Seminars

After the AGM we have two invited speakers who will focus on ‘The Future of Collaboration. The afternoon concludes with wine and nibbles and the opportunity to network with fellow members. Programme 13.30 Arrive 13.45 AGM 14.30 Break 14.45 The future of collaboration – the Huddle...

This course is intended for those with no previous accounting experience who need a basic financial awareness, to have a set of accounts demystified and most importantly, why understanding finance is critical in business and decision making. It will explain the...

Introduction: The link between strategy and the daily activities that achieve those goals – ‘the golden thread’ Strategic financial management and budgeting requires a clear link between the organisation’s objectives, the resources that support them and the tasks with achieve them. Do...

•Negotiation and the negotiator: exploring current ideas about skills and qualities of the negotiator, looking at how each individual currently handles negotiations •Preparing for negotiations •Goals: - what do you and others want from the negotiation? •Trades: what do you and the other...

•Review of UK residence and domicile rules •HMRC practices on residence issues •Compliance for employees leaving the UK or arriving •Part time or full time overseas working •Contract issues and planning points •Recent developments on domicile and remittance basis rules •Short...

•Recent Finance Act/Bill changes •Current rates and allowances •Buildings and structures – baseline rules •Legal aspects of property purchases and apportionments •Plant and machinery – definitions and interpretation •Short and long life asset rules •Integral features of the new regime •Enhanced...

•Income tax refresher, chargeable income and persons •Employee benefits and expenses – P11D completion •Form filling and employer obligations •Tax codes and NIC numbers •Calculating tax and NIC liabilities and operating PAYE •Joiners and leavers procedures •Dispensations and PSA arrangements •Travel...

•Recent Finance Act/Bill changes •HMRC statements of practice •Case law developments •Current topical issues •Tax planning points

•Current taxation provisions – FRS 16 and IAS 12 •Current taxation disclosures – FRS 16 and IAS 12 •Accounting for deferred taxation – alternative methodologies •FRS 19 and IAS 12 – the detail and disclosures compared •Case studies

•The scope, the charge and the impact of corporation tax •The Corporation Tax Acts 2009 and 2010 •Company residence •Company accounting periods, financial years, level of corporation tax and accountability •Pro-forma corporation tax computation - Corporation tax return •CTSA - the...

Practical introduction to group taxation The basics of group tax in practice Group tax computations Group relief for losses computations Taxation of consortia and relief for losses and other tax areas Group payment arrangements for corporation tax Corresponding accounting periods, companies...

TRANSFER PRICING – DOCUMENTATION REQUIREMENTS Overview of UK transfer pricing regulations Basic documentation structure with reference to OECD, EU and HMRC Guidelines: •Background •Industry analysis •Functional analysis •Economic analysis •Conclusions •Annual reviews Importance of adopting a risk-based approach Comparison of international transfer pricing regimes COMMON RISK AREAS...

•The definitions and workings of the ‘new’ construction industry scheme •The responsibilities of the contractor •Verification of subcontractors, monthly CIS returns, and the completion of statements •The definition of a contractor •What really are construction operations? •Return completion, computations and case studies •Problem areas: mixed operations, architects,...

Organised Crime & Terrorist Overview •Definitions, scale and characteristics of the “Black Economy” •The four key components of financial crime: drugs, terrorism, white-collar crime, corruption •The crucial role of organised crime & terrorist groups •International law enforcement fight back The Legal & Regulatory Framework •International background,...

CORPORATE GOVERNANCE OVERVIEW •The 20th Century governance background •Governance frameworks – the law, regulations and directors’ duties •The UK Corporate Governance Code and other governance models around the world •Traditional roles, responsibilities and structures •Investors and the Stewardship Code •Benefits of good...

Fraud Perspective •Types and scale of fraud •Creative accounting •Exploitation or manipulation •The ‘honesty’ culture •Relevant legislation •What the fraudsters say Detection Techniques •Fraud environments •Whistle blowing •Fraud indicators and red flags •Data mining and Benford’s law •Behaviour at work •Life style The Investigation •Search orders...

Initiation of the Risk Management Programme •Risk management concepts •Business objectives and risk •Inherent, residual and retained risk •Concept of control as a risk management tool •Need for high-level support Risk Identification and Management •The benefits of risk workshops •Allocating risk ownership •Decision process...

Reporting traditions Implementation problems The need for and value of reports Reporting style Report contents and structures Word choices and persuasion factors Report “findings sheets” Follow -up procedures and analysis of report failures The “agreed action “principle and negotiation

The audit purpose Typical compliance audit environments Essential skills and requirements How to deal with behavioural responses Work planning Interview method Suitable methods for control evaluation Testing strategy Documentary evidence – concepts and practicalities Concise and timely reporting

The Control Framework •Definitions, purpose (preventative and detective), examples •The COSO Integrated Controls Model •The audit process (internal and external) and its importance •Turnbull Guidance and the crucial link between risk and controls Control Environment & Tone at the Top •The governance dimension...