Proactive Consulting for Professionals Limited

FRS 102 Online Training Tool



PCP are pleased to launch their FRS 102 online training tool.

Are you ready for the changes to key accounting treatments under FRS 102?

For accounting periods beginning on or after 1 January 2015, medium and large companies in the UK & Ireland will be required to implement FRS 102 instead of the current suite of SSAP’s, FRS’s and UITF abstracts.

Small companies will also be affected by these changes as FRS 102 accounting treatments (but not full disclosure requirements) will be required for small companies for accounting periods beginning on or after 1 January 2016.

For certain types of transactions this will result in a significant change in the way items are accounted for. Examples of areas most affected by the changes include:

  • Valuation of investments
  • Treatment of long term interest free (or discounted) loans, including directors loans
  • Disclosure of related party transactions
  • Revenue recognition for service companies (such as solicitors and accountants)
  • Grants

PCP’s FRS 102 training will help you prepare for these changes by going through each section in a modular fashion. As each part of FRS 102 is covered by an individual section of the training tool, if you need to know or recap the treatment of Financial Instruments, you just view the relevant section of the training tool.

It does not need to be all viewed in one sitting. It is designed for ongoing use, and can be used as a refresher on how certain transactions should be dealt with.

To watch an extract, please visit

The product costs £125 + VAT. Purchase of this product also give access any updates in the next 12 months.

The product is available via web login. Within 24 hours of purchase, you will be sent an email which will give you access to the product at

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Proactive Consulting for Professionals Limited is a company registered in England and Wales.
Registered Office: 1 Grange Wood, Grammar School Lane, West Kirby, Wirral, CH48 8BU.
Company Registration Number: 03905318
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