FRS 102 is undergoing significant updates, with Leases being a particularly notable change. Other key areas include Revenue Recognition, Financial Instruments, Supplier Finance Arrangements, the Conceptual Framework, and Fair Value Measurement.
Experience has shown that, given the scale of these changes, additional specialist support or temporary resources may be essential to navigate the transition smoothly.
If that’s the case, we’re here to help—please don’t hesitate to reach out.
Essential Services For a Critical Time
Third Party Temp
& Contract Support
Temporary resources could be critical to ensuring a smooth and successful implementation
Consultancy
Services
External support can be invaluable in ensuring compliance with the standard
FREE Lease Solutions PRO Knowledge Hub
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.
As we moved to a new global accounting system without a lease module, Lease Solutions Pro and the Knowledge Hub proved invaluable.
Their clear insights, practical tools, and expert support helped us navigate the transition, refine our approach, and resolve early implementation challenges with confidence.
Barry Fitzmaurice
Finance Director, Bentley Systems UK Limited
Paul’s expertise was key to successfully implementing IFRS 16 software. His deep knowledge ensured smooth setup, easier audits, and ongoing lease management. We initially used spreadsheets, but by year two, it became unsustainable.
The software reduced errors, saved time, and eliminated the hidden risks of manual compliance.
Sanjay Mistry
Former Group Financial Controller, Empresaria
I’ve worked with Paul for six years, and his expertise —especially in lease accounting —has been outstanding. He provided accurate monthly lease journals with minimal input from us, making the entire process seamless and error-free.
Thanks to his support, our audits have been smooth and straightforward year after year.
Andreea Bortan
Finance Manager, TeamResourcing
2025 Lease Solutions Pro Limited
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