Skip to content
About LyceumContact usLogin
BPP, home page

FRS 102 - A Comprehensive Refresher

Understand what has changed in UK financial reporting to assess the impact of these changes on your role. This five-module series delivered over two and a half days can be purchased as a single course or, separately, module by module to meet your needs.

Buy today
Request callback
A black and white image of a young man looking at a mobile phone

Overview

Price
All courses Inc VAT and excludes exams

Choose your courses

Course structure

FRS 102 - A Comprehensive Refresher - These modules can be undertaken separately, or in conjunction with and or all of the other modules in the series.

All modules can be booked together by booking the FRS 102 - A Comprehensive Refresher Programme
Module 1Principles and Presentation

What will you learn?

The topics to be covered in this module will include:

  • The regulatory background to FRS 102 and the alternatives available

  • Format and content of accounts

  • The primary statements

  • Other Comprehensive Income

  • The Statement of Income and Retained Earnings

  • Discontinued operations

  • Small company reporting under Section 1A

  • Policies, estimates and errors

  • Accounting when FRS 102 is silent

  • Events after the reporting period

  • Related party disclosures

  • Programme methodology

Module 2Asset And Liabilities

What will you learn?

The topics to be covered in this module will include:

  • Property, plant & equipment

  • Borrowing costs

  • Investment properties

  • Intangible assets

  • Goodwill

  • Impairments of assets

  • Leases

  • Inventories

  • Provisions and contingencies

  • Programme methodology

Module 3The Income Statement

What will you learn?

The topics to be covered in this module will include:

  • Revenue

  • Income taxes (including deferred taxation)

  • Share based payments

  • Employee benefits (including pension costs and termination benefits)

  • Government grants

  • Foreign currency transactions

  • Programme methodology

Module 4Financial Instruments

What will you learn?

  • Definitions and scope

  • The choice of rulebook

  • Basic and other instruments

  • Accounting for basic instruments

  • The amortised cost model

  • Off market loans

  • Other financial instruments

  • Fair values

  • Hedge accounting

  • Disclosures

  • Programme methodology

Module 5Group Accounting Issues

What will you learn?

The topics to be covered in this module will include:

  • The requirement for group accounts

  • Identification:

  • Subsidiaries

  • Associates

  • Joint ventures

  • Consolidation principles

  • Issues on a business combination

  • Accounting policies

  • Accounting date

  • Valuation of consideration

  • The fair value exercise

  • The measurement period

  • Accounting for associates and joint ventures

  • Accounting for foreign subsidiaries

  • Group reconstructions and merger accounting

  • Programme methodology

Why choose BPP for technical skills?

Amplify Technical Ability Turn knowledge into results through effective communication, problem-solving, and collaboration
Technical SkillsRole-specific expertise that delivers immediate value
Over 180 professional development courses to choose from

Ways to pay

Invoice your employer

Complete and return the booking form. We’ll contact your employer to arrange payment.
Download booking form

Buy online

Choose a course from the above list and simply check out with your debit or credit card
View courses

Become a BPP client

If you're an employer looking to upskill your staff get in touch about becoming a BPP client.
Get in touch

FAQs

Most frequently asked questions.

If your employer is paying and wishes to be invoiced rather than pay online via credit card, you will need to complete this booking form and return it to us at service@bpp.com. If you are paying for yourself online or via the phone, you can request a copy of your settled invoice.

Request callback