LLPs – understanding their accounting requirements: Online CPD course delivered by Tolley

In the session, we will discuss how LLPs differ from other business structures in terms of accounting, including the specific LLP SORP which applies to LLP accounts, and will use practical examples to illustrate the issues that often cause difficulty. 

The three-hour session broadly covers: 

• The legal framework for LLPs
• Current reporting requirements and examples from LLP financial statements 
• Conversion issues for an existing partnership and use of LLPs by investment funds 
• Tax treatment of LLPs 
• The LLP SORP – impact of recent changes to UKGAAP 
• Members’ agreements – key issues for the accounts
• Audit issues 
  
  The event will take place virtually on Zoom. All our courses are free to attend and delegates qualify for three hours of structured CPD*.
  
  *Please note, CPD not available if watching a recording of the webinar on demand.
  
  

Our trainer
 

David Potts

David is a Chartered Accountant with over 30 years’ experience delivering training programmes for accountancy and legal practices, investment banks, owner managed businesses and international PLCs. Before setting up his own training business in 1998, David worked as an audit manager for BDO and subsequently delivered courses preparing students for their professional examinations for ICAEW, ACCA and CIMA qualifications.