In our latest webinar, we discuss the upcoming changes to FRS 102 and company law, with a particular focus on leases and small companies. These are some of the largest changes to come to corporate reporting and are likely to have a fundamental impact on how accounts are interpreted, and the effort needed to prepare these for certain companies.
The changes may have a big impact on finance covenants, debt/borrowings when revenue is recognised, and may even drive a change in personal and business taxes. These are fundamental, and we recommend all finance-focused members of staff, and owner-managers should watch the recording for an initial high-level understanding of what this all means for your finances.