Steve Collings

Part of a series of 2025 updates. Academy trusts are very sector specific clients and in the last few years the accounting framework in place has become more complex. This course will help you to stay on top of the legislative requirements and recent changes in this area.

Part of a series of 2025 Updates. Preparing charity accounts has become more complex in recent years. This short course gets you ready for the Charity Commission's proposed updates to the Statement of Recommended Practice.

There are some common pitfalls when it comes to preparing financial statements under Irish GAAP. This bite covers five of these, so you can make sure your financial statements are prepared to a high quality.

Objectivity is a key principle for sustaining ethical behaviour as an accountant. But avoiding risky situations isn't always easy. This bite identifies five threats to your objectivity and how to mitigate them.

Audit evidence is frequently cited as a deficiency in audit file reviews and can result in serious sanctions. This bite explores seven methods for obtaining evidence to corroborate an organisation's financial statements.

Here we take a look at why so many accountants are considering leaving the profession in the next five years.

Here we examine the impact of some recently proposed changes to FRS 102 and the possible mood of accountants following the publication of those.

Academies have been around for a while now, and there are plans for more schools to make the transition. Accounting for academies can be a great skill in any accountant's toolbox, so this bite covers the essentials you need to know.

Part of a series on 2025 Audit Updates. In April 2025, the IAASB issued ISA 570 (Revised 2024) Going Concern, to respond to corporate failures that raised questions concerning the auditor's responsibilities. This short course will walk you through the upcoming changes.

Part of a series on 2025 Audit Updates. This update explores why journal entries must be properly audited, the issues that often arise, and how technology and analytical procedures can help reduce fraud risk.

Part of a series on 2025 Audit Updates. Cash flow statements have come under scrutiny from regulators and professional bodies for frequent errors and omissions. This module examines how they should be prepared and audited, highlighting key procedures and common mistakes.

Part of a series on 2025 Audit Updates. This module explores International Standard on Quality Management 1 for firms conducting audits, reviews, or other assurance engagements. It covers monitoring, remediation, annual reviews, and documentation requirements.

Intangible assets can be tricky to audit, because they don't have a physical form. For those who deal with such assets, this bite explores how to audit intangibles according to IAS 38.

Here we look at the recently published OPBAS progress report on AML supervision, and the current impacts of the Anti-Money Laundering Regulations.

The Economic Crime and Corporate Transparency Bill is currently making its way through the House of Lords. This bite looks at the impact of the legislation on small companies.

When a new or revised ISA is published, it means more responsibility and more work for auditors. This bite asks whether audit has become too complex.

Anyone who has to prepare financial statements knows that there are many opportunities for mistakes. Use this bite to discover some handy tips for avoiding errors or dealing with them when they occur.

FSMA 2000 makes provision for the designation of certain professional bodies, whose member firms can take advantage of an exemption from the general prohibition of carrying on activities that are regulated by the FSMA.

The FRC in the UK just handed down record fines to KPMG and two of its former partners. So, what did go wrong in the high-profile corporate collapse of Carillion?

The FRC have issued a consultation on proposed changes to the Ethical Standard. Here we revisit the standard and some of the common threats audit firms face.

Steve Collings takes a look at the latest FRC review and how preparers of financial statements can take on board its feedback, following on from Wayne's overview last week.

Here we examine the accounting treatments for certain items in the financial statements and shed some light as to why specific items are treated as they are.

The Financial Reporting Council has issued their Annual Review of Corporate Reporting, setting out their reporting expectations. The focus this year was on companies in sectors that the FRC view as being at higher risk.

When an experienced member of staff leaves, it can be difficult to find a suitable replacement. This bite helps you to overcome the challenges of finding the ideal candidate, from writing a good job advert to effective shortlisting.

Steve Collings takes a look at new IAASB guidance designed to help auditors understand how ISAs interact with each other where fraud is concerned.

This bite provides a brief guide to reporting on events after the end of the reporting period, under Irish GAAP.

Part of a series of 2025 updates. Pension accounting is a specialist area. This short course offers an overview of the basics of accounting for defined contribution and defined benefit pension plans from the employer's perspective, and pension scheme accounting from the fund's perspective.

This bite considers how the latest Practice Assurance Monitoring report from ICAEW can help firms to understand in advance, where things may go wrong.

How are the potential changes to UK and Ireland GAAP, proposed by the FRC in FRED 82, being received?

This bite looks at how the issue of new and revised rules impact on firms, and some of the problems faced by practitioners when dealing with the sheer volume of changes.

A number of high-profile corporate scandals have left us asking, 'What do auditors actually do?'. This bite clears up some common misconceptions about the role of the auditor, and considers the advantages and disadvantages of audit.

Here we look at the latest developments in fraud, including the downfall of Patisserie Valerie, and whether the auditing profession is doing enough to combat the issue.

Part of a series on 2024-25 UK & Irish GAAP. This short course explores the components of the cash flow statement. It looks at different methods for preparing the statement and factors that affect the entity's net debt, and also identifies some common errors to avoid.

Part of a series on 2024-25 UK & Irish GAAP. This short course looks at the Financial Reporting Council's amendments to UK and Ireland GAAP in FRED 82, following a periodic review. Final changes were published in March 2024.

Part of a series on 2024-25 UK & Irish GAAP. This short course examines the regulations involved in assessing and auditing going concern, analyses the bases for preparing financial statements as a going concern, and considers the significance of disclosures.

Part of a series on 2024-25 UK & Irish GAAP. This short course looks at everything you need to know about intangible assets, including recognition, measurement, amortisation rules, accounting for goodwill and recording and presenting R&D expenditure.

Part of a series on 2025-26 UK & Irish GAAP. This short course explore concepts and pervasive principles. These are fundamentally important when it comes to preparing financial statements, and also in the development of accounting standards.

Part of a series on 2025-26 UK & Irish GAAP. This short course outlines the periodic review process and the key changes made to some specific areas, including leasing, revenue recognition and small company disclosure requirements.

Part of a series on 2025-26 UK & Irish GAAP. This short course explores the five-step model for revenue recognition in the newly updated FRS 102 and FRS 105. It covers the impact of periodic review changes, and specific accounting issues that commonly cause problems.

Part of a series on 2025-26 UK & Irish GAAP. FRS 102 Section 1A Small Entities covers presentation and disclosure requirements for small entities. With the company size thresholds increasing in both the UK and the EU, it's time to make sure you are up to date in this area.