Major changes are coming to FRS 102 and we’re here to help you prepare.
Whether you’re a small business managing day-to-day accounts or a larger organisation overseeing complex leases and contracts, the upcoming reforms to FRS 102 will affect how you report, disclose and plan financially.
This is the most significant revision to UK GAAP in over a decade, and early preparation is the best way to protect your business from disruption.
From leases and revenue to fair value and supplier finance, the updates are wide-reaching.
Here’s how we can help you navigate them:
Helping you understand the new five-step model based on contract performance
Preparing you for the on-balance-sheet approach to almost all leases
Applying updated guidance aligned with international standards
Ensuring you meet new transparency requirements
Supporting you with cross-border tax compliance and disclosures
Helping you determine how your filing obligations may change
We know that keeping on top of regulatory change can be time-consuming but it doesn’t have to be confusing.
Our expert team will explain what’s changing, how it affects your business, and what you need to do next.
We’ll help you assess the impact, update your policies and prepare your financial statements for the new rules.
Let us take care of the technical detail, so you can stay focused on growing your business.
We work with businesses of all sizes, offering practical, tailored advice that makes compliance straightforward and stress-free.
We’ll work alongside you and your existing team to make sure your business is fully prepared for January 2026.