Page 19 - Quorum Training 2021

IFRS 17 –
Insurance Contracts
Our two-day in-depth “how to do the numbers” and half day “high level” courses provide options for the level of detail you need to understand IFRS 17, using relevant examples on how it can impact your business.
How we can help
Preparing for and implementing IFRS 17 is problematic and challenging, requiring considerable effort to gain an initial understanding of the impact on the reported numbers, as well as identifying upgrades to processes and systems
to ensure they can provide IFRS 17 compliant data. This is where our expert speakers can assist you in getting to grips with this model.
To book your place or discuss your on-site training options call us on 0844 873 2121
or email us at enquiries@quorumtraining.com
www.quorumtraining.com/ifrs17
VAT on Construction – New Reverse Charge Rules
Our course will provide an in-depth understanding for those with responsibilities in the Construction Industry Scheme (CIS) or VAT invoicing and accounting.
What Is A Domestic Reverse Charge
A domestic reverse charge is a system whereby the customer receiving the supply of specified construction services must account for the VAT due, rather than the supplier. In turn, the customer deducts the VAT due to the supply as an input, meaning no net tax is payable to HMRC. This removes the scope to evade any VAT owing to HMRC.
How We Can Help
Our experienced speakers will assist you in understanding how the new VAT on Construction rules will affect supplies at the standard or reduced rates, where payments are required to be reported through CIS.
www.quorumtraining.com/vat-reverse-charge-rules