Test your readiness for FRS 102 with this quick online quiz

With the withdrawal of the FRSSE and its replacement by a small companies regime within FRS 102 from January 2016, and the introduction of a new standard for “micro entities” (FRS 105), every accountant in the UK now needs to get ready for New UK GAAP.

Over the last three years Wolters Kluwer has been supporting the profession to make the transition with a wide variety of resources including books, online information, software and training.

Our latest initiative is a short online quiz exploring key areas of the FRS 102 standard.  It allows you to test your understanding of the new reporting standard with 14 true/false questions based on typical, real-life scenarios. 

Almost everyone will find particular topics that pose a challenge, whether it’s dealing with the wider definition of financial instruments or changes in the treatment of investment properties and plant and equipment.  Why not take the 5 minute quiz now to discover where your knowledge needs strengthening… and learn some surprising facts about FRS 102! 

Once you’ve done that there’s an opportunity to book a place on one of four, half-day Masterclasses that we’re running until the end of 2015.  Each Masterclass is worth 3 CPD points; choose from:

  • P&L Accounts
  • Balance Sheet Reporting
  • Business Combinations
  • Financial Instruments

Masterclasses are suitable for both company accountants and professional advisers.  They can be purchased individually or in combination, with generous discounts for attending more than one event.  Delegates also receive a half-price offer on our popular New UK GAAP four-book bundle, saving £130 on these essential reference titles.

Visit www.cch.co.uk/gaapmasterclasses for full details, dates, venues.