This month's exclusive Accountancy Daily CPD module focuses on director’s national insurance contributions, understanding the special calculation rules and which, if any, exceptions may be available to exempt them.

By completing this module on director’s national insurance contributions (NICs) covering the annual earnings period, you will be able to:

• Identify a director in order to determine whether the special NIC calculation rules may apply;
• Check if a concession applies in order to decide whether an alternative treatment may be applied for NICs (and possibly PAYE);
• Assess the annual or pro-rata earnings period in order to correctly identify the basis applicable to directors, including new appointees and resignations; and
• Calculate NICs on an annual or pro-rata basis to perform accurate NICs calculations and ensure compliance with HMRC requirements.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Martin Jackson ATT, team leader for the tax & payroll advice lines at Croner Taxwise.

Play the CPD module here

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This month's exclusive Accountancy Daily CPD module focuses on detailed accounting aspects of the Covid-19 related grants, reliefs and loans that have been made available to businesses, including CBILS and bounce back loans.

By completing this module on accounting for Loan and Grants, you will be able to:

• understand the general principles governing the accounting for Covid-19 grants;
• account for grants, reliefs and concessions correctly and understand the protocol involved;
• understand how to correctly account for a CBILS and Bounce Back loan correctly and how to recognise the related grants; and
• identify which disclosures are needed depending on which reporting framework the entity has adopted.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Steve Collings FMAAT FCCA, audit and technical director at Leavitt Walmsley Associates, an external expert at Croner-i

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This month's exclusive Accountancy Daily CPD module focuses on how accountants and auditors will need to pay close attention to how revenue is treated in the accounts as companies prioritise generating revenue to overcome the pandemic.

By completing this module on Covid-19 revenue considerations for accountants and auditors, you will:

• be reminded of the scope of FRS 102, Section 23 and the key principles underpinning the measurement of revenue;
• understand the key accounting treatment for the sale of goods and services under FRS 102;
• consider the ways Covid-19 may have affected the financial reporting of revenue; and
• be aware of the key risks when auditing revenue and consider how to gain sufficient and appropriate evidence during Covid-19.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Kate Beeston ACA, a technical writer in audit & accounting at Croner-i

Play the CPD module here

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This month's exclusive Accountancy Daily CPD module focuses on maintaining focus during the Covid-19 crisis through executing vital communication/compliance with shareholders, employers, supply chain and Government in order to minimise risk and ensure clarity, comprehension and control in unprecedented times.

By completing this module on maintaining focus during the Covid-19 crisis, you will be able to:

• Communicate timings and expectations;
• Disclose current and predicted impact;
• Rethink the practice; and
• Employ 360 scenario planning for continuity.

This CPD module takes 15 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Mark Wearden MSc FCCA FCIS.

Play the CPD module here

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This month's exclusive Accountancy Daily CPD module focuses how to deal with potential fraud and money laundering situations particularly where accountants in practice have to decide whether to report a suspicious activity to the National Crime Agency (NCA)

This module provides you with eight scenarios relating to fraud and money laundering which could easily happen in real life.

Your role is either as an accountant working in a practising firm or as the firm’s Money Laundering Reporting Officer (MLRO).

This is a very practical module, where you need to work out what you would do in each case.

The CPD course lecturer is David Duvall MA FCA and regular contributor to Croner-i Audit and Accounting. He qualified as a chartered accountant in 1973 with Peat Marwick Mitchell & Co (now KPMG). He then worked as a tutor for Financial Training in London and subsequently for ATC Thames Valley, where he was client liaison director. From 2002 until retirement from full-time work in April 2014, he was training manager at Chantrey Vellacott DFK, where he was responsible for graduate recruitment and co-ordinating student training as well as external and internal lecturing.

If you're already a subscriber, you can log in to access this CPD module.

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This month's exclusive Accountancy Daily CPD module focuses on the latest anti-money laundering rules providing a reminder of the basic legislation, which is as crucially important as ever, and to outline the most important areas where recent modifications have been or are being made to the legislation.

By completing this module on money laundering, it will enable you to: 

• explain the basic legislation and the current Money Laundering Regulations 2017 in particular;
• outline recent developments relating in particular to the Fifth EU Anti Money Laundering Directive (due to come out in 2020) and the report by the Financial Action Task Force; and 
• discuss whether these developments are likely to be effective

The CPD course lecturer is David Duvall MA FCA and regular contributor to Croner-i Audit and Accounting. He qualified as a chartered accountant in 1973 with Peat Marwick Mitchell & Co (now KPMG). He then worked as a tutor for Financial Training in London and subsequently for ATC Thames Valley, where he was client liaison director. From 2002 until retirement from full-time work in April 2014, he was training manager at Chantrey Vellacott DFK, where he was responsible for graduate recruitment and co-ordinating student training as well as external and internal lecturing.

If you're already a subscriber, you can log in to access this CPD module.

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This month's exclusive Accountancy Daily CPD module focuses on transitioning from FRS 105 Micro-Entities Regime accounting rules for small entities to full blown FRS 102 Financial Reporting Standard.

This module examines the circumstances in which an entity may decide, or be forced, to move from FRS 105 up to FRS 102. We look at the eligibility criteria and how entities are classified as micro, small, medium-sized or large, and some of the key features of FRS 105.

By completing this module you will be able to:

• to understand the eligibility thresholds and how to apply them correctly between FRS 105 and FRS 102;
• FRS 105 key features;
• FRS 105 to FRS 102 transition issues to ensure correct values and appropriate disclosures are presented in the financial statements;
• recap on the rules relating to the simplification of loans to small entities and their impact on the accounts.

This CPD module takes 15 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Steve Collings FMAAT FCCA, audit and technical partner at Leavitt Walmsley Associates Ltd where he trained and qualified. Collings became a member of the Association of Accounting Technicians (AAT) in 2001 and qualified as a chartered certified accountant in 2005.

If you're already a subscriber, you can log in to access this CPD module.

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This month's exclusive Accountancy Daily CPD module focuses on filing accounts at Companies House covering the legal requirements, electronic filing, reasons for rejection and specific rules for charities and limited liability partnerships (LLPs) with a special focus on getting the rules right first time. All UK companies must file annual accounts at Companies House as per Companies Act 2006, section 441. Filing may be by paper copies or electronically. 

Completing this module will enable you to:

• brush up on the legal requirements for each type of entity particularly the exemptions for small companies and micro-entities;
• explain how electronic filing operates including how iXBRL is used in filing accounts;
• explain the reasons why accounts are rejected and the pitfalls to avoid; and
• know the particular requirements for charity and LLP accounts.

This CPD module takes 15 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is David Duvall MA FCA and regular contributor to Croner-i Audit and Accounting. He qualified as a chartered accountant in 1973 with Peat Marwick Mitchell & Co (now KPMG). He then worked as a tutor for Financial Training in London and subsequently for ATC Thames Valley, where he was client liaison director. From 2002 until retirement from full-time work in April 2014, he was training manager at Chantrey Vellacott DFK, where he was responsible for graduate recruitment and co-ordinating student training as well as external and internal lecturing.

If you're already a subscriber, you can log in to access this CPD module.

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This month’s exclusive Accountancy Daily CPD module will look at the FRS 102 accounting treatment of liabilities versus equity.

This module examines the requirements of Section 22 of FRS 102 which deals with liability and equity - in particular how to classify a financial instrument in the financial statements between liability (or debt) and equity.

Completing this module will enable you to:

• understand the scope of Section 22 of FRS 102;
• identify when a financial instrument is a liability or equity;
• understand how to deal with an instrument which has a combination of debt and equity characteristics; and
• understand how to account for distributions and the requirements in respect of gift aid payments.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. There are also detailed course notes to ensure a full learning experience. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Stephen Collings FMAAT FCCA, audit and technical partner at Leavitt Walmsley Associates Ltd where he trained and qualified. Collings became a member of the Association of Accounting Technicians (AAT) in 2001 and qualified as a chartered certified accountant in 2005.

If you're already a subscriber, you can log in to access this CPD module.

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This month’s exclusive Accountancy Daily CPD module will look at the changes that have recently been made by the Consultative Committee of Accountancy Bodies (CCAB) to the LLP SORP 2018, which was revised and re-issued on 14 December 2018

Completing this module will enable you to:

• understand why changes have been made to the SORP and how often future changes to UK GAAP are expected;
• identify which areas in the SORP have changed so that clients can be advised correctly, and preparations put in place for applying the new rules;
• understand what the annual report, including the financial statements, must comprise;
• identify which version of the accounts for Companies House are most appropriate in your client’s circumstances to advise them correctly.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Steve Collings FMAAT FCCA, audit and technical partner at Leavitt Walmsley Associates Ltd where he trained and qualified. Collings became a member of the Association of Accounting Technicians (AAT) in 2001 and qualified as a chartered certified accountant in 2005.

If you're already a subscriber, you can log in to access this CPD module.

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This month’s exclusive Accountancy Daily CPD module will look at the legal framework and the accounting issues of distributable profits as well as the underlying importance of commercial prudence and best practice regarding disclosure

Completing this module will enable you to:

• describe the legal framework so that its purpose and application to companies’ accounts can be understood;
• explain the accounting issues which supplement the legal requirements;
• explain the underlying importance of commercial prudence and the need for a long-term as well as a short-term view; and
• be aware of best practice regarding disclosure of distributable profits and dividends.

This CPD module takes 15 minutes to complete and is followed by a short quiz to ensure thorough learning. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is David Duvall MA FCA. Duvall read Classics at Cambridge and qualified as a chartered accountant in 1973 with Peat Marwick Mitchell & Co (now KPMG). He then worked as a tutor for Financial Training in London and subsequently for ATC Thames Valley, where he was client liaison director. From 2002 until retirement from full-time work in April 2014, he was training manager at Chantrey Vellacott DFK, where he was responsible for graduate recruitment and co-ordinating student training as well as external and internal lecturing.

If you're already a subscriber, you can log in to access this CPD module.

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This month’s exclusive Accountancy Daily CPD module will look at the accounting requirements for intangible assets under FRS 102 including scope, recognition and measurement, internally generated assets and amortisation

Completing this module will enable you to:

• Understand what is and what is not dealt with under section 18 of FRS 102 and to understand what the definition of an intangible asset is;
• Learn about the costs involved at initial recognition and subsequent measurement including assets obtained in a business combination;
• Understand how to account for research and development expenditure; and
• Understand the rules in FRS 102 concerning amortisation and residual values.

This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. Any CPD learning is also automatically added to Your CPD Tracker.

The CPD course lecturer is Steve Collings FMAAT FCCA, audit and technical partner at Leavitt Walmsley Associates Ltd where he trained and qualified. Collings became a member of the Association of Accounting Technicians (AAT) in 2001 and qualified as a chartered certified accountant in 2005.

If you're already a subscriber, you can log in to access this CPD module.

Viewing the eCPD content requires an Accountancy Daily subscription. Click here to subscribe