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FRS102 doesn't have to be complicated

Contact our experts for a no obligation discussion

If your organisation needs help understanding or applying FRS 102, our experienced accountants can guide you through the process quickly and accurately. Whether you’re transitioning to FRS 102, preparing statutory accounts, or dealing with complex disclosures, we provide practical support to ensure your accounts remain compliant while minimising disruption to your organisation.






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    Call us today and speak with our FRS 102 team

    From one-off advice to fully managed statutory accounts preparation, we provide the level of support that fits your needs. Our FRS 102 specialists are available to answer your questions and discuss your needs in more detail.

    Call us on +44 (0)330 124 1399 and speak with a member of the team today about FRS 102.

    Learn more about how we can help you with FRS 102

    When dealing with complex accounting standards, experience matters.

    Our team of FRS 102 specialists provide:

    • Expert knowledge of UK accounting standards
    • Clear and practical advice for finance teams
    • Efficient preparation of compliant financial statements
    • Support during audits and regulatory reviews
    • Experience with FRS 102 across multiple sectors, including Charities and Not for Profit

    We focus on practical solutions that keep your reporting compliant without unnecessary complexity.

    Not quite sure where to start? Don’t worry, contact us today and a member of the team can help to fill in the blanks.

    Explore our FRS 102 resource hub
    Attend our FRS 102 webinar
    What charities need to know about (SORP)
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    Find your nearest Kreston Reeves office
    Explore our wider audit services

    Sound familiar? You are not alone...

    These are the some of the most common FRS 102 challenges we hear from finance directors and business owners. If any of these apply to you, or you have your own challenges you’d like to discuss, please contact us today.

    "We're not sure if we're applying FRS 102 correctly."

    The standard is detailed and complex. Many businesses apply it incorrectly without realising, creating risk at audit.

    "The 2026 changes have caught us off guard."

    The new revenue and lease requirements require a transition adjustment in opening reserves — this needs careful planning and early action.

    "Our current accountant isn't up to date on FRS 102."

    Not every accountant keeps pace with evolving standards. Specialist knowledge of FRS 102 matters when dealing with complex transactions.

    "Our financial instruments and leases are complicated."

    Derivatives, intercompany loans, operating and finance leases — FRS 102's requirements here are frequently misunderstood and misapplied.

    "We're switching accountants and need continuity."

    Changing advisors mid-year or around a filing deadline doesn't have to be stressful. We make transitions seamless.

    "We have an audit coming up and need to be ready."

    Auditors are applying closer scrutiny to FRS 102 compliance. Pre-audit reviews and preparation can save significant time and cost.

    Leading our FRS 102 team

    Graham Gardner

    Graham Gardner CA(SA)

    Audit Partner (Head of Audit Quality)

    +44 (0)20 7382 1877 Email Graham

    Email Graham

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      Emily Baldwin

      Emily Baldwin FCCA

      Accounts Director and Head of the Financial Reporting Team (FRT)

      +44 (0)330 124 1399 Email Emily

      Email Emily

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