Financial Statement Workshops

07 May 2024      Rachel Ward, Learning and Development Manager

The Financial Reporting Group (FRG) together with the audit firms will be delivering their annual Financial Workshop on-line. This year we are running the same workshop twice (to give you more flexibility to attend - see below for the second date option) which will cover off any updates and what is coming . We will also cover best practice from the Financial Statement reviews too. The workshop will be delivered by FRG and members and audit firm representatives.  

The sessions will cover:

1.  Financial statement disclosures

  • Feedback from financial statement review 22/23             
  • Estimates and Judgements                                      
  • Related party disclosures – consistency and comparability
  • Access and Participation note                                               
  • Scottish / Welsh specific HE Governance                                                                 
  • Environmental sustainability and carbon reporting                        

2.  Accounting and audit matters

  • Going Concern                                                                             
  • USS provision accounting treatment 23/34         
  • Other pension considerations                                
  • ISA 315                                                          

3.  Getting ready for the new SORP

4.  US Loans       

5.  Senior pay disclosure

6.  The new audit reality – tips to be an effective team with your audit firm

7.  Final Q&A      

Book your free place onto either the 14th May or 16th May. For any queries, please contact Rachel.   

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