The global body for professional accountants


An ACCA Professional Courses event

ACCA UK’s Residential Conference for Practitioners offers you 12 units of CPD in a relaxed and sociable environment, providing you with the perfect opportunity to update your knowledge on the current developments in the profession.
Taking place over a Friday and Saturday, this two-day conference minimises valuable time away from the office.


lunch and registration

Tax Implications of the New UK GAAP
Paul Soper FCCA
Tax lecturer and consultant
• taxation and accounting - uneasy bedfellows for many years - a brief historical perspective on the disclosure of profits for taxation purposes
• Finance Act 2002 - the legal obligation to report using GAAP as it applies to all persons reporting profits
• implications of changes in fundamental accounting rules - what adjustments must be made
• taxation consequences of new accounting standings FRS101 and FRS102
• advantages and disadvantages through early adoption.


Accounting Standards Update Under the New UK GAAP
Charles Gubbins BSc CA
Head of faculty, Kaplan Hawksmere
• Changes to UK GAAP for non-small entities
- For pre December 2015 year ends (assuming no early adoption of FRS 102)
- FRS 102 - What will the accounts look like, when might it be appropriate for a small entity to opt for FRS 102 and what transition issues need to be dealt with this year
• Company Law changes affecting SMEs
• Small Companies – Part 1 - FRSSE 2008 Developments


Accounting Standards Update Under the New UK GAAP - Continued
Charles Gubbins BSc CA
Head of faculty, Kaplan Hawksmere
• FRSSE 2015 - What will the accounts look like, areas of difference compared to FRSSE 2008 and what needs to be done this year
• Micro Entities - Accounting and reporting choices and proposed changes to the FRSSE


drinks reception



09.15 - 10.30
Accountants and the Law
Steve Giles MA Oxon, ACA
Partner, Highview Consultants
• the key legal and ethical issues affecting accountants in the area of financial crime
• overview of the new UK regulatory and crime-fighting framework
• the risk-based approach and what this means in practice for accountants
• summary of anti-money laundering threats and the requirements of accountants under the law and regulations
• review of the critical sections of The Bribery Act 2010
• the “adequate procedures” needed under The Bribery Act 2010
• the role of auditors in the prevention and detection of fraud
• analysis of recent cases.


09.15 - 10.30
Top 20 Mistakes Practitioners Make
Dean Wootten FCA CTA
Consultant, lecturer and author
• pitfalls affecting Owner Managed Businesses and their owners
• wording of compliance documents such as dividend minutes when adopting a low salary/high dividend extraction policy
• key dates in the tax calendar which must never be missed
• timing and format of key elections
• review of key cases with emphasis on lessons that can be learnt from other peoples’ mistakes!


SORP Update
Charles Gubbins BSc CA
Head of faculty, Kaplan Hawksmere
After something of a false start last year, where we were expecting more guidance at an earlier stage, this session will be able to focus on the changes that are being made to best practice. These changes are being made either due to the advent of the changes to UK GAAP or, in some cases, to improve the effectiveness, consistency and understandability of financial statements. Our main areas of interest will be the latest public benefit entity SORPs and service charge accounts
• overview of recent changes to Public Benefit Entity (‘PBE’) guidance including SORPs
• update of the issue of new SORPs
- PBEs, focusing primarily on charities
- LLPs
• status of FRED 50 – Residential Management Companies.


VAT Update
Dean Wootten FCA CTA
Consultant, lecturer and author
• output VAT developments
• recovery of input tax
• registration issues
• flat rate scheme
• international services.


Alternative Finance
Andy Davis
Researcher and writer, Centre for the study of Financial Innovation
• the mechanics of how P2P and Crowdfunding works from the SME’s perspective, including the auction mechanism that some platforms use
• the ways in which these platforms differ from conventional funding sources
• how the debt platforms undertake credit scoring and underwriting
• the information users need to provide in order to qualify to use the various platforms
• the types of collateral and security borrowers are required to provide
• the typical cost of finance, associated fees etc.
• case studies on how others have used these services to fund their business.


General Tax Update
Dean Wootten FCA CTA
Consultant, lecturer and author
• personal tax clients (including changes to Private Residential Relief)
• partnerships (including changes to salaried partners)
• self employed (including impact of Dr Samadian on travel claims)
• owner managed corporates.

conference close.

The conference will be sponsored by Xero. Further details will follow shortly.


Cost per delegate 399 GBP


Book online

Book online

For further information please call
+44 207 059 5910
Email us to book


Leicester Marriott Hotel
Smith Way
Grove Park
LE19 1SW


Date: 21 November 2014
Start Time: 12:00 GMT
Duration: 2 days
CPD Units: 12