Preparing & Auditing Group Accounts under FRS 102

Introduction

This webinar is designed to support accountants in the preparation and audit of consolidated financial statements, as well as the individual accounts of parent companies and subsidiaries.

Focusing on the key issues that commonly arise in group accounting, this webinar will cover the practical application of FRS 102, and the relevant requirements of the Companies Act 2006.

Particular attention will be given to typical scenarios encountered in business combinations, ensuring participants gain both technical knowledge and practical insight.

What You Will Learn

This webinar will cover the following:

• When consolidated group accounts are required under UKGAAP and the exemptions available
• Different types of business combination - subsidiary, associate, joint venture and asset purchase and the accounting requirements
• Acquisition accounting - impact on parent, subsidiary and group accounts. Day 1 accounting entries including comparing cost of investment to assets acquired (including goodwill and other intangibles)
• Other issues to consider such as year ends and choice of accounting policies
• Ongoing issues such as inter-group transfers, reorganisations, reconstructions and sales and when merger accounting can be used under FRS 102
• Amortisation and impairment testing of goodwill and intangible assets
• Deferred tax issues - assets and liabilities to recognise on day 1 and in subsequent years

This pre-recorded webinar will be available to view from Monday 20th October 2025

Alternatively, you can gain access to this webinar and 1,900+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.