RSM Tenon to hold FRS 102 Advisory Events

Leading accountancy and financial services firm RSM Tenon will host two free seminars in the East Midlands this month to help businesses prepare for the changes to the accountancy framework detailed in the Financial Reporting Standard 102 (FRS 102).

The seminars, to be hosted in Leicester and Nottingham, are designed to make sure medium and large businesses are aware of how to present their accounts to the public in future.

Companies with property, large goodwill balances and/or share option schemes are likely to be particularly affected by the changes to the framework, as are those with re-valued assets and hedging instruments and acquisitive companies.

The publication of the FRS 102 saw the biggest change to UK GAAP in 30 years, and is effective for periods commencing on or after 1 January 2015.

Advisers from RSM Tenon will be available before and after the 2-hour seminar to answer any questions.

The FRS 102 advisory events are returning to the Midlands after two very successful runs in July this year.

Phil Marsden, finance director at Morris Vermaport Limited, attended one of the seminars held on the topic earlier this year.

He said: “The seminar was informative and gave a clear, concise view of what changes were occurring and what businesses need to do to prepare themselves.

“The topics were relevant and one-on-one support from RSM Tenon’s advisers was also on hand. The presenter was very engaging and it really gave a good picture of what businesses needed to do next to stay up-to-date with presenting their accounts.”

Places are limited, so please register your place for the Leicester event on 19 September or the Nottingham seminar on 25 September, at www.rsmtenon.com/events

RSM Tenon has recently announced that the trading operations of RSM Tenon Group plc have been acquired by Baker Tilly UK Holdings Ltd.

This is a merger of two firms with similar clients which provide similar services to those clients. This move demonstrates a commitment to our chosen markets and we will continue to provide the same level of quality client service throughout the transition. RSM Tenon will continue to trade under that name for a short time until the integration of the two firms is complete.