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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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