enrol between 1 June 2015 and 1 April 2017! Understanding this key change is essential to ensuring that SME businesses are prepared as there are a wide range of issues to understand and consider. This workshop has been designed to outline the essential framework of what you need to know and how the process works and will include any new developments affecting the SME sector. Specifically the content will include: Planning issues for advisors Staging dates Types of worker and their relevance for employer duties Identification of a worker OMB company scenarios Exceptions from auto enrolment Communication requirements Choosing a pension scheme Financial contributions and certification options Postponement issues including opting in and out Administering the auto enrolment process Declaration of compliance and penalties Tackling the Taxation Issues of Pension Planning Speaker: Pat Nown, Mercia Group Ltd Recent developments have seen substantial changes to the rules for accessing money purchase pensions and the treatment of funds remaining on death. These changes have increased the attractiveness of pension and estate planning by individuals. At the same time the tax relief restriction on annual pension contributions continues to be under the spotlight. This combined with a further reduction in the Lifetime Allowance puts constraints on tax efficiency and can result in tax charges. In addition the new state pension arrangements come into operation from April The course aims to examine the detailed rules involved in providing for and accessing a pension taking into account the tax impact of alternative courses of action. Planning issues will be incorporated. Pension contributions and tax relief The Annual allowance Understanding the Lifetime allowance Accessing money purchase pension funds The taxation of death benefits and the impact on estate planning The new state pension Reform of pension tax relief developments All those advising personal tax clients in relation to compliance and tax planning matters in this area. Back to Basics: Trusts Speaker: Pat Nown, Mercia Group Ltd To introduce the basic principles of trusts and the computations necessary for trust tax compliance. This course does not cover tax planning ideas using trusts. The course will include: Types of trusts and their uses Income tax computations for different types of trust Capital Gains Tax occasions of charge and computation aspects CGT reliefs and trusts Types of trust for IHT Occasions of charge for IHT Principal and exit charges Administration Case studies This course is aimed at members of staff who require a basic understanding of trusts and how personal taxes apply to trusts. This course will also be suitable for staff members who deal with the tax compliance of trusts but who have come to rely on computer software to get things right. The course is not suitable for those new to the profession as participants require a working knowledge of income and capital gains tax and some understanding of IHT concepts. Participants should bring a calculator. CPD HOURS - 6 Interaction between the elections and the corporation tax deduction Examples will be used as appropriate This course is intended for those advising clients who are owner-directors, whose companies are involved in share transactions with employees, including directors. All those requiring an understanding of how this will operate and the processes required to enable clients to fulfil their responsibilities. 12 May pm pm 20 June pm pm 26 April pm pm 12 May am pm 26 May pm pm 8 June pm pm 3 March am pm 4 March am pm 21 April am pm 26 April am pm 6 June am pm 18 March am pm 21 March am pm Haydock - Haydock Park Racecourse 17 June am pm 13 enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

9 Payroll Update Speaker: Shan Hughes, Mercia Group Ltd To ensure participants are aware of current payroll issues and forthcoming changes. The course will include an update on Real Time Information (RTI) procedures as all employers will have to operate under RTI following the end of HMRC s relaxation for small employers. Recent and forthcoming changes in legislation affecting PAYE and NIC An update on RTI procedures Pensions Auto Enrolment compliance An update on statutory payments Case studies may be used as appropriate. This course is suitable for those participants who have a reasonable working knowledge of payroll issues. 3 March pm pm 4 March pm pm 21 April pm pm Excel Formulae Fundamentals Speaker: Mike Rees, Mercia Group Ltd To provide hands-on training on Excel formulae, from basics through to advanced. To assist staff in improving their productivity and confidence in using the Excel formulae. Please note that some of our other Excel courses also cover some of the formulae used on this course. Range names (Named ranges) SUM and SUMIF IF and nested IF LOOKUP, VLOOKUP and HLOOKUP COUNT, AVERAGE and RANDOM SUMPRODUCT INDEX, MATCH, CHOOSE Array (CSE) formulae New Excel 2010 formulae SUMIFS, COUNTIFS, IFERROR,AVERAGEIF and AVERAGEIFS Case, Text and String formulae Formulae Auditing Tools The course is particularly aimed at those who are either self-taught, or have not had the benefit of any structured Excel training. Also, more senior members of staff who do not usually go on our hands-on all day Excel courses would benefit. Whilst Excel 2010 will be used on the course, most of the formulae covered are compatible with prior versions of Excel apart from those specifically mentioned in the detailed breakdown below. (Numbers limited to 12) High Wycombe - Adams Park Conference Centre 22 March am pm 28 April am pm 16 June am pm Excel Data Tab and Pivot Table Tools Speaker: Mike Rees, Mercia Group Ltd Many firms have been using Excel for some time now, but are they getting the best out of the software particularly bearing in mind the new features incorporated over successive versions? This hands-on half day course will include an in-depth look at the Excel 2010 Data tab and Excel pivot table options. Therefore, we will be covering some of the more advanced Excel features that firms could be using to their advantage, including creating refreshable worksheets, putting controls into workbooks using the various data validation options and analysing and summarising large amounts of data using the database and pivot table tools. Sorting Database - Autofilter and Advanced filter Data validation options Text to columns Goal-seeking, Data Tables and Solver add-in Outline options and Grouping Pivot tables Get external data linking to other databases, such as Sage 50 and Access Creating refreshable worksheets and an introduction to MS Query Participants should be familiar with Excel, and have at least 6 months practical experience in using the package on a day to day basis. Users who are upgrading from previous versions of Excel will also find this course of use, as many of the features have been enhanced. Current version used on this course: Excel 2010 (Numbers limited to 12) 28 April pm pm 16 June pm pm The Speakers Charles Cowap Charles is a Chartered Surveyor and Education Specialist with over 30 years experience of new developments in rural estate management and valuation, from the emergence of management agreements under the Wildlife and Countryside Act 1981, the arrival of Milk Quotas in 1984 to localism, social media, ecosystem markets and new forms of asset valuation in He is now a leading analyst and interpreter of the latest developments for the profession and the rural economy through his work with RICS, CAAV, Harper Adams University and with other organisations and clients. David Craddock David is by training an economist, an accountant, a tax practitioner and a human resources practitioner. He also has significant experience in corporate management. He holds an M.A. and a B.A. in Philosophy, Politics and Economics from University College, Oxford and has acquired over 25 years experience in the field of employee share schemes. David is a member of The Institute of Directors and The Federation of Tax Advisers. Jenny Faulkner BA (Hons) ACA Jenny joined Mercia following five years in practice with Deloitte, where she was also involved in the delivery of audit and accounts training programmes. As part of Mercia s technical team she lectures on a range of audit and accounts courses, as well as carrying out peer reviews. Phil Frost BA ACA Phil started lecturing in 1983 having qualified with Coopers & Lybrand in Sheffield. He was the midlands regional director of Financial Training before joining Mercia in He lectures to the accounting profession on accounting, auditing, and related legal and regulatory topics. Peter Herbert Peter qualified as a chartered accountant with KPMG. He worked for The Financial Training Company for 6 years, the last three as a senior manager in the London office, responsible for developing courses for corporate clients. Peter presents courses to accountancy firms, companies and financial institutions. Peter s areas of technical expertise are financial reporting, auditing and practice regulation. He also writes and delivers financial analysis and personal development programmes for a range of blue chip and private companies. Jo Houghton Jo trained and qualified with Coopers and Lybrand in Business Services and then moved into Corporate Tax. After leaving Coopers she spent several years working in industry in the tax department of a large multi-national group before moving back into practice at PwC. In the later years of her time at PwC Jo worked in the tax section of the national training department. She is also a Qualified Teacher. Shan Hughes CTA ATT Shan joined the tax team at Mercia from practice in 1999 and has lectured extensively throughout the UK on a variety of tax and personal skill professional development courses. Simone Hurst Simone Hurst is a practising VAT consultant of many years standing. She began her VAT career as the youngest ever direct entrant Executive Officer in HM Customs & Excise, working as a VAT control officer before moving on to manage an In-House VAT practice for a firm of accountants in Yorkshire and then working for one of the Big 4 firms. She now runs her own independent VAT practice, VATease. As Principal Consultant, Simone now travels the country presenting seminars and training sessions to a number of organisations as well as operating a VAT helpline service supporting accountancy/legal practices and business alike. Sally Hutchings BSc ACA Sally trained and qualified with Deloitte & Touche, before joining Mercia in 1992 as a member of the audit and accounts team. Sally s role includes presenting audit and personal development courses, providing technical support and peer reviews. Martyn Ingles FCA CTA Martyn qualified as a Chartered Accountant in 1982 and trained in taxation with an international firm. He has been a partner in a medium-sized firm of accountants and now runs his own tax consultancy. In addition to being a highly-experienced presenter, Martyn has also written many articles for specialist tax publications. Robert Jamieson MA FCA CTA (Fellow) Robert is a tax partner with Mercer & Hole with over 30 years experience in tax training. He spent 20 years with Financial Training, responsible for their specialist tax course and consultancy division. He now combines his practice work with speaking commitments. Mark Morton BA CTA ATT Mark joined HMRC in 1989 and undertook their full training exams. In 1996 he was made Deputy District Inspector for the Derby area and had detailed experience of all types of Revenue enquiries. Mark joined Mercia as an experienced lecturer and now provides a wide variety of CPD training around the country. He is also a well known contributor to professional publications and provides technical consultancy to the accountancy profession. Jenny Nelder BA FCA FTII Jenny is a partner in Bruce Sutherland & Co, an independent firm of unquoted company share and business valuation specialists. She has been involved in valuing shares and businesses for many different purposes since She lectures on the subject for a number of professional bodies. Pat Nown ACA CTA ATT Pat joined Mercia in 2008 as a tax lecturer bringing a wealth of experience with her. She worked for many years with FTC Kaplan where she was Tax Product Director for the Midlands and has been a tax lecturer for many years both for exam based training and for the profession in general. Tim Palmer CTA ATT Tim Palmer lectures on a wide variety of taxation and NIC subjects. He also writes regular magazine articles for the leading taxation publications. Andrew Paul ACA Andrew joined Mercia in 1999 as part of the Audit and Accounts technical team. At the end of 2012 he left to work in Rwanda for six months, helping to build the capacity of finance teams working in the healthcare sector. On returning to the UK, Andrew held the post of Finance Manager for Compassion UK, a 30m+ income Charity. Andrew returned to Mercia in Autumn He lectures and consults on a wide variety of audit and accounting areas. Mike Rees MBCS CITP Mike joined Mercia in 1991 having previously worked with one of the Big 5 firms providing IT consultancy to a variety of clients. His role within Mercia includes providing training on an array of applications software and assisting with in house systems analysis and development. David Smith FCCA Prior to joining Mercia in 2010, David managed a varied portfolio of audit and accounts clients at Grant Thornton. In addition to his lecturing commitments, he is editor of the Mercia Audit Manual, chair of Mercia s Audit Manual Committee and responsible for the Mercia Academies Specialist Assignment Manual. Alan Suggett Alan is a Chartered Accountant and partner in UNW LLP chartered accountants where he is head of the Dental Business Unit which looks after over 250 dentist clients. Alan writes regularly for the dental press, and presents at BDA seminars. He is a member of the National Association of Specialist Dental Accountants & Lawyers (NASDAL) and a member of the technical committee, and chair of the NHS Superannuation committee. He is also a member of the Association of Specialist Providers to Dentistry (ASPD). Alan is the editor of the quarterly NASDAL goodwill survey which analyses all member client practice sales, purchases, and valuations. Kris Taylor BA FCA Kris joined BRAINS, now a division of Mercia, in 1991 and since that time has been responsible for presenting a wide variety of professional development courses. Her role also includes providing technical support and student advice. Bill Telford BA FCA Bill runs Telford Financial Training but for ten years prior to that was a partner in Baker Tilly, responsible for their national training programme. Bill is an experienced trainer with many years of experience on the CPD circuit. Jeremy Williams FCA Jeremy joined Mercia in 2000 as an audit and accounts lecturer, having qualified with KPMG in Leicester. As well as lecturing on a wide variety of audit and accounting topics, Jeremy is responsible for FCA-related products as well as providing technical support and developing our online PTW courses. Deborah Wood FCA Deborah is a partner with Moore and Smalley. She was instrumental in setting up her previous firm s specialist medical services unit where she was responsible for the accountancy and taxation affairs of over 100 GPs. Within that role Debbie played an active part in the setting up of The Association of Independent Specialist Medical Accountants (AISMA), founded in May enrolments@mercia-group.co.uk t enrolments@mercia-group.co.uk t

10 The Venues Birmingham IBIS - Birmingham City Centre, Ladywell Walk, Birmingham, B5 4ST Tel: Bristol Bristol Golf Club, St. Swithins Park, Blackhorse Hill, Almondsbury, Bristol, BS10 7TP Tel: Coventry Hilton Hotel, Paradise Way, Walsgrave Triangle, Coventry, CV2 2ST Tel: Haydock Haydock Park Racecourse, Lodge Lane, Newton-le-Willows, Merseyside, WA12 0HQ Tel: Leeds Holiday Inn Leeds-Garforth, Wakefield Road, Garforth, Leeds, LS25 1LH Tel: Leicester Leicester City Football Club, King Power Stadium, Filbert Way, Leicester, LE2 7FL Tel: London Mary Ward House Conference and Exhibition Centre 5-7 Tavistock Place, London, WC1H 9SN Tel: Bring your training in-house? We can deliver bespoke courses tailored for your needs from full management training programmes to one-off sessions. Chosen by you At your offices or a venue of your choice Seminar style sessions or interactive workshops Experienced and dedicated speakers Firm branding Audit and Specialist Manuals Our manuals will help you to provide effective and efficient services to your clients. Academies Charities Property Professionals FCA - Designated Investment Firms FCA - Mortgage and General Insurance Intermediaries Each manual contains guidance notes example terms of engagement current and permanent fi le programmes A number of our manuals contain accounts disclosure checklists at no extra cost. Grand Connaught Rooms, Great Queen Street, London, WC2B 5DA Tel: Park Crescent Conference Centre, International Students House, 229 Great Portland Street, London, W1W 5PN Tel: Aimed at a range of staff Technical, management and personal development courses all available Limited Companies Audit, Audit Exempt and Assurance The Royal Air Force Club, 128 Piccadilly, London, W1J 7PY Tel: Nottingham Novotel Nottingham East Midlands, (Jnc 25 M1), Bostock Lane, Long Eaton, Nottingham, NG10 4EP Tel: Solihull National Motorcycle Museum, Coventry Road, Bickenhill, Solihull, B92 0EJ Tel: Bespoke in-house training from 1,345* per half day. *plus VAT and travel expenses. 10% Discount for members (excluding CPD/online CPD membership) Limited Liability Partnerships Pension Schemes Solicitors Accounts Rules PLUS many more... Specialist Assignment Manuals from 205* plus VAT. Annual subscription fees from 68* plus VAT. Limited Companies Audit Manual from 260* plus VAT. Annual subscription fees from 150* plus VAT. For further information please call on *10% discount for members (excluding CPD members). For more info visit For more info visit