CONSULTANCY SERVICES AND TRAINING
Consultancy Services:
Expert Support for Navigating the Challenges of FRS 102 Section 20 Leases
External support can be invaluable in ensuring compliance with the standard.
Whether to engage consultancy services depends on your in-house expertise and the complexity of your lease portfolio.
Expert consultants can help you navigate the intricacies of the standard, ensure compliance, address challenges, and streamline your organisation's transition process.
External Support:
Key Resources to Keep in Mind
Your Software Provider
Your specialist software provider will be committed to the success of your project implementation, offering essential guidance for a smooth rollout. However, their specialised consultancy services may have limitations on the depth of advice they can provide.
Your External Auditor
Your external auditor’s consultancy services will be limited due to corporate governance conflicts.
Inform them of your solution early to allow effective resource planning for compliance checks, reducing the risk of additional audit charges.
Thirty Party Accountancy Firm
Consider engaging an independent third-party accountancy practice for specialised technical advice and audit compliance of your solution. Coordinating with your auditors can ensure the robustness of your approach, potentially offering a more cost-effective solution in the long term.
Consultants Specialising in FRS 102 Section Leases
Engage with a consultancy firm specialising in FRS 102 Section 20 leases for expert technical advice and implementation support. Unlike an accountancy firm, their focus is on optimising your lease accounting processes, ensuring compliance and providing strategic insights.
Knowledge Hub
Explore our Knowledge Hub for comprehensive resources on lease accounting standards, essential project management tools, FAQs and more. Alternative, contact us for consultancy services to help ensure a successful outcome.
Training
Your in-house solution software provider or MSP partner will provide you with training for you to effectively run your lease accounting function, and advice or best practice.
specialist & ExpERT RESources
Trusted Consultancy Support
Get in touch to connect with our Trusted partners for reliable consultancy services specialising in lease accounting.
FREE Lease Solutions PRO Knowledge Hub
Get the Clarity, Tools, and Support You Need to Navigate FRS 102 Lease Accounting
Built specifically for UK accountants and finance teams, the free LSP Knowledge Hub offers step-by-step guidance, practical tools, and implementation strategies.
It helps you simplify your 2025 lease position, reduce compliance risks, and stay fully aligned with FRS 102 Section 20 —without relying on costly external support.
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