• Fiona Condron

  National Head of Charities, BDO
• Robin Harwood

  Senior Manager, BDO

10.00	Introductions and learning outcomes   Outline the revised requirements of the revenue recognition model in FRS 102 Recognise when a contract with a customer falls within the scope of the revised revenue section   Step 1 – Identify contracts with customers Step 2 - Explain how to identify performance obligations in a contract Step 3 - Determine the transaction price Step 4 - Allocate the transaction price to the separate performance obligations Step 5 - Recognise revenue when (or as) the performance obligation is satisfied   Dealing with contract costs Transition options
10.05	Step 1 Identify contracts Reassessing contracts Combination and modification of contracts   Step 2 Identify the performance obligations in the contract What makes a good or service distinct? Warranties, non-refundable up front fees and customer options Principal v agent considerations   Step 3 – Transaction price variable consideration and sales-based royalties Key elements of the transaction price Refund liabilities and sales with a right of return
11.30	BREAK
11.45	Step 4 – Allocate the transaction price to the performance obligations in the contract Methods to estimate the standalone selling price Allocation of a discount or variable consideration Changes in transaction price   Step 5 – Over time v at a point in time Output methods Input methods Licencing Contract costs Measurement after recognition
12.30	Transition Full retrospective model Modified retrospective model Practical considerations and preparations
12.45	Conclusions & Q&A
13.00	End

Prices for individual sessions

Charity Finance charity subscriber - £195
Charity rate (non-subscriber) - £235

Prices for full series of three sessions (10% saving)

Charity Finance charity subscriber - £527
Charity rate (non-subscriber) - £635

For group bookings email [email protected] 

(All prices exc VAT)

When will I receive course materials and Zoom link to access the course?

After booking you will receive the following correspondence:

1 week before the course – an e-mail with your joining information, this includes the course programme and any other relevant materials.

1 day before the course – an e-mail with your final information, this includes the Zoom link, course programme any other relevant materials.

When will I be invoiced for my booking?

Invoices are manually processed so this will be sent to you by our events team shortly after your booking.

Will presentation slides be provided?

Presentations are provided in advance for the majority of our courses but this can vary and is down to the course leader’s discretion.

Will the sessions be recorded?

We do not record our courses as we feel this gives delegates the opportunity to have more open discussions and freely ask questions around the running of their charities.

Will I get a reminder prior to my course?

Yes, you will get e-mails one week and one day before your course with all of the information you need. You won’t receive a calendar invite so do make sure you put the date in your diary.

What if I can no longer attend the course?

Up to and including 14 days prior to the event, a refund (less a 15% administration fee), a substitution of a colleague, or one complimentary transfer to another training date can be issued. Only one complimentary transfer can be issued, no refund will be issued for a cancelled transfer. Once a transfer has been processed, refund for the original booking will not be issued. Refunds or transfers are not available less than 14 days before the event date. Confirmation of cancellations MUST be in writing and sent to [email protected]

For any other queries, please get in touch at [email protected].

Substitution and cancellation policy: On receipt of your booking form, your place is confirmed. Delegate substitutions are allowed. Up to and including 14 days prior to the event, a refund (less a 15% administration fee), or one complimentary transfer to another training date can be issued. Only one complimentary transfer can be issued, no refund will be issued for a cancelled transfer.  Once a transfer has been processed, refund for the original booking will not be issued. Refunds or transfers are not available less than 14 days before the event date. Confirmation of cancellations MUST be in writing and sent or faxed to Civil Society Media at 15 Prescott Place, London, SW4 6BS 020 7819 1200 (fax: 020 7819 1210).