CPD Course Programme 2011/12 - ICAEW

CPD Course Programme2011/12INSPIRING CONFIDENCEicaew.com/eastengland

Welcome to our newCPD Course ProgrammeThe South Essex Society’s Courses Committee meets annually todiscuss the topics our courses should cover to be of the most helpto you and your business. This season’s programme covers a widerange of topics, which we hope will help add value to your businessand your clients’ businesses too.We hope you find the courses you need within our programme.If not, do please let us know by contacting our Regional Executive,Linda Howard on +44 (0)1223 654 684 orlinda.howard@icaew.comYou can be assured that any comments will be carefully consideredby the committee.Duncan SheekeyChairman, Programme, Conferences and Courses CommitteeBooking Procedureand Costs£475 for 10 courses(Personal Discount Scheme)or50% discount for all staffon any coursewith an annual subscription of £475(Firms’ Discount Scheme)or£95 for Individual coursesPlease send your payment with the appropriate booking form at theback of the brochure, or book online at icaew.com/southessexCourse Programme We reserve the right to vary the published programmeDate Time Course Speaker VenueWednesday 12 October 201109.1512.45Finance Act 2011 (CP 201)Phil Williams,Mercia Group LtdIvy Hill HotelMargarettingWednesday 12 October 201114.0017.15Getting the Tax Right includingLoan Relationships and OtherIssues (CP 202)Phil Williams,Mercia Group LtdIvy Hill HotelMargarettingThursday 24 November 201109.1512.45Audit Update including ClarifiedISAs (CP 203)Andrew Güntert,Mercia Group LtdIvy Hill HotelMargarettingThursday 24 November 201114.0017.15Money Laundering Update and theBribery Act (CP 204)Andrew Güntert,Mercia Group LtdIvy Hill HotelMargarettingThursday 23 February 201209.1512.45Employment Taxes Update (CP 205)Mark Morton,Mercia Group LtdIvy Hill HotelMargarettingThursday 23 February 201214.0017.15VAT Update (CP 206)Neil Warren, WarrenAccounting ServicesIvy Hill HotelMargarettingMonday 19 March 201214.0017.15Planning to Retain the Wealth ofthe Elderly (CP 207)Jonathan Wilkey,Gwynn James SolicitorsIvy Hill HotelMargarettingWednesday 28 March 201214.0017.15Charities: Current Issues (CP 208)Phil Frost,Mercia Group LtdHylands HouseChelmsfordMonday 16 April 201214.0017.15Corporation Tax Refresher (CP 209)Dean Wootten,Online Services LtdIvy Hill HotelMargarettingWednesday 9 May 201214.0017.15Capital Taxes Update (CP 210)Andrew Burgess,Mercia Group LtdIvy Hill HotelMargarettingThursday 31 May 201214.0017.15Tax Aspects of Pension Planningfor the Practitioner (CP 211)Stephen Ward,Premier PensionSolutions SLHylands HouseChelmsfordThursday 21 June 201209.1512.45Accountancy Update and CurrentIssues (CP 212)John Welsford,Mercia Group LtdIvy Hill HotelMargarettingThursday 21 June 201214.0017.15The Reporting Requirements ofSmall Companies (CP 213)John Welsford,Mercia Group LtdIvy Hill HotelMargarettingWednesday 4 July 201214.0017.15Delivering Service Excellence andDeveloping Client Advocacy (CP214)John Sharkey,Mercia Group LtdIvy Hill HotelMargarettingCancellations, Refunds and Transfers – Transfer of bookings to another course may be made up to seven working days before the coursebooked on. No refund will be due for cancellations received within seven working days of a course. Replacement delegates may be sent.2

Finance Act 2011Wednesday 12 October 2011 Ivy Hill Hotel, Margaretting 09.15 – 12.45SPEAKER Phil Williams, Mercia Group LtdObjectivesThis course will cover all of the major clauses inthe Finance Act and will concentrate on thepractical implications for accountants and theirclients.WHO SHOULD ATTENDAll partners and senior members of staff whowish to be aware of the content of this year’sFinance Act.ContentChanges to:• Personal tax• Employee tax• Capital taxes• Business and corporate tax• VAT• Other legislative changes relevant to the 2011/12 tax yearCPD HOURS3CP201Getting the Tax Right including Loan Relationshipsand Other IssuesWednesday 12 October 2011 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER Phil Williams, Mercia Group LtdOBJECTIVESThe course will concentrate on the correct taxtreatment of transactions for various areas ofbusiness tax with particular emphasis on loantransactions of companies.WHO SHOULD ATTENDPartners and staff who advise both companiesand unincorporated businesses on tax matters.CPD HOURS3CONTENT• Treatment of loans:– the loan relationship rules– quasi loans - trading debts of companies– loans between companies and shareholders including debt/equity investmentby business owners• Loss relief for the unincorporated business– how the reliefs work– ensuring tax efficient use of losses• Capital allowances– opportunities to maximise plant capital allowances– effect of anti-avoidance provisionsCP2023

Audit Update including Clarified ISAsThursday 24 November 2011 Ivy Hill Hotel, Margaretting 09.15 – 12.45SPEAKER Andrew Güntert, Mercia Group LtdOBJECTIVESOn completion of the course participants will:• be aware of relevant Auditing Standards,Practice Notes, Technical Releases and otheraudit pronouncements issued since theprevious update course• understand which pronouncements affectthem and the action that should be taken• be aware of common problem areas in theaudit of owner managed businesses and howto avoid them.CONTENT• Summary of the latest position• Clarified ISAs: A review of the key changes and practical guidance on how toimplement the standards effectively• Latest guidance on owner managed business audits, including PN26 (revised)and its future• Revisions to Ethical Standards• EC Green Paper on the future of auditing• POB report and QAD/ACCA/AIU feedback from visitsWHO SHOULD ATTENDAll partners, managers and senior staff involvedin auditing.CPD HOURS3 (AUDIT RELATED: 3)CP203Money Laundering Update and the Bribery ActThursday 24 November 2011 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER Andrew Güntert, Mercia Group LtdOBJECTIVESMost practice staff are aware of the requirements ofthe rules and regulations and what they must do toavoid breaking the law. However, there are doubtswhether these are being applied correctly in practice.Our experience is that firms are making far fewerreports than anticipated. Is this because there arefewer crimes or that people are failing to report them?The 3rd EU Money Laundering Directive requiredmember states to issue revised Regulations and thelatest Regulations came into effect in the UK on 15December 2007. Regulators expect these Regulationsto be complied with. The environment becomes evenmore challenging after 1 July 2011 as a result of theBribery Act 2010 which will lead to more suspicion ofcriminal offences having taken place. The course willsignificantly increase awareness of the issues andprovide practical guidance on what should bereported and how.CONTENT• Update on the law and regulations• The Bribery Act 2010 – offences and required procedures• The revised money laundering regulations– the differences and effects– how to avoid doing too much!– what should be reported and how– are your internal procedures working?– a series of examples to illustrate when reports are required• CDD (Customer Due Diligence) and identity checks– what is a risk based approach?– what do the JMLSG say– the CCAB guidance and ICAEW Tax Faculty guidance• Interaction with other rules and regulations, ISAs and professional ethics• Practical consequences of the first seven years of money launderingregulationsWHO SHOULD ATTENDThe course will be particularly relevant to allpersonnel who are directly involved with clientaffairs and want to understand more clearly how therules are working in practice.CPD HOURS3 (AUDIT RELATED: 3)CP2044

Employment Taxes UpdateThursday 23 February 2012 Ivy Hill Hotel, Margaretting 09.15 – 12.45SPEAKER Mark Morton, Mercia Group LtdOBJECTIVESIn recent years there have been numerous,important changes in tax and NationalInsurance legislation which affect the day today operation of clients’ businesses. This coursewill provide participants with a wide-ranging,practical review of these recent developmentsin benefits in kind and National Insurance.CONTENT• A review of new developments• A review of current compliance issues• Benefit in kind problem areas• Salary sacrifice and planning• Travelling and subsistence• Other topical issues.WHO SHOULD ATTENDAll partners and senior staff who advise clientson PAYE and benefits.CPD HOURS3CP205VAT UpdateThursday 23 February 2012 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER Neil Warren, Warren Accounting ServicesOBJECTIVESThe world of VAT is constantly evolving as theimpact of the global economy, complex caselaw and the enlargement of the EU means therules are changing on almost a daily basis.It is very important that practitioners ensureclients are fully aware of the impact of VATchanges, not only to keep on the right side ofHMRC but also to take advantage of VAT savingopportunities that become available.WHO SHOULD ATTENDThe course is ideal for anyone who is workingin industry or practice and whose day to daywork requires an awareness of VAT and theneed to be up-to-date with changes to thelegislation and the potential tax savingopportunities for clients.CONTENTThis seminar will:• review all major changes in VAT over the last twelve months• consider tips, pitfalls and developments with the flat rate scheme• give tax saving tips on many aspects of VAT• review the place of supply rules – when must VAT still be charged on a serviceprovided for an overseas customer?• consider important VAT cases in the last 12 months• consider potential pitfalls that need to be considered by practitioners in relationto partial exemption and land and property transactions• review important issues with the penalty regime and correction of errorsMost topics will be illustrated with practical examples based on actual situationsthat the presenter has encountered within his VAT consultancy practice.CPD HOURS3 (AUDIT RELATED: 1)CP2065

Planning to Retain the Wealth of the ElderlyMonday 19 March 2012 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER Jonathan Wilkey, Gwynn James SolicitorsObjectivesAdvising the elderly on the financial implicationsof long-term care is a rapidly expanding area ofLaw and Finance. However, the expansion hasbrought with it added complications for thepractitioner with the ongoing introduction ofnew legislation, changes in regulations,guidelines and case law. The aim of this course isto bring together recent changes that havetaken place and offer practical and currentadvice on the common questions asked byclients and practitioners.WHO SHOULD ATTENDPartners, managers and senior staff who needto be aware of the legal and financial issuesaffecting the retention of wealth of their elderlyclients.CPD HOURS:3CONTENTThe course will cover the following issues:• Setting the scene: an overview of funding long-term care and asset protection• Professional issues: conflict of interest, financial health check, mental capacity,practitioners’ duties, risk analysis, file management, IPFDA claims and avoidingnegligence claims• Financial assessments, the Notional Capital Rule and local authority recoveryprocedures• Asset protection: immediate, medium and long term planning• Asset protection: the options - Wills, trusts, leases, gifting assets, disregardedassets and asset preservation, investment and insurance schemes, personalpossessions, sharing property with the elderly and equity release• Options relating to the family home• Complications with former local authority properties• Protection of business assets• Effective gifting• Amendments to CRAG Guidelines [2007]• Practical case studiesCP207Charities: Current IssuesWednesday 28 March 2012 Hylands House, Chelmsford 14.00 – 17.15SPEAKER Phil Frost, Mercia Group LtdOBJECTIVESAccounting for charities is subject to continualchange. Recent developments includelegislative changes as well as regulatorydevelopments.This course will consider the impact in charityaccounts that arise from these changes. It willalso address key auditing issues.CONTENT• Recent developments and Charity Commission publications (including the latestguidance on public benefit)• Issues arising from the Charities Act 2006• Charitable Incorporated Organisations• Accounting issues including SORP amendments and FRS 30• Audit and assurance issues including clarified ISAs and going concern issues• Other regulatory issues affecting charitiesWHO SHOULD ATTENDPartners, managers and senior staff involved inthe accounts and audit of charities who needan awareness of recent changes and currentpractical problems regarding theseassignments.CPD HOURS3 (AUDIT RELATED: 3)CP2086

Corporation Tax RefresherMonday 16 April 2012 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER Dean Wootten, Online Tutors LtdOBJECTIVESThis course will review some of the specificareas of taxation applicable to companies.It will include the position for individuals whererelevant in their position as shareholders anddirectors.WHO SHOULD ATTENDPartners and senior staff who deal withcorporate tax matters.CPD HOURS3CONTENT• What’s hot right now?• Taxable profits – recent issues• Maximising the use of capital allowances• Incorporation issues• Directors’ loans• Tax efficient extraction• Simplification review of associated companies• Accumulate and liquidate, repeat• Charging rent to your company• Other close company issuesCP209Capital Taxes UpdateWednesday 9 May 2012 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER Andrew Burgess, Mercia Group LtdOBJECTIVESThe changes in the CGT rules in 2010 havemeant a rethink on some areas of tax planning.Whilst there have been no recent significantchanges in IHT that too remains a tax whereplanning is essential. This course will updateparticipants on key areas in both taxes.WHO SHOULD ATTENDAll partners and senior staff who advise clientson capital taxes and who therefore need to beaware of the current position.CPD HOURS3CONTENTCGT post FA 2011• Reminder of new rulesEntrepreneurs’ Relief• Basic entitlement• Ensuring clients get the most out of the reliefKey lifetime IHT planning issues• Use of trusts• Freezing value• Plan earlyMaximising and using IHT reliefs• Key issues on BPR and APR• Make sure relief is usedCP2107

Tax Aspects of Pension Planning for the PractitionerThursday 31 May 2012 Hylands House, Chelmsford 14.00 – 17.15SPEAKER Stephen Ward, Premier Pension Solutions SLOBJECTIVESTo enable delegates to understand how theability of individuals and businesses to invest inregistered pension schemes and so mitigate taxhas changed in the context of the reformsintroduced in April 2011. In particular how thishas been affected by the latest measures beingintroduced by the coalition government.WHO SHOULD ATTENDAll private client and corporate client practitionersinterested in the application of registered pensionschemes as a tax planning tool.CPD HOURS3CONTENT• Pension taxation reform as it has operated in practice so far• Member contributions to registered pension schemes and the new (reduced)annual allowance• How the new “carry forward” basis works• The taxation of death benefits - and how this has changed• Capped drawdown and flexible drawdown - and how they work• The IHT position as set out in Finance Bill 2011• Disguised remuneration and EFRBS• Pension taxation planning for the expat (or soon to be expat) through QROPS• A reminder about section 615 pension schemesThe detailed content may change as it will take account of the progression of theFinance Bill 2011 to Finance Act 2011.CP211Accountancy Update and Current IssuesThursday 21 June 2012 Ivy Hill Hotel, Margaretting 09.15 – 12.45SPEAKER John Welsford, Mercia Group LtdOBJECTIVESOn completion of the course, participants will:l be aware of all Accounting Standards,Exposure Drafts and UITF Pronouncementsissued since the last update coursel understand which pronouncements affectthem and the action that should be takenl understand any other pronouncements anddiscussion documents made during theperiod which affect accounting.CONTENTThe course will cover all publications by the Accounting Standards Board (ASB)issued since the last update course.The precise content of the seminar will be determined nearer to the date of thecourse and will be available from the society on request.WHO SHOULD ATTENDAll partners and staff involved in thepreparation and audit of company accounts.CPD HOURS3 (AUDIT RELATED: 3)CP2128

The Reporting Requirements of Small CompaniesThursday 21 June 2012 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER John Welsford, Mercia Group LtdOBJECTIVESThis course considers the many issues arisingfrom the different rules that relate to thepreparation of accounts of small privatecompanies and groups.WHO SHOULD ATTENDAll partners and senior members of staff whoare involved in the preparation of smallcompany accounts.CPD HOURS3 (AUDIT RELATED: 3)CONTENT• Small company status• Abbreviated accounts• Audit exemption• FRSSE issues• Key differences between FRSSE and the full accounting standards• Directors’ reports and accounting policies• Directors’ and related party transactions and disclosure• Common problemsCP213Delivering Service Excellence and DevelopingClient AdvocacyWednesday 4 July 2012 Ivy Hill Hotel, Margaretting 14.00 – 17.15SPEAKER John Sharkey, Mercia Group LtdOBJECTIVESDelegates will have the opportunity to reviewthe key skills and disciplines required inmanaging client relationships and expectationseffectively and ensure they deliver a consistent,excellent service to their clients, with theultimate objective of turning their clients intoadvocates of them and their firm.WHO SHOULD ATTENDPartners, managers and senior staff who areresponsible for managing client relationshipsand delivering service excellence.CONTENT• Identifying and clarifying clients needs and expectations• Delivering to client needs and keeping promises• Delivering added value• Providing clarity and transparency around actions and outputs• Handling complaints, perceptions of non delivery and areas of difficulty• Seeking and responding to client feedback• Turning clients into advocatesCPD HOURS3CP2149

Booking Form Please photocopy this formPlease complete the form and send with payment to the address below.Book online at icaew.com/southessexDETAILSContact Name for Booking Queries (title/forename/surname)Course CodeAddressCourse TitlePostcode/ZipcodeDateVenueCompany/FirmFDS Membership No. *(if applicable)CountryTelephone NoFax numberEmail addressDELEGATE NAMES – First Name and Surname in Block Capitals PleaseICAEW Membership No.PLACEs REQUIREDCOURSE FEES Fee (excluding VAT) No. people Total costAdult £95.00 £ .Student £47.50 £ .Less 50% discount for Firms’ Discount Members* £ .Sub Total £ .VAT (20%)Total remittance enclosed (payable to SES Chartac)£ .£ .I wish to receive course joining instructions by POST EMAILRegions Central EventsICAEW PO Box 6083 Milton Keynes MK10 1PGT +44 (0)1908 248 179 / +44 (0)1223 654 684F +44 (0)1908 248 053E regions.bookings@icaew.com10

Firms’ Discount Scheme ApplicationTailored for the larger practiceAnnual subscription fee of£475 plus VAT50% discount on all course feesfor any member of staffPlease enrol/renew my firm/organisation as a member of the Firms’ Discount Scheme.I understand that my subscription entitles me and any of my staff to 50% discount perplace on any of the courses shown on this leaflet.Please use the booking form on page 10 to inform us of the places you would like tobook on each course. Or, once your annual subscription has been paid, bookings maybe made online using the 50% discount code we will send with your scheme paymentconfirmation letter. Book online at icaew.com/southessexI enclose a cheque for £475 + VAT (£570) made payable to SES Chartac to cover theannual subscription fee.Name of Firm/OrganisationNo. of PartnersNo. of Qualified StaffUnqualified StaffContactAddressTelephone No.EmailPostcode/ZipcodeSignatureDatedd mm yyPersonal Discount Scheme MembershipTailored for the solepractitioner/smaller practice10 half day courses for£475 plus VATYour subscription entitles you to one place on any 10 of the 14 courses listed. You maysend any one individual from your office on each of the ten courses chosen.Sole practitioners – should you wish to attend more than ten courses, one extra placeon any of the remaining four courses may be booked at £47.50 plus VAT per place.Smaller practices – may also book up to four extra places, either on the courses alreadychosen, or on the remaining four courses, at £47.50 plus VAT per place, but no morethan two delegates per course from any one firm may attend using this scheme. Formultiple course bookings you should use the Firms’ Discount Scheme.Please use the booking form overleaf to indicate the courses you wish to attend.You may join the personal discount scheme online aticaew.com/sespersonaldiscountschemeYou will be issued a unique code which will allow you to select and book your 10 halfday courses.I enclose a cheque for £475 + VAT (£570) made payable to SES Chartac.NameAddressCompany/FirmICAEW Membership No.Telephone No.Postcode/ZipcodeEmailDatedd mm yy11

Personal Discount SchemeAdvance Booking FormPlan ahead – make your course selection nowCourse Speaker VenueFinance Act 2011 (CP 201)Phil Williams,Mercia Group LtdIvy Hill HotelMargarettingNo ofplacesDelegate name(s)Getting the Tax Right including LoanRelationships and Other Issues (CP 202)Audit Update including Clarified ISAs(CP 203)Money Laundering Update and the BriberyAct (CP 204)Employment Taxes Update (CP 205)VAT Update (CP 206)Planning to Retain the Wealth of theElderly (CP 207)Charities: Current Issues (CP 208)Corporation Tax Refresher (CP 209)Capital Taxes Update (CP 210)Tax Aspects of Pension Planning for thePractitioner (CP 211)Accountancy Update and Current Issues(CP 212)The Reporting Requirements of SmallCompanies (CP 213)Delivering Service Excellence andDeveloping Client Advocacy (CP 214)Phil Williams,Mercia Group LtdAndrew Güntert,Mercia Group LtdAndrew Güntert,Mercia Group LtdMark Morton,Mercia Group LtdNeil Warren, WarrenAccounting ServicesJonathan Wilkey,Gwynn James SolicitorsPhil Frost,Mercia Group LtdDean Wootten,Online Services LtdAndrew Burgess,Mercia Group LtdStephen Ward,Premier Pension Solutions SLJohn Welsford,Mercia Group LtdJohn Welsford,Mercia Group LtdJohn Sharkey,Mercia Group LtdIvy Hill HotelMargarettingIvy Hill HotelMargarettingIvy Hill HotelMargarettingIvy Hill HotelMargarettingIvy Hill HotelMargarettingIvy Hill HotelMargarettingHylands HouseChelmsfordIvy Hill HotelMargarettingIvy Hill HotelMargarettingHylands HouseChelmsfordIvy Hill HotelMargarettingIvy Hill HotelMargarettingIvy Hill HotelMargarettingChanges can be made at a later date but must be notified in writingRegions Central EventsICAEW PO Box 6083 Milton Keynes MK10 1PGT +44 (0)1908 248 179 / +44 (0)1223 654 684F +44 (0)1908 248 053E regions.bookings@icaew.com