SHPS Accounting Changes for Registered Providers of Social Housing

If sufficient information becomes available entities should apply defined benefit accounting rather than the current situation, in which entities within SHPS have accounted for the plan as if it were defined contribution together with a liability for the contributions payable arising from an agreement to fund a deficit.

The Financial Reporting Council has on 24 May issued “Amendments to FRS 102 Multi-employer defined benefits plans” adopting the changes proposed in FRED 71.

Join our free webinar on Wednesday 5^th June, where Vincent Marke, our National Head of Housing will be joined by James Nayler from our Financial Reporting Advisory Team, as well as Andy O’Regan, Head of Professional Services at TPT Retirement Solutions to consider the methodology and accounting behind this change. 

This webinar will be of interest to both housing professionals and non-executive board members charged with governance who will be receiving financial statements with these amendments over the next few months.

This webinar will include:

• An overview of the current accounting provisions for SHPS
• Background to the recent changes
• Considerations for employers and TPT Retirement Solutions support
• Accounting changes and requirements
• Q&A

WHEN

Wednesday 5th June

2:30pm - 3:30pm

RSVP HERE