FRS 102: Understanding the changes ahead

The recent amendments to FRS 102, issued by the Financial Reporting Council on 27 March, 2024, bring significant updates aimed at aligning FRS 102 more closely with International Financial Reporting Standards.

Taking place on Friday 16 May, 9.30-10.45am, our audit technical team will cover key areas of change in this webinar, including those to revenue recognition, leases, and fair value accounting.

These amendments will be effective for periods beginning on or after 1 January , 2026, with early adoption permitted. This means businesses need to plan imminently for the changes coming. The session will explore what these changes look like and what needs to be done to prepare, including how to manage the expectations of external users of the financial statements.

Agenda:

• Overview of the changes to FRS 102
• Panel discussion with the audit technical team around the upcoming changes and how to prepare
• Real-world examples to illustrate the application of FRS 102

Why Attend?

• Expert insights: Hear from industry experts who will break down how the FRS 102 changes will impact your income statement and balance sheet.
• Practical application: Learn about the steps you need to take to ensure compliance with the new accounting and manage key stakeholders.
• Interactive Q&A: Get your questions answered live by our panel of specialists.

Who Should Attend?

• Financial managers and controllers
• Business owners and entrepreneurs
• Anyone involved in financial reporting

Click here to register your attendance. You can also submit your questions prior to the webinar by emailing events@krestonreeves.com to make sure they are covered.