FORTHCOMING AMENDMENTS TO FRS 102
Third Party Temp & Contract Support
There are several changes coming in 2026
Lease Accounting is just one of them
FRS 102 is undergoing several updates, with Section 20 Leases being a notable change. Other key areas include Revenue Recognition, Financial Instruments, Supplier Finance Arrangements, the Conceptual Framework, and Fair Value Measurement.
It’s crucial to assess the scope of these transitions, as well as the potential strain on your staff. Senior finance professionals already face demanding workloads and long hours.
Bringing in temporary resources could be critical to ensuring a smooth and successful implementation.
Trusted Contract Support
A common piece of feedback we've encountered:
‘With hindsight, we wish we had requisitioned additional temporary resources due to the scale of the task,' either to manage day-to-day routine functions—allowing more focus on the project—or to assist directly with the project
RESOURCE SOLUTIONS OPTIONS
Our Trusted Partners
Get in touch to connect with our Trusted partners for reliable contract staff support specialising in lease accounting, or support to cover you while you manage the lease accounting implementation.
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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